Price for Winding Wire, Other than of Copper in Russia - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Russia (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Russia (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Russia
- Exports of Winding Wire, Other than of Copper in Russia
Price for Winding Wire, Other than of Copper in Russia (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $7,118 per ton, waning by -44.9% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. The import price peaked at $14,396 per ton in 2014; however, from 2015 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 Taiwan (Chinese) ($24,247 per ton), while the price for Kyrgyzstan ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Russia (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $12,813 per ton, with an increase of 33% against the previous year. Over the period under review, the export price recorded a tangible expansion. The growth pace was the most rapid in 2015 when the average export price increased by 587% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($29,457 per ton), while the average price for exports to Armenia ($5,087 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 Egypt (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Russia
In 2022, the amount of winding wire, other than of coppers imported into Russia surged to 863 tons, picking up by 46% compared with the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of winding wire, other than of coppers declined notably to $6.2M in 2022. Over the period under review, imports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year.
Import of Winding Wire, Other than of Copper in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 0.6 | 0.8 | 3.0 | 44.2% |
Taiwan (Chinese) | 5.8 | 2.2 | 4.5 | 1.9 | -31.1% |
India | 0.1 | N/A | 0.4 | 0.3 | 44.2% |
Kyrgyzstan | N/A | N/A | N/A | 0.1 | 0% |
Belarus | 1.3 | 1.0 | 1.4 | N/A | 3.8% |
Others | 0.6 | 0.5 | 0.6 | 1.0 | 18.6% |
Total | 8.7 | 4.3 | 7.7 | 6.2 | -10.7% |
Top Suppliers of Winding Wire, Other than of Copper to Russia in 2022:
- China (572.3 tons)
- Kyrgyzstan (163.8 tons)
- Taiwan (Chinese) (78.6 tons)
- India (24.4 tons)
Exports of Winding Wire, Other than of Copper in Russia
In 2022, approx. 201 tons of winding wire, other than of coppers were exported from Russia; declining by -54.5% against the previous year. Overall, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 441 tons, and then contracted notably in the following year.
In value terms, exports of winding wire, other than of coppers reduced notably to $2.6M in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, the exports reached the peak of $4.3M, and then contracted markedly in the following year.
Export of Winding Wire, Other than of Copper in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 1,573 | 964 | 3,415 | 1,230 | -7.9% |
Egypt | 3.0 | 0.8 | 49.1 | 1,000 | 593.4% |
Armenia | 5.4 | 15.6 | 4.1 | 86.4 | 152.0% |
Kyrgyzstan | 35.9 | N/A | 61.1 | 27.8 | -8.2% |
India | 389 | 613 | 231 | 4.0 | -78.3% |
Tajikistan | N/A | 6.3 | 162 | N/A | 2471.4% |
Belarus | 822 | 298 | 130 | N/A | -60.2% |
Others | 651 | 777 | 209 | 226 | -29.7% |
Total | 3,480 | 2,675 | 4,261 | 2,574 | -9.6% |
Top Export Markets for Winding Wire, Other than of Copper from Russia in 2022:
- Kazakhstan (142.0 tons)
- Egypt (33.9 tons)
- Armenia (17.0 tons)
- Kyrgyzstan (3.9 tons)
- India (0.2 tons)
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