Price for Winding Wire, Other than of Copper in Egypt - 2022

Contents:

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

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

The average import price for winding wire, other than of coppers stood at $41,715 per ton in 2022, surging by 9.7% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 28%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($415,839 per ton), while the price for Thailand ($1,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for winding wire, other than of coppers stood at $1,097 per ton in 2022, waning by -12.5% against the previous year. In general, the export price recorded a dramatic decline. The pace of growth was the most pronounced in 2017 when the average export price decreased by -12.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,041 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($2,696 per ton), while the average price for exports to Libya ($324 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 United Arab Emirates (-10.1%), while the prices for the other major destinations experienced a decline.

Imports of Winding Wire, Other than of Copper in Egypt

Imports of winding wire, other than of coppers into Egypt skyrocketed to 293 tons in 2022, growing by 148% against 2021 figures. Overall, imports, however, saw a sharp slump.

In value terms, imports of winding wire, other than of coppers surged to $8.1M in 2022. Over the period under review, imports, however, faced a sharp curtailment.

Import of Winding Wire, Other than of Copper in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey8244183262,49444.7%
China4,3027551,3431,942-23.3%
India56913.52251,00320.8%
Russia3.00.849.11,000593.4%
Germany2,293516265313-48.5%
Italy70784.5123127-43.6%
United States3,627399218106-69.2%
Thailand207N/A2.426.6-49.5%
Others6,5841,7631,6441,115-44.7%
Total19,1163,9494,1958,126-24.8%

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

  1. India (137.8 tons)
  2. Turkey (88.4 tons)
  3. Thailand (25.8 tons)
  4. China (23.4 tons)
  5. Italy (6.1 tons)
  6. Russia (4.8 tons)
  7. Germany (3.3 tons)
  8. United States (0.2 tons)

Exports of Winding Wire, Other than of Copper in Egypt

Exports of winding wire, other than of coppers from Egypt skyrocketed to 2K tons in 2022, rising by 11,658% compared with the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of winding wire, other than of coppers surged to $2.3M in 2022. Overall, exports recorded a significant expansion. 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/AN/AN/A1,1390%
LebanonN/AN/AN/A6990%
IrelandN/AN/AN/A2740%
AlgeriaN/AN/A0.612520733.3%
QatarN/AN/AN/A44.50%
LibyaN/AN/AN/A36.90%
United KingdomN/A53.81.30.1-95.7%
Others1.526.227.128.0165.3%
Total1.579.929.02,3461060.8%

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

  1. Kuwait (957.9 tons)
  2. Lebanon (588.1 tons)
  3. Ireland (230.6 tons)
  4. Libya (114.2 tons)
  5. Algeria (46.2 tons)
  6. Qatar (37.4 tons)
  7. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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