Price for Winding Wire of Copper in Estonia - 2024
Contents:
- Price for Winding Wire of Copper in Estonia (CIF) - 2024
- Price for Winding Wire of Copper in Estonia (FOB) - 2022
- Imports of Winding Wire of Copper in Estonia
- Exports of Winding Wire of Copper in Estonia
Price for Winding Wire of Copper in Estonia (CIF) - 2024
The average winding wire of copper import price stood at $9,056 per ton in January 2024, rising by 29% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 34% m-o-m. Over the period under review, average import prices attained the peak figure at $10,055 per ton in April 2023; however, from May 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($14,122 per ton), while the price for Italy ($1,301 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Finland (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winding Wire of Copper in Estonia (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $15,452 per ton, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 188%. Over the period under review, the average export prices hit record highs at $16,161 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($32,716 per ton), while the average price for exports to Lithuania ($2,667 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 Finland (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire of Copper in Estonia
In 2022, approx. 1.5K tons of winding wire of coppers were imported into Estonia; with a decrease of -8.6% against the year before. Over the period under review, imports recorded a abrupt slump. The smallest decline of -0.7% was in 2021.
In value terms, winding wire of copper imports declined notably to $12M in 2022. In general, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of $16M, and then contracted remarkably in the following year.
| Import of Winding Wire of Copper in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.6 | 7.4 | 11.6 | 8.5 | -0.4% |
| Finland | 0.4 | 1.1 | 0.7 | 1.4 | 51.8% |
| Lithuania | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| Spain | 1.5 | 0.7 | 1.6 | 0.4 | -35.6% |
| Italy | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Germany | 1.0 | 0.3 | 0.4 | N/A | -36.8% |
| Others | 1.4 | 0.9 | 0.8 | 0.5 | -29.1% |
| Total | 13.3 | 11.0 | 15.8 | 11.5 | -4.7% |
Top Suppliers of Winding Wire of Copper to Estonia in 2022:
- Sweden (1065.1 tons)
- Finland (232.1 tons)
- Spain (72.1 tons)
- Italy (41.1 tons)
- Lithuania (30.8 tons)
- Germany (4.8 tons)
Exports of Winding Wire of Copper in Estonia
After three years of growth, overseas shipments of winding wire of coppers decreased by -50.7% to 23 tons in 2022. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 99%. As a result, the exports reached the peak of 48 tons, and then declined rapidly in the following year.
In value terms, winding wire of copper exports shrank markedly to $337K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 314% against the previous year. As a result, the exports attained the peak of $719K, and then dropped rapidly in the following year.
| Export of Winding Wire of Copper in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 61.8 | 44.2 | 621 | 243 | 57.8% |
| Russia | 1.5 | N/A | 2.1 | 36.1 | 188.7% |
| Germany | 2.1 | 1.9 | 2.1 | 11.8 | 77.8% |
| Romania | N/A | N/A | N/A | 11.1 | 0% |
| Spain | N/A | N/A | 6.4 | 2.1 | -67.2% |
| Norway | 14.0 | 53.4 | 51.8 | 1.4 | -53.6% |
| India | 11.1 | 13.5 | 6.0 | 0.4 | -67.0% |
| Lithuania | 24.5 | 34.2 | 27.3 | N/A | 5.6% |
| Others | 13.6 | 26.2 | 2.3 | 31.9 | 32.9% |
| Total | 129 | 173 | 719 | 337 | 37.7% |
Top Export Markets for Winding Wire of Copper from Estonia in 2022:
- Finland (19.3 tons)
- Russia (1.1 tons)
- Germany (1.0 tons)
- Romania (0.6 tons)
- Spain (0.4 tons)
- Norway (0.2 tons)
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