Price for Winding Wire of Copper in Romania - 2023
Contents:
- Price for Winding Wire of Copper in Romania (CIF) - 2023
- Price for Winding Wire of Copper in Romania (FOB) - 2022
- Imports of Winding Wire of Copper in Romania
- Exports of Winding Wire of Copper in Romania
Price for Winding Wire of Copper in Romania (CIF) - 2023
In June 2023, the average winding wire of copper import price amounted to $12,445 per ton, with a decrease of -2.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 176% against the previous month. Over the period under review, average import prices hit record highs at $12,753 per ton in May 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14,979 per ton), while the price for Greece ($8,291 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 Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Romania (FOB) - 2022
The average winding wire of copper export price stood at $15,892 per ton in 2022, waning by -2.7% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.1% 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 export price increased by +49.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57% against the previous year. The export price peaked at $16,329 per ton in 2021, and then fell modestly 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 Italy ($24,637 per ton), while the average price for exports to Croatia ($6,955 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 Italy (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Romania
In 2022, the amount of winding wire of coppers imported into Romania soared to 14K tons, increasing by 16% compared with 2021. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper imports rose modestly to $144M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Winding Wire of Copper in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.7 | 23.0 | 35.0 | 47.7 | 34.3% |
| Italy | 25.4 | 33.7 | 44.3 | 36.1 | 12.4% |
| Poland | 7.3 | 5.0 | 9.2 | 8.0 | 3.1% |
| Spain | 7.7 | 7.7 | 12.1 | 6.9 | -3.6% |
| Turkey | 4.9 | 6.4 | 11.3 | 6.2 | 8.2% |
| Austria | 4.8 | 3.1 | 5.6 | 6.0 | 7.7% |
| Sweden | 2.5 | 2.4 | 5.2 | 5.2 | 27.7% |
| Greece | 2.8 | 2.7 | 4.5 | 4.7 | 18.8% |
| Slovakia | 3.2 | 3.3 | 4.0 | 4.0 | 7.7% |
| France | 2.0 | 1.3 | 1.2 | 3.6 | 21.6% |
| Netherlands | 3.7 | 1.5 | 1.8 | 2.8 | -8.9% |
| Hungary | 1.6 | 1.3 | 1.0 | 2.5 | 16.0% |
| United Kingdom | 6.2 | 2.2 | 0.9 | 0.4 | -59.9% |
| Others | 4.0 | 4.1 | 5.4 | 10.1 | 36.2% |
| Total | 95.7 | 97.7 | 141 | 144 | 14.6% |
Top Suppliers of Winding Wire of Copper to Romania in 2022:
- Italy (4626.2 tons)
- Germany (3893.3 tons)
- Poland (786.3 tons)
- Spain (693.8 tons)
- Turkey (600.2 tons)
- Austria (587.7 tons)
- Sweden (459.2 tons)
- Greece (445.8 tons)
- Slovakia (384.3 tons)
- France (304.0 tons)
- Hungary (294.7 tons)
- Netherlands (247.4 tons)
- United Kingdom (25.9 tons)
Exports of Winding Wire of Copper in Romania
In 2022, exports of winding wire of coppers from Romania fell dramatically to 776 tons, which is down by -15.4% on 2021 figures. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4% against the previous year.
In value terms, winding wire of copper exports declined sharply to $12M in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.
| Export of Winding Wire of Copper in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.6 | 5.7 | 8.8 | 6.0 | -7.6% |
| Moldova | 1.7 | 2.4 | 2.4 | 2.9 | 19.5% |
| Hungary | 0.9 | 0.7 | 0.9 | 0.8 | -3.9% |
| Croatia | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Czech Republic | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| France | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Slovakia | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Germany | 0.8 | 0.6 | 0.4 | 0.2 | -37.0% |
| Spain | 1.0 | 0.3 | 0.1 | N/A | -68.4% |
| Others | 3.2 | 1.7 | 1.7 | 1.5 | -22.3% |
| Total | 16.1 | 12.1 | 15.0 | 12.3 | -8.6% |
Top Export Markets for Winding Wire of Copper from Romania in 2022:
- Moldova (273.3 tons)
- Italy (243.7 tons)
- Hungary (79.5 tons)
- Croatia (46.6 tons)
- Slovakia (28.2 tons)
- Czech Republic (20.4 tons)
- France (15.1 tons)
- Germany (13.2 tons)
- Spain (1.1 tons)
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