Price for Winding Wire, Other than of Copper in Italy - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Italy (FOB) - 2024
- Price for Winding Wire, Other than of Copper in Italy (CIF) - 2024
- Exports of Winding Wire, Other than of Copper in Italy
- Imports of Winding Wire, Other than of Copper in Italy
Price for Winding Wire, Other than of Copper in Italy (FOB) - 2024
In January 2024, the average export price for winding wire, other than of coppers amounted to $13,716 per ton, falling by -8.2% against the previous month. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in April 2023 an increase of 38% month-to-month. Over the period under review, the average export prices attained the maximum at $27,594 per ton in June 2023; however, from July 2023 to January 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($46,258 per ton), while the average price for exports to Norway ($7,701 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 Slovakia (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Italy (CIF) - 2024
The average import price for winding wire, other than of coppers stood at $6,981 per ton in January 2024, increasing by 25% against the previous month. Overall, the import price, however, recorded a noticeable decrease. The growth pace was the most rapid in October 2023 an increase of 66% month-to-month. The import price peaked at $11,105 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($29,710 per ton), while the price for China ($5,410 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 Spain (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire, Other than of Copper in Italy
In 2022, approx. 5.2K tons of winding wire, other than of coppers were exported from Italy; waning by -4.4% on the year before. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of 5.5K tons, and then declined in the following year.
In value terms, exports of winding wire, other than of coppers stood at $57M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 18.1 | 19.0 | 17.0 | 10.3 | -17.1% |
| Hungary | 5.3 | 5.1 | 5.9 | 6.0 | 4.2% |
| Germany | 1.9 | 1.3 | 3.5 | 5.5 | 42.5% |
| Poland | 1.0 | 1.1 | 3.5 | 4.4 | 63.9% |
| Croatia | 1.9 | 1.4 | 3.2 | 4.0 | 28.2% |
| Austria | 2.0 | 1.7 | 2.7 | 2.6 | 9.1% |
| Spain | 1.3 | 1.4 | 1.6 | 2.5 | 24.4% |
| Norway | 1.7 | 1.4 | 2.2 | 2.2 | 9.0% |
| Jamaica | 2.2 | 1.0 | 1.5 | 2.0 | -3.1% |
| Turkey | 0.3 | 0.3 | 0.1 | 1.8 | 81.7% |
| Slovakia | 2.1 | 1.5 | 2.1 | 1.7 | -6.8% |
| Czech Republic | 0.4 | 0.3 | 0.7 | 1.2 | 44.2% |
| Libya | 0.5 | 0.4 | 0.9 | 0.9 | 21.6% |
| Others | 10.1 | 10.7 | 12.0 | 12.1 | 6.2% |
| Total | 48.6 | 46.5 | 56.8 | 57.2 | 5.6% |
Top Export Markets for Winding Wire, Other than of Copper from Italy in 2022:
- Tunisia (714.1 tons)
- Hungary (694.4 tons)
- Croatia (653.9 tons)
- Poland (379.0 tons)
- Slovakia (368.7 tons)
- Norway (330.2 tons)
- Spain (313.5 tons)
- Turkey (302.6 tons)
- Germany (251.4 tons)
- Austria (233.6 tons)
- Jamaica (231.4 tons)
- Libya (120.2 tons)
- Czech Republic (89.8 tons)
Imports of Winding Wire, Other than of Copper in Italy
Imports of winding wire, other than of coppers into Italy shrank to 3.8K tons in 2022, which is down by -4.5% compared with the previous year. Over the period under review, imports saw a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 14%.
In value terms, imports of winding wire, other than of coppers skyrocketed to $36M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Winding Wire, Other than of Copper in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 5.9 | 6.8 | 8.1 | 1.3% |
| Germany | 0.6 | 0.3 | 0.5 | 6.6 | 122.4% |
| Spain | 3.0 | 2.2 | 3.4 | 6.6 | 30.1% |
| Slovakia | 0.7 | 0.9 | 1.5 | 2.3 | 48.7% |
| Sweden | 0.8 | 0.7 | 1.1 | 1.2 | 14.5% |
| Belarus | 0.4 | 0.6 | 0.9 | 0.7 | 20.5% |
| Turkey | 0.6 | 0.2 | 0.6 | 0.5 | -5.9% |
| Tunisia | 7.3 | 3.8 | 2.8 | 0.3 | -65.5% |
| Bulgaria | N/A | 2.9 | 1.5 | 0.1 | -81.4% |
| Others | 8.0 | 5.8 | 6.7 | 9.5 | 5.9% |
| Total | 29.2 | 23.3 | 25.8 | 36.0 | 7.2% |
Top Suppliers of Winding Wire, Other than of Copper to Italy in 2022:
- China (1327.5 tons)
- Spain (863.3 tons)
- Slovakia (465.0 tons)
- Sweden (416.1 tons)
- Germany (225.3 tons)
- Belarus (104.8 tons)
- Turkey (70.2 tons)
- Bulgaria (45.8 tons)
- Tunisia (25.9 tons)
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