Price for Winding Wire, Other than of Copper in Estonia - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Estonia (CIF) - 2024
- Price for Winding Wire, Other than of Copper in Estonia (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Estonia
- Exports of Winding Wire, Other than of Copper in Estonia
Price for Winding Wire, Other than of Copper in Estonia (CIF) - 2024
The average import price for winding wire, other than of coppers stood at $13,837 per ton in January 2024, with a decrease of -9.3% against the previous month. Over the period under review, the import price, however, showed a slight increase. The growth pace was the most rapid in May 2023 when the average import price increased by 41% month-to-month. Over the period under review, average import prices reached the peak figure at $29,216 per ton in September 2023; however, from October 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the Czech Republic ($46,128 per ton), while the price for Latvia ($5,439 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 India (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Winding Wire, Other than of Copper in Estonia (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $31,692 per ton in 2022, dropping by -5% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 287% against the previous year. Over the period under review, the average export prices attained the peak figure at $33,373 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($386,000 per ton), while the average price for exports to Latvia ($12,430 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 Russia (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Estonia
In 2022, the amount of winding wire, other than of coppers imported into Estonia skyrocketed to 97 tons, rising by 56% compared with the year before. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of winding wire, other than of coppers reduced to $1.1M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, imports reached the peak of $1.3M, and then reduced in the following year.
| Import of Winding Wire, Other than of Copper in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 38.8 | 217 | 626 | 301.7% |
| Lithuania | 10.6 | 147 | 162 | 159 | 146.6% |
| Italy | 22.8 | 2.4 | 43.8 | 74.1 | 48.1% |
| Finland | 11.2 | 29.7 | 31.9 | 61.6 | 76.5% |
| China | 130 | 0.6 | 11.9 | 44.1 | -30.3% |
| Germany | 26.3 | 94.0 | 84.0 | 35.6 | 10.6% |
| Czech Republic | 16.9 | 279 | 616 | 31.6 | 23.2% |
| Latvia | 3.4 | 12.5 | 13.5 | 13.6 | 58.7% |
| Others | 205 | 106 | 111 | 103 | -20.5% |
| Total | 425 | 710 | 1,292 | 1,149 | 39.3% |
Top Suppliers of Winding Wire, Other than of Copper to Estonia in 2022:
- India (61.4 tons)
- Lithuania (20.9 tons)
- Italy (5.6 tons)
- Finland (2.8 tons)
- Latvia (2.5 tons)
- China (2.0 tons)
- Czech Republic (0.4 tons)
- Germany (0.2 tons)
Exports of Winding Wire, Other than of Copper in Estonia
For the fourth year in a row, Estonia recorded growth in overseas shipments of winding wire, other than of coppers, which increased by 85% to 27 tons in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 304% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of winding wire, other than of coppers surged to $850K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 680% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Winding Wire, Other than of Copper in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1.7 | 94.9 | 442 | 755 | 663.0% |
| Lithuania | 10.2 | 11.6 | 17.1 | 42.4 | 60.8% |
| Latvia | 8.2 | 27.5 | 11.1 | 21.3 | 37.5% |
| Italy | N/A | 52.9 | 7.7 | 0.4 | -91.3% |
| Others | 6.0 | 17.5 | 5.8 | 31.3 | 73.4% |
| Total | 26.2 | 204 | 484 | 850 | 218.9% |
Top Export Markets for Winding Wire, Other than of Copper from Estonia in 2022:
- Finland (21.4 tons)
- Lithuania (3.1 tons)
- Latvia (1.7 tons)
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