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

Contents:

  1. Price for Winding Wire, Other than of Copper in Ireland (CIF) - 2024
  2. Price for Winding Wire, Other than of Copper in Ireland (FOB) - 2022
  3. Imports of Winding Wire, Other than of Copper in Ireland
  4. Exports of Winding Wire, Other than of Copper in Ireland

Price for Winding Wire, Other than of Copper in Ireland (CIF) - 2024

The average import price for winding wire, other than of coppers stood at $7,121 per ton in January 2024, remaining constant against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 854% m-o-m. Over the period under review, average import prices reached the maximum at $8,162 per ton in November 2023; however, from December 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Switzerland ($1.5M per ton), while the price for Turkey ($9,136 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 China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for winding wire, other than of coppers stood at $30,792 per ton in 2022, which is down by -52.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 173% against the previous year. The export price peaked at $116,171 per ton in 2020; however, from 2021 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 Australia ($179,362 per ton), while the average price for exports to China ($10,236 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 Hong Kong SAR (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire, Other than of Copper in Ireland

For the fourth year in a row, Ireland recorded growth in overseas purchases of winding wire, other than of coppers, which increased by 1.2% to 1.6K tons in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 123%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of winding wire, other than of coppers rose to $6.3M in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 92%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Winding Wire, Other than of Copper in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,4821,2353,2423,35031.2%
Italy0.53485771,1631225.0%
France14131865144046.1%
China14385.665.6133-2.4%
United Kingdom30222714380.2-35.7%
Finland34.5N/A36.174.829.4%
Turkey52.762.297.938.4-10.0%
Others5609061,3101,06123.7%
Total2,7173,1816,1226,34232.7%

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

  1. Spain (987.0 tons)
  2. Italy (299.0 tons)
  3. France (122.6 tons)
  4. Finland (61.0 tons)
  5. China (34.6 tons)
  6. Turkey (21.0 tons)
  7. United Kingdom (14.6 tons)

Exports of Winding Wire, Other than of Copper in Ireland

Exports of winding wire, other than of coppers from Ireland soared to 10 tons in 2022, with an increase of 229% against the year before. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of winding wire, other than of coppers skyrocketed to $542K in 2022. Over the period under review, exports enjoyed a strong 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia29.21.3N/A16076.3%
United Arab Emirates1.30.80.1114344.3%
United Kingdom30.284.824.699.748.9%
France88.43.72.649.8-17.4%
Germany55.43.64.429.7-18.8%
Spain8.1N/A0.521.538.5%
ChinaN/AN/A1.514.8886.7%
United States10.41.564.114.712.2%
Netherlands20.45.13.59.7-21.9%
Sweden20.26.711.77.5-28.1%
Switzerland6.729.014.4N/A46.6%
Austria1.71.032.7N/A338.6%
Others82.722.628.720.2-37.5%
Total35516018954215.1%

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

  1. United Arab Emirates (3280.0 kg)
  2. United Kingdom (1906.0 kg)
  3. China (1444.0 kg)
  4. France (926.0 kg)
  5. Australia (894.0 kg)
  6. United States (290.0 kg)
  7. Spain (286.0 kg)
  8. Germany (220.0 kg)
  9. Netherlands (214.0 kg)
  10. Sweden (86.0 kg)
  11. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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