Price for Winding Wire, Other than of Copper in Denmark - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Denmark (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Denmark (FOB) - 2024
- Imports of Winding Wire, Other than of Copper in Denmark
- Exports of Winding Wire, Other than of Copper in Denmark
Price for Winding Wire, Other than of Copper in Denmark (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $97,659 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 97%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($608,458 per ton), while the price for Italy ($16,632 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+56.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Denmark (FOB) - 2024
In January 2024, the average export price for winding wire, other than of coppers amounted to $36,688 per ton, which is down by -69.1% against the previous month. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 544% m-o-m. As a result, the export price reached the peak level of $175K per ton. From June 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($194K per ton), while the average price for exports to Faroe Islands ($4,511 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Denmark
Imports of winding wire, other than of coppers into Denmark surged to 31 tons in 2022, jumping by 42% on 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of winding wire, other than of coppers soared to $3M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. 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 Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.7 | 12.1 | 125 | 1,145 | 327.1% |
| Switzerland | 577 | 544 | 645 | 1,072 | 22.9% |
| Italy | 33.8 | 7.1 | 1.4 | 182 | 75.3% |
| China | 167 | 46.4 | 115 | 156 | -2.2% |
| Norway | 114 | 76.0 | 61.7 | 79.1 | -11.5% |
| Sweden | 134 | 207 | 482 | 76.0 | -17.2% |
| United States | 34.0 | 79.8 | 92.9 | 40.0 | 5.6% |
| Netherlands | 5.1 | 12.8 | 24.6 | 34.2 | 88.6% |
| United Kingdom | 25.7 | 26.5 | 35.5 | 26.0 | 0.4% |
| Belgium | 22.4 | 24.9 | 29.0 | 24.4 | 2.9% |
| Poland | 17.7 | 29.2 | 3.4 | 0.9 | -63.0% |
| Others | 151 | 100 | 373 | 207 | 11.1% |
| Total | 1,296 | 1,166 | 1,989 | 3,042 | 32.9% |
Top Suppliers of Winding Wire, Other than of Copper to Denmark in 2022:
- Italy (11.0 tons)
- China (6.6 tons)
- Germany (2.7 tons)
- Norway (2.4 tons)
- Sweden (1.9 tons)
- Switzerland (1.8 tons)
- Netherlands (1.2 tons)
- Belgium (0.7 tons)
- United Kingdom (0.4 tons)
- United States (0.3 tons)
Exports of Winding Wire, Other than of Copper in Denmark
Exports of winding wire, other than of coppers from Denmark surged to 25 tons in 2022, with an increase of 20% on the previous year's figure. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of winding wire, other than of coppers soared to $2.1M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 26.7 | 5.9 | 361 | 301.0% |
| Vietnam | 474 | 651 | 295 | 315 | -12.7% |
| United Kingdom | 0.8 | 10.5 | 54.8 | 275 | 600.5% |
| Norway | 122 | 81.0 | 201 | 145 | 5.9% |
| Poland | 4.8 | 4.3 | 45.3 | 131 | 201.1% |
| Switzerland | 14.5 | 2.5 | 161 | 128 | 106.7% |
| Faroe Islands | 0.1 | 10.0 | 111 | 127 | 982.9% |
| United States | 16.1 | 208 | 14.6 | 84.2 | 73.6% |
| Sweden | N/A | N/A | N/A | 37.6 | 0% |
| South Korea | 6.5 | 0.1 | 63.9 | 35.9 | 76.8% |
| Others | 415 | 397 | 141 | 422 | 0.6% |
| Total | 1,060 | 1,391 | 1,094 | 2,062 | 24.8% |
Top Export Markets for Winding Wire, Other than of Copper from Denmark in 2022:
- Faroe Islands (5.3 tons)
- Germany (5.0 tons)
- Norway (3.8 tons)
- United Kingdom (3.5 tons)
- Switzerland (1.7 tons)
- United States (1.0 tons)
- Poland (0.9 tons)
- Sweden (0.7 tons)
- Vietnam (0.4 tons)
- South Korea (0.4 tons)
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