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

Contents:

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

Price for Winding Wire, Other than of Copper in Paraguay (CIF) - 2022

In 2022, the average import price for winding wire, other than of coppers amounted to $4,583 per ton, remaining relatively unchanged against the previous year. In general, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $6,521 per ton in 2012; however, from 2013 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 Thailand ($10,003 per ton), while the price for India ($3,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for winding wire, other than of coppers amounted to $7,139 per ton, rising by 1,070% against the previous year. Over the period under review, the export price saw a buoyant expansion. The export price peaked at $180,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +9.7% per year.

Imports of Winding Wire, Other than of Copper in Paraguay

In 2022, imports of winding wire, other than of coppers into Paraguay soared to 470 tons, picking up by 46% on 2021 figures. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 76% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of winding wire, other than of coppers surged to $2.2M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Winding Wire, Other than of Copper in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31720046095244.3%
India79.498.622153889.2%
Brazil19618461942229.1%
Thailand78.040.367.496.07.2%
Romania4.718.838.671.9148.2%
Hong Kong SAR37.829.112.25.4-47.7%
Others68.889.374.068.0-0.4%
Total7816601,4932,15340.2%

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

  1. China (218.6 tons)
  2. India (151.4 tons)
  3. Brazil (74.9 tons)
  4. Romania (11.4 tons)
  5. Thailand (9.6 tons)
  6. Hong Kong SAR (0.7 tons)

Exports of Winding Wire, Other than of Copper in Paraguay

In 2022, after two years of decline, there was significant decline in shipments abroad of winding wire, other than of coppers, when their volume decreased by -99.3% to 173 kg. Over the period under review, exports, however, continue to indicate significant growth.

In value terms, exports of winding wire, other than of coppers contracted sharply to $1.2K in 2022. In general, exports, however, enjoyed significant growth.

Export of Winding Wire, Other than of Copper in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.4N/A16.71.244.2%
MalaysiaN/AN/A3.6N/A0%
OthersN/AN/A0.1N/A0%
Total0.4N/A20.41.244.2%

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

  1. Bolivia (169.0 kg)

Source: IndexBox Market Intelligence Platform

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