Price for Winding Wire of Copper in Ireland - 2023
Contents:
- Price for Winding Wire of Copper in Ireland (CIF) - 2022
- Price for Winding Wire of Copper in Ireland (FOB) - 2022
- Imports of Winding Wire of Copper in Ireland
- Exports of Winding Wire of Copper in Ireland
Price for Winding Wire of Copper in Ireland (CIF) - 2022
The average winding wire of copper import price stood at $3,818 per ton in 2022, falling by -43.1% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 18% against the previous year. The import price peaked at $6,978 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,191 per ton), while the price for Spain ($2,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Ireland (FOB) - 2022
The average winding wire of copper export price stood at $10,123 per ton in 2022, falling by -87% against the previous year. Overall, the export price, however, continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2021 an increase of 857% against the previous year. As a result, the export price attained the peak level of $78,117 per ton, and then contracted notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($24,338 per ton), while the average price for exports to the UK stood at $7,691 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+50.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire of Copper in Ireland
After two years of decline, purchases abroad of winding wire of coppers increased by 119% to 2.9K tons in 2022. Over the period under review, imports, however, saw a deep setback.
In value terms, winding wire of copper imports skyrocketed to $11M in 2022. Overall, imports, however, recorded a sharp decrease.
| Import of Winding Wire of Copper in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.0 | 1.7 | N/A | 6.2 | 45.8% |
| United Kingdom | 23.6 | 19.6 | N/A | 2.0 | -56.1% |
| Germany | 1.2 | 0.8 | N/A | 1.0 | -5.9% |
| Slovakia | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Others | 1.6 | 1.5 | 8.8 | 1.6 | 0.0% |
| Total | 28.4 | 23.8 | 8.8 | 11.0 | -27.1% |
Top Suppliers of Winding Wire of Copper to Ireland in 2022:
- Spain (2384.9 tons)
- United Kingdom (190.6 tons)
- Germany (140.3 tons)
- Slovakia (43.6 tons)
Exports of Winding Wire of Copper in Ireland
In 2022, approx. 220 tons of winding wire of coppers were exported from Ireland; rising by 458% against the previous year. Over the period under review, exports, however, showed a abrupt downturn.
In value terms, winding wire of copper exports dropped sharply to $2.2M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 51%.
| Export of Winding Wire of Copper in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,622 | 1,785 | N/A | 1,607 | -0.3% |
| Switzerland | 18.4 | 17.3 | N/A | 106 | 79.3% |
| Others | 203 | 977 | 3,075 | 512 | 36.1% |
| Total | 1,843 | 2,780 | 3,075 | 2,225 | 6.5% |
Top Export Markets for Winding Wire of Copper from Ireland in 2022:
- United Kingdom (208.9 tons)
- Switzerland (4.4 tons)
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