Price for Winding Wire of Copper in Austria - 2023
Contents:
- Price for Winding Wire of Copper in Austria (FOB) - 2022
- Price for Winding Wire of Copper in Austria (CIF) - 2023
- Exports of Winding Wire of Copper in Austria
- Imports of Winding Wire of Copper in Austria
Price for Winding Wire of Copper in Austria (FOB) - 2022
The average winding wire of copper export price stood at $9,651 per ton in 2022, surging by 5.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($14,395 per ton), while the average price for exports to the Czech Republic ($7,948 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire of Copper in Austria (CIF) - 2023
In June 2023, the average winding wire of copper import price amounted to $8,101 per ton, reducing by -25.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $10,972 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($23,140 per ton), while the price for Poland ($4,224 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Austria
Winding wire of copper exports from Austria rose markedly to 29K tons in 2022, increasing by 8.3% on the previous year. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, winding wire of copper exports stood at $277M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Winding Wire of Copper in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.6 | 57.0 | 87.4 | 112 | 19.5% |
| Serbia | 5.8 | 1.4 | 10.7 | 20.9 | 53.3% |
| Croatia | 19.8 | 18.5 | 18.5 | 20.9 | 1.8% |
| Czech Republic | 9.8 | 9.9 | 16.3 | 16.1 | 18.0% |
| Slovenia | 8.9 | 12.2 | 16.6 | 12.7 | 12.6% |
| Italy | 4.3 | 4.0 | 9.0 | 11.3 | 38.0% |
| Hungary | 3.0 | 1.8 | 5.8 | 8.8 | 43.1% |
| South Africa | 4.8 | 2.2 | 2.3 | 7.6 | 16.6% |
| Finland | 7.7 | 8.5 | 7.3 | 7.6 | -0.4% |
| Sweden | 10.6 | 5.6 | 6.9 | 7.2 | -12.1% |
| Poland | 4.4 | 3.8 | 7.2 | 6.1 | 11.5% |
| Bosnia and Herzegovina | 4.6 | 4.9 | 7.0 | 6.1 | 9.9% |
| Turkey | 6.6 | 9.4 | 10.4 | 5.7 | -4.8% |
| Others | 35.2 | 28.5 | 36.7 | 34.1 | -1.1% |
| Total | 191 | 168 | 242 | 277 | 13.2% |
Top Export Markets for Winding Wire of Copper from Austria in 2022:
- Germany (13.2K tons)
- Croatia (2.2K tons)
- Czech Republic (2.0K tons)
- Serbia (2.0K tons)
- Slovenia (1.2K tons)
- Italy (0.9K tons)
- Hungary (0.8K tons)
- Finland (0.7K tons)
- Poland (0.6K tons)
- Sweden (0.6K tons)
- Bosnia and Herzegovina (0.6K tons)
- Turkey (0.5K tons)
- South Africa (0.5K tons)
Imports of Winding Wire of Copper in Austria
In 2022, purchases abroad of winding wire of coppers decreased by -12.4% to 11K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +30.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of 13K tons, and then contracted in the following year.
In value terms, winding wire of copper imports reduced markedly to $75M in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.3% 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 +22.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of $92M, and then dropped dramatically in the following year.
| Import of Winding Wire of Copper in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 38.1 | 34.8 | 54.8 | 28.2 | -9.5% |
| France | 3.1 | 6.8 | 8.5 | 7.5 | 34.2% |
| Malaysia | 4.8 | 3.2 | 4.9 | 6.5 | 10.6% |
| Sweden | 4.3 | 3.4 | 5.6 | 6.1 | 12.4% |
| Turkey | 2.1 | 2.4 | 4.0 | 5.4 | 37.0% |
| Spain | 0.1 | 1.1 | 3.5 | 5.1 | 270.8% |
| Bulgaria | 0.1 | 0.1 | 0.1 | 3.5 | 227.1% |
| Poland | 0.8 | 3.4 | 2.8 | 2.4 | 44.2% |
| Italy | 5.6 | 2.7 | 2.1 | 2.1 | -27.9% |
| Slovakia | 3.2 | 0.8 | 0.5 | 1.4 | -24.1% |
| Others | 4.0 | 2.4 | 5.7 | 6.7 | 18.8% |
| Total | 65.9 | 61.1 | 92.3 | 74.8 | 4.3% |
Top Suppliers of Winding Wire of Copper to Austria in 2022:
- Germany (5.4K tons)
- Poland (0.9K tons)
- Sweden (0.7K tons)
- Spain (0.7K tons)
- Bulgaria (0.7K tons)
- France (0.6K tons)
- Turkey (0.5K tons)
- Italy (0.4K tons)
- Malaysia (0.4K tons)
- Slovakia (0.3K tons)
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