Price for Winding Wire, Other than of Copper in Angola - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Angola (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Angola (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Angola
- Exports of Winding Wire, Other than of Copper in Angola
Price for Winding Wire, Other than of Copper in Angola (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $4,395 per ton in 2022, declining by -6.9% against the previous year. Over the period under review, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 95%. As a result, import price attained the peak level of $8,347 per ton. From 2017 to 2022, the average import prices remained at a 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 Norway ($27,712 per ton), while the price for India ($683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (-3.8%), while the prices for the other major suppliers experienced a decline.
Price for Winding Wire, Other than of Copper in Angola (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $9,357 per ton in 2022, surging by 154% against the previous year. Overall, the export price, however, saw a noticeable setback. The export price peaked at $12,715 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($5,883 per ton), while the average price for exports to Democratic Republic of the Congo ($341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (-1.6%), while the prices for the other major destinations experienced a decline.
Imports of Winding Wire, Other than of Copper in Angola
Imports of winding wire, other than of coppers into Angola surged to 1.7K tons in 2022, jumping by 110% against 2021 figures. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 434%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of winding wire, other than of coppers surged to $7.1M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 233%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Winding Wire, Other than of Copper in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,271 | 1,039 | 3,154 | 4,031 | 46.9% |
| Portugal | 47.5 | 18.1 | 128 | 1,856 | 239.3% |
| China | 83.8 | 37.5 | 338 | 541 | 86.2% |
| Spain | 4.4 | 4.1 | 14.3 | 174 | 240.7% |
| Lebanon | 3.6 | N/A | 44.2 | 165 | 257.9% |
| South Africa | 3.0 | 4.3 | 17.3 | 80.3 | 199.1% |
| India | 264 | 1.2 | 3.8 | 6.1 | -71.5% |
| Others | 32.8 | 41.2 | 111 | 197 | 81.8% |
| Total | 1,710 | 1,145 | 3,811 | 7,051 | 60.4% |
Top Suppliers of Winding Wire, Other than of Copper to Angola in 2022:
- China (690.2 tons)
- Portugal (616.0 tons)
- Norway (145.5 tons)
- Spain (74.1 tons)
- Lebanon (48.0 tons)
- South Africa (37.4 tons)
- India (9.0 tons)
Exports of Winding Wire, Other than of Copper in Angola
In 2022, exports of winding wire, other than of coppers from Angola declined sharply to 227 tons, shrinking by -27% against 2021. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,536%. As a result, the exports reached the peak of 310 tons, and then contracted rapidly in the following year.
In value terms, exports of winding wire, other than of coppers dropped rapidly to $1.3M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,090%. As a result, the exports reached the peak of $1.9M, and then shrank dramatically in the following year.
| Export of Winding Wire, Other than of Copper in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 26.1 | 3.7 | 1,919 | 1,282 | 266.2% |
| Mozambique | 2.5 | 0.4 | 5.4 | 10.7 | 62.4% |
| Others | 6.2 | 33.1 | 8.7 | 3.4 | -18.1% |
| Total | 34.8 | 37.3 | 1,934 | 1,296 | 233.9% |
Top Export Markets for Winding Wire, Other than of Copper from Angola in 2022:
- Namibia (217.9 tons)
- Mozambique (6.4 tons)
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