Price for Winding Wire of Copper in the Czech Republic - 2023
Contents:
- Price for Winding Wire of Copper in the Czech Republic (CIF) - 2023
- Price for Winding Wire of Copper in the Czech Republic (FOB) - 2023
- Imports of Winding Wire of Copper in the Czech Republic
- Exports of Winding Wire of Copper in the Czech Republic
Price for Winding Wire of Copper in the Czech Republic (CIF) - 2023
In June 2023, the average winding wire of copper import price amounted to $10,535 per ton, with a decrease of -7.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 7.2% month-to-month. The import price peaked at $11,387 per ton in May 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($13,486 per ton), while the price for Germany ($8,885 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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in the Czech Republic (FOB) - 2023
In June 2023, the average winding wire of copper export price amounted to $5,582 per ton, waning by -23.5% against the previous month. In general, the export price recorded a slight reduction. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 306% month-to-month. As a result, the export price attained the peak level of $12,831 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($12,839 per ton), while the average price for exports to Slovakia ($2,484 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 Poland (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in the Czech Republic
In 2022, winding wire of copper imports into the Czech Republic amounted to 29K tons, picking up by 2.1% on the previous year. In general, imports, however, continue to indicate a slight setback.
In value terms, winding wire of copper imports stood at $295M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Winding Wire of Copper in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 75.2 | 74.8 | 117 | 107 | 12.5% |
| Poland | 66.3 | 41.5 | 67.1 | 76.9 | 5.1% |
| Austria | 12.7 | 13.3 | 20.9 | 24.5 | 24.5% |
| Italy | 18.0 | 16.7 | 21.9 | 20.3 | 4.1% |
| Sweden | 8.9 | 8.6 | 14.1 | 16.2 | 22.1% |
| Slovakia | 5.8 | 8.4 | 15.9 | 12.7 | 29.9% |
| Spain | 5.0 | 6.0 | 13.2 | 9.5 | 23.9% |
| Others | 13.3 | 13.4 | 23.0 | 27.8 | 27.9% |
| Total | 205 | 183 | 293 | 295 | 12.9% |
Top Suppliers of Winding Wire of Copper to the Czech Republic in 2022:
- Germany (10.6K tons)
- Poland (6.9K tons)
- Austria (2.3K tons)
- Italy (2.1K tons)
- Spain (2.1K tons)
- Sweden (1.5K tons)
- Slovakia (1.2K tons)
Exports of Winding Wire of Copper in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of winding wire of coppers, which increased by 41% to 2.3K tons in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +71.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports skyrocketed to $18M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +72.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.8 | 2.4 | 3.3 | 4.0 | 30.5% |
| Bulgaria | 1.2 | 1.1 | 2.6 | 2.9 | 34.2% |
| Germany | 2.3 | 1.4 | 2.3 | 2.6 | 4.2% |
| Slovakia | 1.6 | 2.1 | 3.0 | 2.6 | 17.6% |
| France | 0.1 | 0.3 | 0.7 | 1.8 | 162.1% |
| Hungary | 1.0 | 1.1 | 0.8 | 1.7 | 19.3% |
| Romania | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Serbia | 1.3 | N/A | N/A | 0.2 | -46.4% |
| Netherlands | 1.2 | 0.4 | 0.1 | N/A | -71.1% |
| Others | 0.6 | 1.0 | 1.0 | 1.5 | 35.7% |
| Total | 11.5 | 10.3 | 14.1 | 17.8 | 15.7% |
Top Export Markets for Winding Wire of Copper from the Czech Republic in 2022:
- Poland (869.2 tons)
- Germany (353.2 tons)
- Slovakia (342.9 tons)
- Bulgaria (264.0 tons)
- France (170.0 tons)
- Hungary (155.9 tons)
- Romania (33.8 tons)
- Serbia (24.2 tons)
- Netherlands (0.6 tons)
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