Price for Winding Wire, Other than of Copper in Panama - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Panama (FOB) - 2022
- Price for Winding Wire, Other than of Copper in Panama (CIF) - 2022
- Exports of Winding Wire, Other than of Copper in Panama
- Imports of Winding Wire, Other than of Copper in Panama
Price for Winding Wire, Other than of Copper in Panama (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $40,468 per ton in 2022, jumping by 162% against the previous year. Overall, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2014 an increase of 182% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
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 Guatemala ($51,314 per ton), while the average price for exports to Jamaica ($1,225 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 Aruba (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Winding Wire, Other than of Copper in Panama (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $5,105 per ton, waning by -34.6% against the previous year. In general, the import price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2020 an increase of 57%. As a result, import price attained the peak level of $12,541 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($10,928 per ton), while the price for Brazil ($4,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire, Other than of Copper in Panama
In 2022, exports of winding wire, other than of coppers from Panama soared to 6.7 tons, surging by 42% against the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 630% against the previous year. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of winding wire, other than of coppers soared to $232K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 247%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Winding Wire, Other than of Copper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 24.1 | 10.5 | 56.8 | 213 | 106.8% |
| Aruba | 0.8 | 62.0 | 7.6 | 13.2 | 154.6% |
| Chile | 2.2 | 5.7 | 5.5 | 1.7 | -8.2% |
| Jamaica | 1.2 | 0.6 | 0.4 | 1.5 | 7.7% |
| Grenada | 0.1 | 1.4 | N/A | 0.2 | 26.0% |
| Guyana | 0.3 | 19.3 | 0.3 | 0.1 | -30.7% |
| Barbados | 0.5 | 1.6 | N/A | N/A | 220.0% |
| Others | 1.2 | 4.4 | 2.1 | 2.1 | 20.5% |
| Total | 30.4 | 105 | 72.8 | 232 | 96.9% |
Top Export Markets for Winding Wire, Other than of Copper from Panama in 2022:
- Guatemala (4148.0 kg)
- Jamaica (1233.0 kg)
- Aruba (875.0 kg)
- Chile (208.0 kg)
- Grenada (133.0 kg)
- Guyana (64.0 kg)
- Barbados (7.0 kg)
Imports of Winding Wire, Other than of Copper in Panama
In 2022, overseas purchases of winding wire, other than of coppers were finally on the rise to reach 27 tons after two years of decline. Overall, imports, however, recorded a precipitous shrinkage.
In value terms, imports of winding wire, other than of coppers reached $143K in 2022. Over the period under review, imports, however, recorded a dramatic curtailment.
| Import of Winding Wire, Other than of Copper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 431 | 178 | 8.4 | 63.8 | -47.1% |
| United States | 36.8 | 33.3 | 94.3 | 30.7 | -5.9% |
| Brazil | N/A | N/A | N/A | 22.8 | 0% |
| Colombia | 11.9 | 16.6 | 6.5 | 18.6 | 16.1% |
| Free Zones | 5.9 | 28.7 | 32.3 | 7.1 | 6.4% |
| France | 92.3 | N/A | N/A | N/A | 0% |
| Chile | 23.2 | N/A | N/A | N/A | 0% |
| Turkey | 74.0 | N/A | N/A | N/A | 0% |
| Others | 63.0 | 92.5 | 1.3 | 0.1 | -88.3% |
| Total | 738 | 349 | 143 | 143 | -42.1% |
Top Suppliers of Winding Wire, Other than of Copper to Panama in 2022:
- China (13.7 tons)
- Brazil (5.3 tons)
- United States (4.5 tons)
- Colombia (3.3 tons)
- Free Zones (0.7 tons)
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