Price for Winding Wire of Copper in Greece - 2023
Contents:
- Price for Winding Wire of Copper in Greece (FOB) - 2023
- Price for Winding Wire of Copper in Greece (CIF) - 2023
- Exports of Winding Wire of Copper in Greece
- Imports of Winding Wire of Copper in Greece
Price for Winding Wire of Copper in Greece (FOB) - 2023
The average winding wire of copper export price stood at $10,043 per ton in June 2023, rising by 67% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $11,925 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($11,684 per ton), while the average price for exports to Slovenia ($3,881 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire of Copper in Greece (CIF) - 2023
In June 2023, the average winding wire of copper import price amounted to $1,517 per ton, dropping by -87.8% against the previous month. Overall, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 237% m-o-m. Over the period under review, average import prices attained the peak figure at $31,591 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From June 2022 to June 2023, the rate of growth in terms of prices for Serbia amounted to +5.4% per month.
Exports of Winding Wire of Copper in Greece
Winding wire of copper exports from Greece declined significantly to 4.3K tons in 2022, which is down by -23.2% compared with 2021 figures. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% 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 +22.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of 5.6K tons, and then shrank notably in the following year.
In value terms, winding wire of copper exports fell notably to $39M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +49.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. As a result, the exports attained the peak of $48M, and then dropped remarkably in the following year.
| Export of Winding Wire of Copper in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.8 | 4.3 | 5.6 | 7.1 | 7.0% |
| Germany | 4.1 | 0.9 | 7.3 | 5.5 | 10.3% |
| Romania | 2.8 | 2.9 | 5.5 | 4.8 | 19.7% |
| Belgium | 0.8 | 2.5 | 6.6 | 4.8 | 81.7% |
| Bulgaria | 2.8 | 3.6 | 4.1 | 2.7 | -1.2% |
| South Africa | 2.4 | 1.6 | 2.5 | 2.3 | -1.4% |
| Indonesia | 0.3 | 1.6 | 2.0 | 2.0 | 88.2% |
| Serbia | 0.6 | 0.8 | 1.1 | 1.2 | 26.0% |
| Saudi Arabia | 0.5 | 0.8 | 1.1 | 1.1 | 30.1% |
| Czech Republic | 0.9 | 0.5 | 0.8 | 1.0 | 3.6% |
| United Kingdom | 2.5 | 2.5 | 2.6 | 0.9 | -28.9% |
| United Arab Emirates | 0.1 | N/A | N/A | 0.8 | 100.0% |
| Slovenia | 0.7 | 1.4 | 4.7 | 0.8 | 4.6% |
| Others | 5.5 | 2.4 | 3.7 | 3.8 | -11.6% |
| Total | 29.7 | 25.9 | 47.6 | 38.7 | 9.2% |
Top Export Markets for Winding Wire of Copper from Greece in 2022:
- Germany (992.3 tons)
- Italy (698.2 tons)
- Romania (475.8 tons)
- Belgium (424.3 tons)
- Bulgaria (261.1 tons)
- South Africa (211.6 tons)
- Indonesia (188.6 tons)
- Slovenia (145.3 tons)
- United Arab Emirates (120.6 tons)
- Serbia (119.5 tons)
- Saudi Arabia (100.2 tons)
- United Kingdom (89.0 tons)
- Czech Republic (87.5 tons)
Imports of Winding Wire of Copper in Greece
For the third year in a row, Greece recorded decline in supplies from abroad of winding wire of coppers, which decreased by -23.1% to 154 tons in 2022. Overall, imports continue to indicate a precipitous slump.
In value terms, winding wire of copper imports contracted notably to $1.7M in 2022. Over the period under review, imports recorded a drastic downturn. The smallest decline of -7.6% was in 2020.
| Import of Winding Wire of Copper in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,154 | 1,063 | 771 | 787 | -12.0% |
| Serbia | 80.8 | 202 | 112 | 229 | 41.5% |
| Netherlands | 86.9 | 43.2 | 50.0 | 104 | 6.2% |
| Turkey | 139 | 92.2 | 177 | 93.0 | -12.5% |
| Germany | 461 | 180 | 90.3 | 84.7 | -43.2% |
| China | 44.0 | 32.4 | 128 | 74.6 | 19.2% |
| Poland | 13.5 | 20.2 | 163 | 72.3 | 75.0% |
| United Kingdom | 51.4 | 285 | 42.0 | 51.9 | 0.3% |
| Bulgaria | 224 | 226 | 142 | 26.5 | -50.9% |
| Slovakia | 160 | 63.8 | N/A | N/A | -60.1% |
| Others | 201 | 211 | 339 | 137 | -12.0% |
| Total | 2,615 | 2,417 | 2,014 | 1,660 | -14.1% |
Top Suppliers of Winding Wire of Copper to Greece in 2022:
- Italy (84.6 tons)
- Serbia (20.6 tons)
- Netherlands (10.2 tons)
- Turkey (8.5 tons)
- China (8.2 tons)
- Poland (5.6 tons)
- United Kingdom (3.8 tons)
- Germany (3.5 tons)
- Bulgaria (2.6 tons)
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