Price for Winding Wire, Other than of Copper in Qatar - 2023
Contents:
- Price for Winding Wire, Other than of Copper in Qatar (CIF) - 2023
- Imports of Winding Wire, Other than of Copper in Qatar
Price for Winding Wire, Other than of Copper in Qatar (CIF) - 2023
The average import price for winding wire, other than of coppers stood at $7,186 per ton in December 2023, picking up by 138% against the previous month. In general, the import price continues to indicate slight growth. The pace of growth appeared the most rapid in October 2023 an increase of 173% month-to-month. The import price peaked at $10,236 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($79,855 per ton), while the price for China ($2,670 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (+24.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Winding Wire, Other than of Copper in Qatar
Imports of winding wire, other than of coppers into Qatar amounted to 213 tons in 2022, increasing by 3.6% compared with 2021 figures. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of winding wire, other than of coppers rose significantly to $1.5M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 256% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Winding Wire, Other than of Copper in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 198 | 139 | 248 | 392 | 25.6% |
| China | 76.7 | 16.5 | 181 | 363 | 67.9% |
| Turkey | 29.5 | N/A | 108 | 222 | 96.0% |
| Malaysia | N/A | 81.7 | 244 | 150 | 35.5% |
| Italy | N/A | N/A | N/A | 147 | 0% |
| Hungary | N/A | N/A | 22.2 | 41.2 | 85.6% |
| Malta | N/A | 54.8 | N/A | N/A | 0% |
| Poland | N/A | N/A | 194 | N/A | 0% |
| Others | 166 | 83.8 | 340 | 193 | 5.2% |
| Total | 470 | 376 | 1,337 | 1,509 | 47.5% |
Top Suppliers of Winding Wire, Other than of Copper to Qatar in 2022:
- India (59.9 tons)
- Turkey (58.1 tons)
- China (49.2 tons)
- Malaysia (23.5 tons)
- Italy (12.3 tons)
- Hungary (4.0 tons)
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