Mexico - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Stranded Wire Price in Mexico - 2023
Contents:
- Copper Stranded Wire Price in Mexico (CIF) - 2023
- Copper Stranded Wire Price in Mexico (FOB) - 2023
- Copper Stranded Wire Imports in Mexico
- Copper Stranded Wire Exports in Mexico
Copper Stranded Wire Price in Mexico (CIF) - 2023
The average copper stranded wire import price stood at $12,040 per ton in June 2023, declining by -2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 26% against the previous month. Over the period under review, average import prices reached the maximum at $13,603 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Turkey ($12,076 per ton) and Spain ($11,510 per ton), while the price for Austria ($11,365 per ton) and the United States ($11,386 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Stranded Wire Price in Mexico (FOB) - 2023
In June 2023, the average copper stranded wire export price amounted to $13,219 per ton, reducing by -43.5% against the previous month. Over the period under review, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in January 2023 when the average export price increased by 97% against the previous month. The export price peaked at $23,391 per ton in May 2023, and then dropped dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($15,469 per ton), while the average price for exports to Honduras totaled $9,922 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.8%).
Copper Stranded Wire Imports in Mexico
In 2022, approx. 17K tons of copper stranded wire, cables and plaited bands were imported into Mexico; falling by -13.2% compared with the previous year. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.
In value terms, copper stranded wire imports shrank to $164M in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 38%.
| Import of Copper Stranded Wire in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 211 | 116 | 158 | 134 | -14.0% |
| Turkey | 4.7 | 3.6 | 9.2 | 7.9 | 18.9% |
| Others | 27.2 | 18.3 | 24.1 | 22.3 | -6.4% |
| Total | 243 | 138 | 191 | 164 | -12.3% |
Top Suppliers of Copper Stranded Wire to Mexico in 2022:
- United States (15.3K tons)
- Turkey (0.5K tons)
Copper Stranded Wire Exports in Mexico
In 2022, overseas shipments of copper stranded wire, cables and plaited bands decreased by -10.8% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%.
In value terms, copper stranded wire exports reduced to $16M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year.
| Export of Copper Stranded Wire in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 4.0 | 17.1 | 14.6 | 34.5% |
| Costa Rica | 0.1 | 0.2 | 0.5 | 0.5 | 71.0% |
| Panama | 0.4 | N/A | 0.3 | 0.3 | -9.1% |
| Guatemala | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Honduras | 1.5 | 8.5 | N/A | N/A | 466.7% |
| Others | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Total | 8.1 | 13.2 | 18.2 | 15.7 | 24.7% |
Top Export Markets for Copper Stranded Wire from Mexico in 2022:
- United States (1330.6 tons)
- Costa Rica (58.2 tons)
- Panama (39.0 tons)
- Guatemala (28.4 tons)
This report provides an in-depth analysis of the copper stranded wire market in Mexico. 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 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
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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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This report provides an in-depth analysis of the copper stranded wire market in Mexico.
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This report provides an in-depth analysis of the stranded wire market in Mexico.
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This report provides an in-depth analysis of the global copper stranded wire market.
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This report provides an in-depth analysis of the global stranded wire market.
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This report provides an in-depth analysis of the copper stranded wire market in Mexico.
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This report provides an in-depth analysis of the global copper stranded wire market.
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In May 2023, the growth rate of Copper Stranded Wire was the highest, experiencing a significant increase of 48% compared to the previous month. In terms of value, the imports of Copper Stranded Wire decreased to $24M in October 2023.
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Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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In May 2023, the growth rate of Copper Stranded Wire was the highest, experiencing a significant increase of 48% compared to the previous month. In terms of value, the imports of Copper Stranded Wire decreased to $24M in October 2023.
