Price for Winding Wire of Copper in Uzbekistan - 2023
Contents:
- Price for Winding Wire of Copper in Uzbekistan (FOB) - 2023
- Price for Winding Wire of Copper in Uzbekistan (CIF) - 2022
- Exports of Winding Wire of Copper in Uzbekistan
- Imports of Winding Wire of Copper in Uzbekistan
Price for Winding Wire of Copper in Uzbekistan (FOB) - 2023
The average winding wire of copper export price stood at $8,574 per ton in May 2023, almost unchanged from the previous month. Overall, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in January 2023 an increase of 25% m-o-m. Over the period under review, the average export prices attained the maximum at $10,894 per ton in May 2022; however, from June 2022 to May 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In May 2023, the countries with the highest prices were Kazakhstan ($9,974 per ton) and Tajikistan ($9,773 per ton), while the average price for exports to Turkey ($8,349 per ton) and Turkmenistan ($9,667 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Winding Wire of Copper in Uzbekistan (CIF) - 2022
The average winding wire of copper import price stood at $9,042 per ton in 2022, with an increase of 17% against the previous year. Overall, the import price, however, showed a deep downturn. Over the period under review, average import prices attained the peak figure at $13,674 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 South Korea ($15,225 per ton), while the price for Turkey ($5,974 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Winding Wire of Copper in Uzbekistan
In 2022, winding wire of copper exports from Uzbekistan surged to 1.2K tons, rising by 21% against the year before. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 151%. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, winding wire of copper exports dropped to $9.6M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 156%. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Winding Wire of Copper in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.9 | 7.8 | 8.0 | 8.1 | 40.8% |
| Kazakhstan | N/A | N/A | 0.3 | 1.1 | 266.7% |
| Turkmenistan | 0.2 | 0.8 | 0.4 | 0.3 | 14.5% |
| Georgia | 0.5 | 1.6 | 0.7 | N/A | 18.3% |
| Ukraine | 1.1 | 2.1 | 1.5 | N/A | 16.8% |
| Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Total | 4.8 | 12.3 | 10.8 | 9.6 | 26.0% |
Top Export Markets for Winding Wire of Copper from Uzbekistan in 2022:
- Turkey (1037.9 tons)
- Kazakhstan (105.2 tons)
- Turkmenistan (29.9 tons)
Imports of Winding Wire of Copper in Uzbekistan
In 2022, approx. 39 tons of winding wire of coppers were imported into Uzbekistan; surging by 205% on the previous year. Over the period under review, imports showed a significant increase.
In value terms, winding wire of copper imports surged to $355K in 2022. In general, imports continue to indicate a significant expansion.
| Import of Winding Wire of Copper in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.4 | 49.6 | 52.0 | 217 | 44.9% |
| Russia | 42.9 | 100 | 7.1 | 89.9 | 28.0% |
| Turkey | 1.4 | 3.5 | 3.9 | 24.6 | 160.0% |
| South Korea | 5.6 | 16.4 | 10.9 | 16.4 | 43.1% |
| Ukraine | N/A | 230 | N/A | N/A | 0% |
| Others | 48.0 | 45.5 | 25.8 | 6.9 | -47.6% |
| Total | 169 | 445 | 99.6 | 355 | 28.1% |
Top Suppliers of Winding Wire of Copper to Uzbekistan in 2022:
- China (22.4 tons)
- Russia (11.2 tons)
- Turkey (4.1 tons)
- South Korea (1.1 tons)
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