Price for Winding Wire of Copper in Slovakia - 2023
Contents:
- Price for Winding Wire of Copper in Slovakia (CIF) - 2022
- Price for Winding Wire of Copper in Slovakia (FOB) - 2023
- Imports of Winding Wire of Copper in Slovakia
- Exports of Winding Wire of Copper in Slovakia
Price for Winding Wire of Copper in Slovakia (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $8,726 per ton, surging by 30% against the previous year. In general, the import price showed prominent growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 63% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($10,488 per ton), while the price for Hungary ($4,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Slovakia (FOB) - 2023
In June 2023, the average winding wire of copper export price amounted to $10,836 per ton, with an increase of 2.3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 9.3% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($11,721 per ton), while the average price for exports to Germany ($7,066 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 Spain (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Slovakia
Winding wire of copper imports into Slovakia fell notably to 19K tons in 2022, shrinking by -37.2% compared with the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 78%. As a result, imports attained the peak of 30K tons, and then contracted significantly in the following year.
In value terms, winding wire of copper imports shrank dramatically to $164M in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of $201M, and then dropped dramatically in the following year.
| Import of Winding Wire of Copper in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 49.7 | 33.0 | 78.6 | 54.7 | 3.2% |
| Germany | 16.6 | 23.5 | 47.9 | 39.6 | 33.6% |
| France | 16.8 | 15.9 | 22.4 | 16.9 | 0.2% |
| Spain | 20.1 | 21.9 | 26.6 | 10.5 | -19.5% |
| Belgium | 4.1 | 5.6 | 8.5 | 9.4 | 31.9% |
| Serbia | 0.1 | 0.8 | 2.2 | 6.5 | 302.1% |
| Poland | 3.1 | 2.7 | 5.5 | 4.2 | 10.7% |
| Others | 4.7 | 5.1 | 9.6 | 22.5 | 68.5% |
| Total | 115 | 108 | 201 | 164 | 12.6% |
Top Suppliers of Winding Wire of Copper to Slovakia in 2022:
- Italy (6.5K tons)
- Germany (4.3K tons)
- France (1.8K tons)
- Spain (1.7K tons)
- Belgium (1.1K tons)
- Serbia (0.6K tons)
- Poland (0.4K tons)
Exports of Winding Wire of Copper in Slovakia
In 2022, the amount of winding wire of coppers exported from Slovakia reached 11K tons, picking up by 1.7% against 2021 figures. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, winding wire of copper exports stood at $111M in 2022. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Winding Wire of Copper in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.0 | 20.3 | 37.2 | 35.8 | 23.5% |
| Czech Republic | 6.5 | 8.9 | 14.9 | 13.0 | 26.0% |
| Hungary | 12.3 | 8.3 | 12.8 | 13.0 | 1.9% |
| Poland | 4.8 | 4.9 | 7.0 | 9.8 | 26.9% |
| Spain | 6.5 | 5.2 | 9.3 | 7.0 | 2.5% |
| France | 2.2 | 1.8 | 3.6 | 5.4 | 34.9% |
| Germany | 3.6 | 3.1 | 5.4 | 4.7 | 9.3% |
| Croatia | 1.3 | 1.8 | 3.3 | 3.5 | 39.1% |
| Austria | 2.4 | 0.8 | 2.3 | 3.0 | 7.7% |
| Romania | 2.5 | 2.2 | 3.6 | 2.9 | 5.1% |
| Switzerland | 1.0 | 1.1 | 2.5 | 2.4 | 33.9% |
| Others | 5.0 | 6.8 | 7.7 | 10.7 | 28.9% |
| Total | 67.1 | 65.2 | 110 | 111 | 18.3% |
Top Export Markets for Winding Wire of Copper from Slovakia in 2022:
- Italy (3732.5 tons)
- Hungary (1394.7 tons)
- Czech Republic (1320.4 tons)
- Poland (904.9 tons)
- Spain (671.3 tons)
- Germany (532.9 tons)
- France (516.6 tons)
- Croatia (355.6 tons)
- Austria (335.3 tons)
- Romania (282.9 tons)
- Switzerland (138.0 tons)
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