Price for Winding Wire, Other than of Copper in Belgium - 2024

Contents:

  1. Price for Winding Wire, Other than of Copper in Belgium (FOB) - 2022
  2. Price for Winding Wire, Other than of Copper in Belgium (CIF) - 2022
  3. Exports of Winding Wire, Other than of Copper in Belgium
  4. Imports of Winding Wire, Other than of Copper in Belgium

Price for Winding Wire, Other than of Copper in Belgium (FOB) - 2022

The average export price for winding wire, other than of coppers stood at $70,231 per ton in 2022, picking up by 251% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($88,407 per ton), while the average price for exports to Norway ($10,820 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 the Netherlands (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Winding Wire, Other than of Copper in Belgium (CIF) - 2022

In 2022, the average import price for winding wire, other than of coppers amounted to $16,176 per ton, picking up by 17% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 576% against the previous year. Over the period under review, average import prices reached the peak figure at $51,523 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United States ($92,682 per ton), while the price for Japan ($4,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Winding Wire, Other than of Copper in Belgium

In 2022, overseas shipments of winding wire, other than of coppers decreased by -72.7% to 131 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 501 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of winding wire, other than of coppers fell to $8.8M in 2022. The total export value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year.

Export of Winding Wire, Other than of Copper in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5,8057,3338,5277,79710.3%
Germany1912862792296.2%
Australia12.01.50.2190151.1%
Czech Republic0.12.710.0116950.7%
France57.959.716886.814.4%
Italy1.718.241.741.6190.3%
Poland7.923.438.524.345.4%
Denmark0.123.321.824.0521.4%
Norway0.913.573.821.8189.3%
Others263543491237-3.4%
Total6,3398,3039,6538,76811.4%

Top Export Markets for Winding Wire, Other than of Copper from Belgium in 2022:

  1. Netherlands (88.2 tons)
  2. Germany (7.0 tons)
  3. Czech Republic (6.2 tons)
  4. Australia (5.9 tons)
  5. France (4.8 tons)
  6. Italy (2.5 tons)
  7. Poland (2.1 tons)
  8. Denmark (2.0 tons)
  9. Norway (2.0 tons)

Imports of Winding Wire, Other than of Copper in Belgium

In 2022, imports of winding wire, other than of coppers into Belgium soared to 281 tons, jumping by 40% on the previous year. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of winding wire, other than of coppers contracted modestly to $4.9M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. As a result, imports reached the peak of $5.1M, and then contracted modestly in the following year.

Import of Winding Wire, Other than of Copper in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France63.861.01221,256170.0%
China16748458489675.1%
Germany14516767.666466.1%
Italy27.7203367629183.2%
Denmark2431.389.460735.7%
United States7471,0713,086266-29.1%
Netherlands2102293552181.3%
Japan66.712215182.87.5%
Others2434533142865.6%
Total1,9132,7915,1354,90636.9%

Top Suppliers of Winding Wire, Other than of Copper to Belgium in 2022:

  1. China (93.0 tons)
  2. France (54.6 tons)
  3. Germany (49.2 tons)
  4. Denmark (25.3 tons)
  5. Japan (20.2 tons)
  6. Netherlands (15.4 tons)
  7. Italy (10.4 tons)
  8. United States (2.9 tons)

Source: IndexBox Market Intelligence Platform

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