Price for Winding Wire, Other than of Copper in Sweden - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Sweden (FOB) - 2024
- Price for Winding Wire, Other than of Copper in Sweden (CIF) - 2024
- Exports of Winding Wire, Other than of Copper in Sweden
- Imports of Winding Wire, Other than of Copper in Sweden
Price for Winding Wire, Other than of Copper in Sweden (FOB) - 2024
In January 2024, the average export price for winding wire, other than of coppers amounted to $6,728 per ton, falling by -7.2% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average export price increased by 4.3% month-to-month. As a result, the export price attained the peak level of $7,530 per ton. From November 2023 to January 2024, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Norway.
From January 2023 to January 2024, the rate of growth in terms of prices for Poland amounted to +0.9% per month.
Price for Winding Wire, Other than of Copper in Sweden (CIF) - 2024
The average import price for winding wire, other than of coppers stood at $23,026 per ton in January 2024, picking up by 9.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 143% month-to-month. As a result, import price attained the peak level of $73,078 per ton. From September 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($68,456 per ton), while the price for Morocco stood at $27,847 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Norway (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Winding Wire, Other than of Copper in Sweden
In 2022, exports of winding wire, other than of coppers from Sweden reached 3.7K tons, surging by 14% compared with 2021 figures. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of winding wire, other than of coppers skyrocketed to $24M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +89.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Winding Wire, Other than of Copper in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.4 | 1.1 | 2.1 | 3.8 | 39.5% |
| Poland | 4.7 | 4.2 | 4.0 | 3.7 | -7.7% |
| Hungary | 0.9 | 0.3 | 1.7 | 3.3 | 54.2% |
| France | 1.2 | 1.0 | 2.2 | 3.1 | 37.2% |
| Croatia | 1.6 | 1.8 | 2.2 | 2.8 | 20.5% |
| Norway | 1.6 | 1.1 | 1.4 | 1.3 | -6.7% |
| Italy | 0.7 | 0.7 | 1.1 | 1.2 | 19.7% |
| Netherlands | N/A | N/A | 0.6 | 0.9 | 50.0% |
| Romania | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Austria | 0.2 | 0.3 | 0.5 | 0.7 | 51.8% |
| Bulgaria | 0.7 | 0.9 | 0.9 | 0.7 | 0.0% |
| Finland | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Others | 1.7 | 1.2 | 2.4 | 1.6 | -2.0% |
| Total | 15.3 | 12.9 | 20.0 | 24.4 | 16.8% |
Top Export Markets for Winding Wire, Other than of Copper from Sweden in 2022:
- Poland (582.1 tons)
- Hungary (571.6 tons)
- Germany (555.0 tons)
- France (531.4 tons)
- Croatia (445.3 tons)
- Italy (219.0 tons)
- Netherlands (144.7 tons)
- Norway (118.5 tons)
- Austria (112.0 tons)
- Romania (101.0 tons)
- Finland (82.4 tons)
- Bulgaria (78.1 tons)
Imports of Winding Wire, Other than of Copper in Sweden
In 2022, the amount of winding wire, other than of coppers imported into Sweden soared to 449 tons, picking up by 41% compared with the previous year's figure. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of winding wire, other than of coppers skyrocketed to $13M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Winding Wire, Other than of Copper in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 0.3 | 2.1 | 6.3 | 8.1 | 200.0% |
| Poland | 0.7 | 0.8 | 0.7 | 1.0 | 12.6% |
| Germany | 0.6 | 0.4 | 0.4 | 0.7 | 5.3% |
| China | 0.1 | 0.2 | 0.6 | 0.4 | 58.7% |
| Italy | N/A | N/A | N/A | 0.3 | 0% |
| Norway | 0.1 | 2.3 | 1.9 | 0.1 | 0.0% |
| Others | 1.0 | 0.4 | 0.5 | 1.9 | 23.9% |
| Total | 3.0 | 6.2 | 10.4 | 12.5 | 60.9% |
Top Suppliers of Winding Wire, Other than of Copper to Sweden in 2022:
- Morocco (321.8 tons)
- Germany (32.7 tons)
- Italy (24.6 tons)
- Poland (24.4 tons)
- China (18.4 tons)
- Norway (3.5 tons)
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