Price for Winding Wire, Other than of Copper in Hungary - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Hungary (CIF) - 2024
- Price for Winding Wire, Other than of Copper in Hungary (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Hungary
- Exports of Winding Wire, Other than of Copper in Hungary
Price for Winding Wire, Other than of Copper in Hungary (CIF) - 2024
In January 2024, the average import price for winding wire, other than of coppers amounted to $6,282 per ton, with a decrease of -14.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2023 an increase of 18% against the previous month. As a result, import price attained the peak level of $7,320 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was China ($35,185 per ton), while the price for the UK ($8,949 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Hungary (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $41,837 per ton, dropping by -42.2% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 341% against the previous year. As a result, the export price attained the peak level of $72,441 per ton, and then shrank significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($96,284 per ton), while the average price for exports to Austria ($6,178 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 Slovakia (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Hungary
In 2022, imports of winding wire, other than of coppers into Hungary skyrocketed to 2.1K tons, increasing by 18% compared with the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of winding wire, other than of coppers surged to $13M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Winding Wire, Other than of Copper in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.7 | 2.7 | 4.0 | 3.2 | -4.7% |
| Sweden | 1.3 | 0.2 | 1.6 | 3.1 | 33.6% |
| Slovakia | 0.8 | 0.1 | 0.8 | 2.8 | 51.8% |
| Spain | 0.5 | 1.8 | 1.8 | 2.4 | 68.7% |
| Poland | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Germany | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Total | 7.0 | 5.2 | 9.0 | 12.5 | 21.3% |
Top Suppliers of Winding Wire, Other than of Copper to Hungary in 2022:
- Italy (563.7 tons)
- Sweden (545.7 tons)
- Slovakia (481.9 tons)
- Spain (424.5 tons)
- Poland (41.5 tons)
- Germany (35.9 tons)
Exports of Winding Wire, Other than of Copper in Hungary
Exports of winding wire, other than of coppers from Hungary fell rapidly to 4.9 tons in 2022, declining by -34.7% compared with 2021. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 52%.
In value terms, exports of winding wire, other than of coppers fell dramatically to $206K in 2022. In general, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 204%.
| Export of Winding Wire, Other than of Copper in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 252 | 81.3 | 272 | 137 | -18.4% |
| Romania | 22.6 | 1.9 | 18.6 | 28.7 | 8.3% |
| United Kingdom | 7.7 | 3.0 | 56.3 | 10.0 | 9.1% |
| Austria | 10.0 | N/A | 0.3 | 10.0 | 0.0% |
| Slovakia | 48.0 | 0.3 | 5.0 | 6.5 | -48.6% |
| Turkey | 60.8 | 1.5 | N/A | N/A | -97.5% |
| Ukraine | N/A | 9.2 | N/A | N/A | 0% |
| Others | 21.1 | 24.6 | 18.2 | 13.8 | -13.2% |
| Total | 423 | 122 | 370 | 206 | -21.3% |
Top Export Markets for Winding Wire, Other than of Copper from Hungary in 2022:
- Italy (1649.0 kg)
- Austria (1614.0 kg)
- Romania (1361.0 kg)
- United Kingdom (140.0 kg)
- Slovakia (67.0 kg)
674
This report provides an in-depth analysis of the wire and cable market in Hungary.
395
This report provides an in-depth analysis of the winding wire market in Hungary.
760
This report provides an in-depth analysis of the optical fiber cables market in Hungary.
265
This report provides an in-depth analysis of the insulated coaxial cable market in Hungary.
284
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Hungary.
390
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Hungary.
222
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Hungary.
5987
This report provides an in-depth analysis of the global wire and cable market.
852
This report provides an in-depth analysis of the global winding wire market.
3742
This report provides an in-depth analysis of the global optical fiber cables market.
932
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
984
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12768
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
2203
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
31
Explore the top import markets for winding wire in 2023, including the United States, Japan, Germany, and more. Learn about the key statistics and trends driving the global trade of this essential product.
132
The global market for optical fiber cables is projected to experience continuous growth over the next seven years, driven by increasing demand worldwide. With an anticipated CAGR of +3.9% in volume and +5.7% in value, the market is expected to reach 2.2M tons and $29.6B by the end of 2030 respectively.
511
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
1054
As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables. In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.
975
The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...
489
The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close
