Price for Winding Wire, Other than of Copper in Spain - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Spain (FOB) - 2024
- Price for Winding Wire, Other than of Copper in Spain (CIF) - 2022
- Exports of Winding Wire, Other than of Copper in Spain
- Imports of Winding Wire, Other than of Copper in Spain
Price for Winding Wire, Other than of Copper in Spain (FOB) - 2024
The average export price for winding wire, other than of coppers stood at $5,077 per ton in January 2024, falling by -8.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 14% m-o-m. As a result, the export price attained the peak level of $6,160 per ton. From September 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Morocco ($11,372 per ton), while the average price for exports to Hungary ($937 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 Morocco (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Spain (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $6,248 per ton, surging by 24% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($19,255 per ton), while the price for Portugal ($1,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire, Other than of Copper in Spain
In 2022, approx. 6.1K tons of winding wire, other than of coppers were exported from Spain; increasing by 18% on 2021. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of winding wire, other than of coppers surged to $38M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Winding Wire, Other than of Copper in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.8 | 2.8 | 3.7 | 5.5 | 25.2% |
| Poland | 2.3 | 1.5 | 3.6 | 4.7 | 26.9% |
| Morocco | 0.9 | 1.1 | 2.1 | 4.1 | 65.8% |
| Germany | 4.2 | 2.5 | 2.1 | 3.9 | -2.4% |
| France | 3.7 | 2.9 | 4.0 | 3.7 | 0.0% |
| Ireland | 3.0 | 2.1 | 3.7 | 3.3 | 3.2% |
| Austria | N/A | 0.1 | 0.8 | 2.3 | 379.6% |
| Hungary | 1.1 | 2.5 | 1.7 | 2.2 | 26.0% |
| Slovakia | 0.9 | 1.4 | 1.9 | 1.6 | 21.1% |
| Netherlands | 0.2 | N/A | 0.9 | 1.2 | 81.7% |
| Czech Republic | 0.3 | 0.5 | 0.9 | 1.1 | 54.2% |
| Portugal | 1.8 | 0.8 | 1.0 | 0.5 | -34.8% |
| Others | 4.4 | 3.8 | 3.7 | 3.8 | -4.8% |
| Total | 25.6 | 22.1 | 30.0 | 37.9 | 14.0% |
Top Export Markets for Winding Wire, Other than of Copper from Spain in 2022:
- Italy (942.5 tons)
- Hungary (857.0 tons)
- Poland (780.5 tons)
- France (589.9 tons)
- Germany (557.0 tons)
- Ireland (552.8 tons)
- Morocco (376.5 tons)
- Czech Republic (300.7 tons)
- Slovakia (281.1 tons)
- Austria (267.7 tons)
- Netherlands (223.0 tons)
- Portugal (65.4 tons)
Imports of Winding Wire, Other than of Copper in Spain
In 2022, approx. 5K tons of winding wire, other than of coppers were imported into Spain; increasing by 14% against the year before. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of winding wire, other than of coppers soared to $31M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Winding Wire, Other than of Copper in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.4 | 7.6 | 13.7 | 19.5 | 23.3% |
| Italy | 1.0 | 1.0 | 1.5 | 3.3 | 48.9% |
| Belgium | 0.2 | 0.8 | 1.2 | 2.5 | 132.1% |
| Portugal | 0.3 | 0.5 | 1.1 | 1.2 | 58.7% |
| France | 0.7 | 1.3 | 1.1 | 0.9 | 8.7% |
| Slovakia | 0.6 | 0.3 | 0.5 | 0.8 | 10.1% |
| Others | 1.6 | 2.7 | 2.9 | 3.0 | 23.3% |
| Total | 14.9 | 14.1 | 22.0 | 31.1 | 27.8% |
Top Suppliers of Winding Wire, Other than of Copper to Spain in 2022:
- China (3311.5 tons)
- Portugal (670.9 tons)
- Italy (366.6 tons)
- Belgium (243.8 tons)
- Slovakia (115.1 tons)
- France (73.3 tons)
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