Price for Winding Wire, Other than of Copper in Ethiopia - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Ethiopia (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Ethiopia (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Ethiopia
- Exports of Winding Wire, Other than of Copper in Ethiopia
Price for Winding Wire, Other than of Copper in Ethiopia (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $8,977 per ton, picking up by 166% against the previous year. Overall, the import price continues to indicate a notable expansion. Over the period under review, average import prices attained the maximum at $9,999 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($18,937 per ton), while the price for China ($3,528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%), while the prices for the other major suppliers experienced a decline.
Price for Winding Wire, Other than of Copper in Ethiopia (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $5,941 per ton in 2022, growing by 81% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The export price peaked at $14,966 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Djibouti.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +22.4% per year.
Imports of Winding Wire, Other than of Copper in Ethiopia
In 2022, imports of winding wire, other than of coppers into Ethiopia totaled 1.5K tons, rising by 11% against 2021. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 3,025% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of winding wire, other than of coppers skyrocketed to $6.3M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,972% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Winding Wire, Other than of Copper in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 291 | 150 | 3,209 | 5,040 | 158.7% |
Turkey | 17.2 | 25.7 | 42.5 | 555 | 218.4% |
Italy | 20.7 | 10.8 | 522 | 183 | 106.8% |
India | 17.1 | 12.3 | 210 | 154 | 108.1% |
Others | 275 | 30.9 | 784 | 324 | 5.6% |
Total | 621 | 230 | 4,767 | 6,255 | 116.0% |
Top Suppliers of Winding Wire, Other than of Copper to Ethiopia in 2022:
- China (1428.4 tons)
- Turkey (29.3 tons)
- India (28.4 tons)
- Italy (14.6 tons)
Exports of Winding Wire, Other than of Copper in Ethiopia
In 2022, shipments abroad of winding wire, other than of coppers was finally on the rise to reach 5.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic descent.
In value terms, exports of winding wire, other than of coppers skyrocketed to $66K in 2022. In general, exports, however, recorded a pronounced curtailment.
Export of Winding Wire, Other than of Copper in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Djibouti | N/A | N/A | N/A | 64.0 | 0% |
China | 70.9 | 34.7 | N/A | N/A | -51.1% |
Germany | 3.3 | N/A | N/A | N/A | 0% |
Others | 3.1 | 6.8 | 2.5 | 2.5 | -6.9% |
Total | 77.3 | 41.5 | 2.5 | 66.4 | -4.9% |
Top Export Markets for Winding Wire, Other than of Copper from Ethiopia in 2022:
- Djibouti (5.5 tons)
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