Price for Winding Wire, Other than of Copper in Azerbaijan - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Azerbaijan (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Azerbaijan (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Azerbaijan
- Exports of Winding Wire, Other than of Copper in Azerbaijan
Price for Winding Wire, Other than of Copper in Azerbaijan (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $11,884 per ton in 2022, growing by 71% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 417% against the previous year. As a result, import price attained the peak level of $21,999 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($86,184 per ton), while the price for China ($3,882 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Azerbaijan (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $1,961 per ton in 2022, reducing by -39.2% against the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs at $4,123 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($4,070 per ton), while the average price for exports to Turkey ($1,211 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Winding Wire, Other than of Copper in Azerbaijan
In 2022, supplies from abroad of winding wire, other than of coppers increased by 72% to 31 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic decline.
In value terms, imports of winding wire, other than of coppers skyrocketed to $353K in 2022. In general, imports, however, showed a pronounced setback.
| Import of Winding Wire, Other than of Copper in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 95.6 | 24.5 | 31.1 | 104 | 2.8% |
| United States | 4.4 | 5.5 | 3.4 | 61.7 | 141.1% |
| China | 242 | 150 | 46.3 | 60.5 | -37.0% |
| Germany | 8.9 | 4.5 | 14.9 | 57.3 | 86.0% |
| Italy | 0.4 | 3.9 | 5.4 | 20.5 | 271.4% |
| Latvia | N/A | 0.1 | N/A | 10.1 | 905.0% |
| South Korea | 0.1 | 16.3 | 2.2 | 7.2 | 316.0% |
| Others | 47.6 | 41.3 | 23.6 | 32.6 | -11.9% |
| Total | 399 | 246 | 127 | 353 | -4.0% |
Top Suppliers of Winding Wire, Other than of Copper to Azerbaijan in 2022:
- China (15.6 tons)
- Turkey (9.6 tons)
- Germany (2.8 tons)
- Italy (1.1 tons)
- United States (0.7 tons)
- Latvia (0.6 tons)
- South Korea (0.5 tons)
Exports of Winding Wire, Other than of Copper in Azerbaijan
In 2022, approx. 2.3 tons of winding wire, other than of coppers were exported from Azerbaijan; therefore, remained relatively stable against the previous year. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year.
In value terms, exports of winding wire, other than of coppers shrank markedly to $4.3K in 2022. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 39%. As a result, the exports reached the peak of $7.5K, and then shrank remarkably in the following year.
| Export of Winding Wire, Other than of Copper in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 5.0 | N/A | 3.3 | -18.8% |
| Singapore | N/A | N/A | N/A | 0.7 | 0% |
| Turkey | 4.4 | N/A | N/A | 0.3 | -59.1% |
| Russia | N/A | N/A | 0.8 | N/A | 0% |
| Georgia | N/A | N/A | 4.3 | N/A | 0% |
| Others | 1.6 | 0.3 | 2.3 | N/A | 19.9% |
| Total | 6.0 | 5.4 | 7.5 | 4.3 | -10.5% |
Top Export Markets for Winding Wire, Other than of Copper from Azerbaijan in 2022:
- United Kingdom (1908.0 kg)
- Turkey (251.0 kg)
- Singapore (172.0 kg)
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