Price for Winding Wire of Copper in Poland - 2023

Contents:

  1. Price for Winding Wire of Copper in Poland (CIF) - 2023
  2. Price for Winding Wire of Copper in Poland (FOB) - 2023
  3. Imports of Winding Wire of Copper in Poland
  4. Exports of Winding Wire of Copper in Poland

Price for Winding Wire of Copper in Poland (CIF) - 2023

The average winding wire of copper import price stood at $6,454 per ton in June 2023, reducing by -14.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 21% month-to-month. As a result, import price attained the peak level of $7,527 per ton, and then dropped in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14,655 per ton), while the price for the Netherlands ($3,742 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winding Wire of Copper in Poland (FOB) - 2023

The average winding wire of copper export price stood at $7,637 per ton in June 2023, shrinking by -9.8% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 13% m-o-m. Over the period under review, the average export prices attained the maximum at $8,463 per ton in May 2023, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($12,400 per ton), while the average price for exports to Croatia ($3,395 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 Austria (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire of Copper in Poland

In 2022, the amount of winding wire of coppers imported into Poland skyrocketed to 41K tons, picking up by 34% compared with the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, winding wire of copper imports skyrocketed to $261M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Winding Wire of Copper in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany36.234.050.555.215.1%
Netherlands12.930.137.048.655.6%
Italy16.518.228.635.429.0%
Spain13.310.016.625.924.9%
Sweden15.314.321.125.618.7%
Czech Republic0.10.510.913.1407.9%
Slovakia7.16.88.110.815.0%
Austria4.45.210.79.730.1%
France6.15.57.58.511.7%
Others8.77.713.928.047.6%
Total12113220526129.2%

Top Suppliers of Winding Wire of Copper to Poland in 2022:

  1. Netherlands (12.8K tons)
  2. Germany (8.6K tons)
  3. Czech Republic (3.6K tons)
  4. Italy (3.1K tons)
  5. Spain (2.8K tons)
  6. Sweden (2.7K tons)
  7. France (1.3K tons)
  8. Slovakia (1.2K tons)
  9. Austria (0.8K tons)

Exports of Winding Wire of Copper in Poland

Winding wire of copper exports from Poland soared to 19K tons in 2022, picking up by 16% compared with 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 +73.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, winding wire of copper exports surged to $150M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Winding Wire of Copper in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic69.040.868.783.96.7%
Hungary3.32.12.314.162.3%
Netherlands1.43.35.910.797.0%
Germany6.413.515.58.911.6%
Sweden1.22.57.75.970.0%
Slovenia0.63.84.85.1104.1%
Slovakia2.62.55.84.620.9%
Austria3.91.31.72.0-20.0%
Others7.87.69.514.823.8%
Total96.377.412215015.9%

Top Export Markets for Winding Wire of Copper from Poland in 2022:

  1. Czech Republic (8.4K tons)
  2. Hungary (3.3K tons)
  3. Germany (2.4K tons)
  4. Netherlands (0.9K tons)
  5. Austria (0.5K tons)
  6. Slovenia (0.5K tons)
  7. Sweden (0.5K tons)
  8. Slovakia (0.4K tons)

Source: IndexBox Market Intelligence Platform

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