Price for Winding Wire, Other than of Copper in the United Arab Emirates - 2022
Contents:
- Price for Winding Wire, Other than of Copper in the United Arab Emirates (CIF) - 2022
- Price for Winding Wire, Other than of Copper in the United Arab Emirates (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in the United Arab Emirates
- Exports of Winding Wire, Other than of Copper in the United Arab Emirates
Price for Winding Wire, Other than of Copper in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $7,937 per ton, waning by -34.5% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 160%. The import price peaked at $12,410 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($24,891 per ton), while the price for China ($3,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $3,556 per ton, with a decrease of -3% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2015 when the average export price increased by 60%. Over the period under review, the average export prices reached the peak figure at $6,196 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($37,203 per ton), while the average price for exports to Senegal ($640 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 Jordan (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in the United Arab Emirates
Imports of winding wire, other than of coppers into the United Arab Emirates surged to 4.2K tons in 2022, increasing by 100% against the year before. Over the period under review, imports saw prominent growth. 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 skyrocketed to $34M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Winding Wire, Other than of Copper in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 14.6 | 15.6 | 18.7 | 22.3 | 15.2% |
China | 4.8 | 3.7 | 5.6 | 8.0 | 18.6% |
South Africa | N/A | N/A | N/A | 2.5 | 0% |
Malaysia | 1.3 | 0.4 | 0.2 | N/A | -60.8% |
Others | 1.9 | 0.7 | 1.0 | 0.8 | -25.0% |
Total | 22.6 | 20.4 | 25.4 | 33.7 | 14.2% |
Top Suppliers of Winding Wire, Other than of Copper to the United Arab Emirates in 2022:
- China (2310.8 tons)
- India (1737.1 tons)
- South Africa (100.4 tons)
- Malaysia (3.1 tons)
Exports of Winding Wire, Other than of Copper in the United Arab Emirates
In 2022, exports of winding wire, other than of coppers from the United Arab Emirates declined rapidly to 642 tons, which is down by -61.1% on the previous year's figure. In general, exports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of 59%.
In value terms, exports of winding wire, other than of coppers reduced sharply to $2.3M in 2022. Over the period under review, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year.
Export of Winding Wire, Other than of Copper in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 427 | 689 | 747 | 771 | 21.8% |
India | 18,472 | 817 | 330 | 406 | -72.0% |
Rwanda | 437 | 286 | 335 | 189 | -24.4% |
Jordan | 392 | N/A | N/A | 86.0 | -39.7% |
Democratic Republic of the Congo | 138 | 205 | 59.8 | 77.4 | -17.5% |
Ghana | 12.8 | N/A | 157 | 75.9 | 81.0% |
Senegal | 22.1 | 5.9 | 31.4 | 20.1 | -3.1% |
Tanzania | 24.9 | 102 | 12.3 | 19.7 | -7.5% |
Zambia | 7.2 | 0.8 | 537 | 3.6 | -20.6% |
Saudi Arabia | 46.0 | 363 | 755 | N/A | 305.1% |
Others | 914 | 512 | 2,010 | 617 | -12.3% |
Total | 20,892 | 2,979 | 4,974 | 2,267 | -52.3% |
Top Export Markets for Winding Wire, Other than of Copper from the United Arab Emirates in 2022:
- Oman (147.6 tons)
- Rwanda (110.7 tons)
- Ghana (103.3 tons)
- Democratic Republic of the Congo (49.1 tons)
- India (48.9 tons)
- Senegal (31.4 tons)
- Jordan (29.1 tons)
- Tanzania (24.1 tons)
- Zambia (4.8 tons)
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