Price for Winding Wire, Other than of Copper in Bulgaria - 2024

Contents:

  1. Price for Winding Wire, Other than of Copper in Bulgaria (CIF) - 2024
  2. Price for Winding Wire, Other than of Copper in Bulgaria (FOB) - 2022
  3. Imports of Winding Wire, Other than of Copper in Bulgaria
  4. Exports of Winding Wire, Other than of Copper in Bulgaria

Price for Winding Wire, Other than of Copper in Bulgaria (CIF) - 2024

The average import price for winding wire, other than of coppers stood at $7,424 per ton in January 2024, with an increase of 25% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($8,107 per ton), while the price for China amounted to $4,618 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Winding Wire, Other than of Copper in Bulgaria (FOB) - 2022

The average export price for winding wire, other than of coppers stood at $8,591 per ton in 2022, picking up by 20% against the previous year. In general, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2013 an increase of 1,064%. As a result, the export price reached the peak level of $248,588 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($38,037 per ton), while the average price for exports to Serbia ($7,134 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 Serbia (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Winding Wire, Other than of Copper in Bulgaria

Imports of winding wire, other than of coppers into Bulgaria soared to 1.1K tons in 2022, growing by 46% against the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2020 indices. 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 $7.1M in 2022. In general, imports posted a significant expansion. 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 Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12292.183.62,212162.7%
Greece8075391,4161,49422.8%
Turkey41638534483226.0%
Sweden6348238597576.1%
Belarus9468101,214640-12.2%
Germany13310.817.159765.0%
Italy240233213189-7.7%
Spain15713412089.5-17.1%
Slovakia12013295.12.0-74.5%
Others374416280317-5.4%
Total3,9493,5734,6427,13021.8%

Top Suppliers of Winding Wire, Other than of Copper to Bulgaria in 2022:

  1. China (434.9 tons)
  2. Greece (261.9 tons)
  3. Turkey (132.4 tons)
  4. Belarus (115.0 tons)
  5. Sweden (85.4 tons)
  6. Germany (45.2 tons)
  7. Spain (11.8 tons)
  8. Italy (5.2 tons)
  9. Slovakia (0.4 tons)

Exports of Winding Wire, Other than of Copper in Bulgaria

Exports of winding wire, other than of coppers from Bulgaria soared to 83 tons in 2022, increasing by 146% compared with 2021. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of winding wire, other than of coppers skyrocketed to $737K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Winding Wire, Other than of Copper in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia17679.519956447.4%
RomaniaN/AN/AN/A72.30%
ItalyN/AN/A2.660.02207.7%
Tunisia31.6N/AN/AN/A0%
Others30.58.240.541.310.6%
Total23987.724273745.6%

Top Export Markets for Winding Wire, Other than of Copper from Bulgaria in 2022:

  1. Serbia (79.0 tons)
  2. Romania (2.0 tons)
  3. Italy (1.6 tons)

Source: IndexBox Market Intelligence Platform

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