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

Contents:

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

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

The average import price for winding wire, other than of coppers stood at $4,852 per ton in 2022, increasing by 56% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. Over the period under review, average import prices reached the maximum at $16,104 per ton in 2013; however, from 2014 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 Japan ($6,646 per ton), while the price for China ($3,671 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for winding wire, other than of coppers stood at $2,353 per ton in 2022, with a decrease of -95.6% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 573% against the previous year. As a result, the export price attained the peak level of $73,271 per ton. From 2021 to 2022, the average export prices remained 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 Bolivia ($8,658 per ton), while the average price for exports to Germany ($2,181 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 Peru (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Winding Wire, Other than of Copper in Chile

In 2022, after three years of growth, there was decline in purchases abroad of winding wire, other than of coppers, when their volume decreased by -4.8% to 343 tons. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year.

In value terms, imports of winding wire, other than of coppers dropped remarkably to $1.6M in 2022. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of $2.3M, and then contracted remarkably in the following year.

Import of Winding Wire, Other than of Copper in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7821,0971,1209587.0%
Brazil1.9107160520549.3%
Japan6.615.21294.4-12.6%
Others231198914142-15.0%
Total1,0211,4172,3241,62416.7%

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

  1. China (260.9 tons)
  2. Brazil (78.9 tons)
  3. Japan (0.7 tons)

Exports of Winding Wire, Other than of Copper in Chile

In 2022, overseas shipments of winding wire, other than of coppers decreased by -7.3% to 49 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. As a result, the exports attained the peak of 53 tons, and then dropped in the following year.

In value terms, exports of winding wire, other than of coppers dropped markedly to $372K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 159%. As a result, the exports reached the peak of $537K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Winding Wire, Other than of Copper in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.3380240294893.3%
ParaguayN/A90.490.649.2-26.2%
PeruN/A13.395.015.16.6%
MexicoN/AN/AN/A9.20%
GermanyN/AN/A10.91.9-82.6%
India204N/AN/AN/A0%
Others2.453.510.52.40.0%
Total20753744737221.6%

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

  1. Bolivia (34.0 tons)
  2. Paraguay (10.0 tons)
  3. Peru (2.4 tons)
  4. Mexico (2.1 tons)
  5. Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform

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