Price for Winding Wire, Other than of Copper in Australia - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Australia (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Australia (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Australia
- Exports of Winding Wire, Other than of Copper in Australia
Price for Winding Wire, Other than of Copper in Australia (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $5,790 per ton, picking up by 9.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 24%. The import price peaked at $5,866 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($6,890 per ton), while the price for China totaled $5,282 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%).
Price for Winding Wire, Other than of Copper in Australia (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $11,218 per ton in 2022, increasing by 28% against the previous year. Overall, the export price continues to indicate a measured increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 179%. The export price peaked at $11,925 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($101,126 per ton), while the average price for exports to New Zealand ($7,490 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 India (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Australia
In 2022, after three years of growth, there was significant decline in supplies from abroad of winding wire, other than of coppers, when their volume decreased by -6.9% to 1.2K tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year.
In value terms, imports of winding wire, other than of coppers reached $6.8M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 46%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Winding Wire, Other than of Copper in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 4.5 | 6.0 | 6.0 | 27.4% |
| South Korea | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | 0.7 | 0.7 | 0.7 | 0.6 | -5.0% |
| Total | 3.6 | 5.3 | 6.7 | 6.8 | 23.6% |
Top Suppliers of Winding Wire, Other than of Copper to Australia in 2022:
- China (1134.1 tons)
- South Korea (23.3 tons)
Exports of Winding Wire, Other than of Copper in Australia
Exports of winding wire, other than of coppers from Australia dropped sharply to 59 tons in 2022, reducing by -82.2% compared with the previous year's figure. Overall, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 131%. As a result, the exports attained the peak of 330 tons, and then contracted remarkably in the following year.
In value terms, exports of winding wire, other than of coppers reduced sharply to $1.1M in 2022. In general, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 80%. As a result, the exports attained the peak of $2.9M, and then declined markedly in the following year.
| Export of Winding Wire, Other than of Copper in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.2 | 28.8 | 59.0 | 462 | 205.5% |
| New Zealand | 595 | 185 | 1,648 | 192 | -31.4% |
| Singapore | 10.8 | 23.1 | N/A | 155 | 143.0% |
| Sweden | N/A | N/A | N/A | 49.9 | 0% |
| Papua New Guinea | 564 | 674 | 92.3 | 47.1 | -56.3% |
| Philippines | 29.6 | 5.1 | 4.0 | 34.9 | 5.6% |
| Indonesia | 6.0 | N/A | 33.8 | 25.8 | 62.6% |
| Fiji | 35.5 | 29.8 | 63.6 | 1.5 | -65.2% |
| Vietnam | 408 | 3.6 | 182 | 0.2 | -92.1% |
| Cote d'Ivoire | 193 | 191 | N/A | N/A | -1.0% |
| Timor-Leste | 55.6 | 38.5 | N/A | N/A | -30.8% |
| Others | 424 | 410 | 780 | 137 | -31.4% |
| Total | 2,338 | 1,590 | 2,862 | 1,105 | -22.1% |
Top Export Markets for Winding Wire, Other than of Copper from Australia in 2022:
- New Zealand (25.7 tons)
- United States (14.5 tons)
- Sweden (5.0 tons)
- Papua New Guinea (4.4 tons)
- Philippines (2.0 tons)
- Indonesia (1.6 tons)
- Singapore (1.5 tons)
- Fiji (0.3 tons)
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