Price for Winding Wire of Copper in Finland - 2023
Contents:
- Price for Winding Wire of Copper in Finland (CIF) - 2022
- Price for Winding Wire of Copper in Finland (FOB) - 2022
- Imports of Winding Wire of Copper in Finland
- Exports of Winding Wire of Copper in Finland
Price for Winding Wire of Copper in Finland (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $12,881 per ton, picking up by 21% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire of copper import price increased by +63.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($17,536 per ton), while the price for Estonia ($6,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Finland (FOB) - 2022
The average winding wire of copper export price stood at $26,815 per ton in 2022, with an increase of 6.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 67%. As a result, the export price reached the peak level of $29,183 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($165,207 per ton), while the average price for exports to Sweden ($7,469 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire of Copper in Finland
In 2022, the amount of winding wire of coppers imported into Finland rose notably to 3.4K tons, with an increase of 14% compared with 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 61%. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, winding wire of copper imports skyrocketed to $44M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winding Wire of Copper in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 15.4 | 16.9 | 17.0 | 24.2 | 16.3% |
| Austria | 6.3 | 8.9 | 7.4 | 8.6 | 10.9% |
| Poland | N/A | 0.1 | 1.8 | 3.6 | 500.0% |
| Germany | 1.2 | 1.5 | 1.5 | 3.2 | 38.7% |
| Italy | 0.1 | 0.1 | 0.6 | 1.8 | 162.1% |
| Estonia | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| France | 0.5 | 1.4 | 2.2 | 0.6 | 6.3% |
| Others | 2.0 | 1.9 | 1.2 | 1.6 | -7.2% |
| Total | 25.6 | 31.0 | 32.0 | 44.3 | 20.1% |
Top Suppliers of Winding Wire of Copper to Finland in 2022:
- Sweden (1990.1 tons)
- Austria (684.8 tons)
- Poland (210.7 tons)
- Germany (185.8 tons)
- Estonia (104.1 tons)
- Italy (104.0 tons)
- France (55.5 tons)
Exports of Winding Wire of Copper in Finland
In 2022, approx. 136 tons of winding wire of coppers were exported from Finland; rising by 43% on the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports soared to $3.6M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 325 | 358 | 240 | 1,236 | 56.1% |
| Estonia | 660 | 559 | 711 | 886 | 10.3% |
| Japan | 0.1 | 1.3 | N/A | 508 | 1619.0% |
| Belgium | 104 | 221 | 329 | 401 | 56.8% |
| Russia | 235 | 272 | 283 | 303 | 8.8% |
| United States | 123 | 38.2 | 81.5 | 119 | -1.1% |
| Sweden | 8.5 | 9.1 | 38.5 | 57.7 | 89.3% |
| Kazakhstan | 140 | 0.2 | 0.2 | 1.1 | -80.1% |
| Others | 121 | 174 | 708 | 127 | 1.6% |
| Total | 1,717 | 1,633 | 2,392 | 3,639 | 28.5% |
Top Export Markets for Winding Wire of Copper from Finland in 2022:
- Kazakhstan (undefined tons)
- Estonia (52.7 tons)
- Japan (24.3 tons)
- Belgium (22.2 tons)
- Russia (17.6 tons)
- Sweden (7.7 tons)
- China (7.5 tons)
- United States (1.6 tons)
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