Price for Winding Wire of Copper in Sweden - 2023
Contents:
- Price for Winding Wire of Copper in Sweden (FOB) - 2023
- Price for Winding Wire of Copper in Sweden (CIF) - 2022
- Exports of Winding Wire of Copper in Sweden
- Imports of Winding Wire of Copper in Sweden
Price for Winding Wire of Copper in Sweden (FOB) - 2023
The average winding wire of copper export price stood at $10,561 per ton in June 2023, with a decrease of -5.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 5% against the previous month. Over the period under review, the average export prices attained the maximum at $11,241 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the highest price was recorded for prices to the Czech Republic ($11,224 per ton) and Germany ($10,649 per ton), while the average price for exports to Poland ($10,273 per ton) and France ($10,294 per ton) were 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 (+0.0%), while the prices for the other major destinations experienced a decline.
Price for Winding Wire of Copper in Sweden (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $10,503 per ton, declining by -7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 an increase of 29% against the previous year. The import price peaked at $11,363 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($16,092 per ton), while the price for Finland ($9,425 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Sweden
In 2022, the amount of winding wire of coppers exported from Sweden reached 29K tons, picking up by 8.9% on 2021 figures. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, winding wire of copper exports expanded sharply to $296M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Winding Wire of Copper in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.5 | 22.8 | 83.1 | 94.1 | 56.6% |
| Finland | 25.4 | 25.1 | 35.7 | 41.1 | 17.4% |
| Poland | 19.5 | 12.9 | 19.9 | 26.4 | 10.6% |
| Hungary | 16.9 | 14.9 | 20.2 | 22.2 | 9.5% |
| Italy | 14.1 | 12.9 | 25.5 | 21.9 | 15.8% |
| Estonia | 15.1 | 13.0 | 17.7 | 19.1 | 8.1% |
| Czech Republic | 7.0 | 8.7 | 11.5 | 15.4 | 30.1% |
| France | 11.3 | 9.2 | 13.8 | 13.0 | 4.8% |
| Others | 29.7 | 25.9 | 46.0 | 42.8 | 13.0% |
| Total | 164 | 145 | 273 | 296 | 21.8% |
Top Export Markets for Winding Wire of Copper from Sweden in 2022:
- Germany (9.2K tons)
- Finland (4.0K tons)
- Poland (2.6K tons)
- Italy (2.2K tons)
- Hungary (2.2K tons)
- Estonia (1.8K tons)
- Czech Republic (1.4K tons)
- France (1.3K tons)
Imports of Winding Wire of Copper in Sweden
In 2022, the amount of winding wire of coppers imported into Sweden skyrocketed to 4.9K tons, picking up by 102% on the year before. Overall, imports continue to indicate a significant increase. 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 surged to $51M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 87%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Winding Wire of Copper in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 3.6 | 6.8 | 28.3 | 166.2% |
| Austria | 8.6 | 5.5 | 6.2 | 8.9 | 1.1% |
| Poland | 1.6 | 2.8 | 8.1 | 6.7 | 61.2% |
| Finland | 0.1 | 0.5 | 2.9 | 2.9 | 207.2% |
| Others | 3.7 | 2.2 | 3.4 | 4.4 | 5.9% |
| Total | 15.4 | 14.7 | 27.5 | 51.2 | 49.3% |
Top Suppliers of Winding Wire of Copper to Sweden in 2022:
- Germany (2718.0 tons)
- Austria (898.0 tons)
- Poland (703.0 tons)
- Finland (311.2 tons)
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