Price for Winding Wire of Copper in the Netherlands - 2023

Contents:

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

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

In June 2023, the average winding wire of copper import price amounted to $25,696 per ton, surging by 13% against the previous month. Over the period under review, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in March 2023 an increase of 87% against the previous month. As a result, import price reached the peak level of $28,556 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($36,700 per ton), while the price for Greece ($12,360 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 China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In June 2023, the average winding wire of copper export price amounted to $8,975 per ton, shrinking by -4.6% against the previous month. Over the period under review, the export price continues to indicate a mild setback. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices hit record highs at $10,689 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was France ($27,611 per ton), while the average price for exports to Germany ($5,059 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 France (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire of Copper in the Netherlands

In 2022, imports of winding wire of coppers into the Netherlands declined rapidly to 4.4K tons, which is down by -36.4% compared with the previous year's figure. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of 6.9K tons, and then reduced sharply in the following year.

In value terms, winding wire of copper imports declined sharply to $42M in 2022. Over the period under review, imports recorded a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of $78M, and then contracted rapidly in the following year.

Import of Winding Wire of Copper in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.424.728.321.2-1.8%
France3.22.84.15.620.5%
Hong Kong SAR0.10.228.63.1214.1%
Belgium1.42.24.62.318.0%
Greece1.71.51.82.17.3%
China0.20.81.11.7104.1%
Italy3.74.42.30.4-52.4%
Spain2.21.21.80.2-55.0%
Austria4.30.20.10.1-71.5%
Others4.35.95.25.58.6%
Total43.543.777.942.1-1.1%

Top Suppliers of Winding Wire of Copper to the Netherlands in 2022:

  1. Germany (2795.0 tons)
  2. Belgium (568.7 tons)
  3. France (360.2 tons)
  4. Greece (193.9 tons)
  5. Hong Kong SAR (138.2 tons)
  6. China (71.9 tons)
  7. Italy (32.5 tons)
  8. Spain (13.6 tons)
  9. Austria (5.8 tons)

Exports of Winding Wire of Copper in the Netherlands

In 2022, approx. 4.2K tons of winding wire of coppers were exported from the Netherlands; increasing by 25% compared with 2021 figures. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 shrank to $45M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 31%. As a result, the exports attained the peak of $48M, and then contracted in the following year.

Export of Winding Wire of Copper in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.86.110.09.110.2%
Germany4.46.25.66.111.5%
France3.62.94.34.14.4%
Poland0.20.11.23.5159.6%
Turkey0.46.32.93.095.7%
Spain2.01.42.43.014.5%
China0.20.61.42.1119.0%
BulgariaN/A0.72.72.069.0%
Lebanon0.80.61.81.831.0%
United Kingdom4.34.14.91.1-36.5%
Italy1.30.41.20.6-22.7%
Portugal1.80.2N/A0.4-39.4%
Austria1.20.10.20.2-45.0%
Others3.66.79.07.929.9%
Total30.736.547.745.013.6%

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

  1. Germany (1210.4 tons)
  2. Belgium (936.6 tons)
  3. Spain (451.5 tons)
  4. France (347.6 tons)
  5. Turkey (272.5 tons)
  6. Lebanon (164.4 tons)
  7. China (105.7 tons)
  8. Poland (84.6 tons)
  9. Italy (82.4 tons)
  10. Bulgaria (76.7 tons)
  11. Portugal (40.9 tons)
  12. United Kingdom (38.7 tons)
  13. Austria (21.6 tons)

Source: IndexBox Market Intelligence Platform

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