Luxembourg - Winding Wire For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWinding Wire Price in Luxembourg - 2023
Contents:
- Winding Wire Price in Luxembourg (CIF) - 2022
- Winding Wire Price in Luxembourg (FOB) - 2022
- Winding Wire Imports in Luxembourg
- Winding Wire Exports in Luxembourg
Winding Wire Price in Luxembourg (CIF) - 2022
In 2022, the average winding wire import price amounted to $22,224 per ton, with a decrease of -37.8% against the previous year. Overall, the import price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the maximum at $35,740 per ton in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($85,828 per ton), while the price for China ($7,950 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Winding Wire Price in Luxembourg (FOB) - 2022
In 2022, the average winding wire export price amounted to $29,012 per ton, shrinking by -36.4% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 178% against the previous year. As a result, the export price reached the peak level of $53,896 per ton. From 2021 to 2022, the average 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 Canada ($89,325 per ton), while the average price for exports to the Netherlands ($9,400 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 Canada (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.
Winding Wire Imports in Luxembourg
In 2022, approx. 128 tons of winding wire for electrical purposes were imported into Luxembourg; rising by 61% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, winding wire imports amounted to $2.8M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Import of Winding Wire in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 76.2 | 267 | 221 | 750 | 114.3% |
France | 94.2 | 110 | 165 | 697 | 94.9% |
Germany | 1,175 | 1,305 | 1,875 | 308 | -36.0% |
Belgium | 78.2 | 102 | 170 | 268 | 50.8% |
Ukraine | 10.2 | 73.8 | 188 | 227 | 181.3% |
United States | 126 | 31.6 | 93.7 | 128 | 0.5% |
China | 8.2 | 17.6 | 3.5 | 11.7 | 12.6% |
Others | 140 | 237 | 118 | 452 | 47.8% |
Total | 1,708 | 2,145 | 2,835 | 2,842 | 18.5% |
Top Suppliers of Winding Wire to Luxembourg in 2022:
- France (33.5 tons)
- Belgium (16.6 tons)
- Denmark (9.5 tons)
- Germany (8.0 tons)
- Ukraine (2.6 tons)
- United States (2.2 tons)
- China (1.5 tons)
Winding Wire Exports in Luxembourg
In 2022, shipments abroad of winding wire for electrical purposes decreased by -14.2% to 4.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, winding wire exports contracted notably to $121K in 2022. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 255% against the previous year. As a result, the exports reached the peak of $704K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Winding Wire in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 146 | 220 | 74.6 | 74.8 | -20.0% |
France | 5.3 | 8.0 | 14.2 | 19.5 | 54.4% |
Canada | N/A | N/A | N/A | 10.7 | 0% |
Germany | 1.8 | 2.1 | 5.5 | 2.3 | 8.5% |
Netherlands | 1.6 | N/A | 2.9 | 0.9 | -17.5% |
Trinidad and Tobago | N/A | 120 | N/A | N/A | 0% |
Mexico | 10.6 | N/A | N/A | N/A | 0% |
Australia | N/A | 106 | N/A | N/A | 0% |
Others | 32.7 | 248 | 124 | 12.6 | -27.2% |
Total | 198 | 704 | 221 | 121 | -15.1% |
Top Export Markets for Winding Wire from Luxembourg in 2022:
- Belgium (2328.0 kg)
- France (1382.0 kg)
- Germany (131.0 kg)
- Canada (120.0 kg)
- Netherlands (95.0 kg)
This report provides an in-depth analysis of the winding wire market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27321100 - Winding wire for electrical purposes
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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