Price for Winding Wire of Copper in Belgium - 2023
Contents:
- Price for Winding Wire of Copper in Belgium (CIF) - 2022
- Price for Winding Wire of Copper in Belgium (FOB) - 2022
- Imports of Winding Wire of Copper in Belgium
- Exports of Winding Wire of Copper in Belgium
Price for Winding Wire of Copper in Belgium (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $12,135 per ton, growing by 48% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($38,218 per ton), while the price for Slovakia ($4,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Belgium (FOB) - 2022
The average winding wire of copper export price stood at $7,390 per ton in 2022, dropping by -17.6% against the previous year. Overall, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,778 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($13,891 per ton), while the average price for exports to the Netherlands ($2,792 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 Oman (+979.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire of Copper in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of winding wire of coppers, when their volume decreased by -70.6% to 1.4K tons. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 140%. As a result, imports reached the peak of 4.8K tons, and then contracted dramatically in the following year.
In value terms, winding wire of copper imports reduced rapidly to $17M in 2022. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. As a result, imports reached the peak of $39M, and then contracted markedly in the following year.
| Import of Winding Wire of Copper in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.0 | 2.3 | 3.3 | 4.2 | 1.6% |
| Netherlands | 3.8 | 3.6 | 3.8 | 3.0 | -7.6% |
| Austria | 0.5 | 0.1 | 3.6 | 2.5 | 71.0% |
| France | 1.6 | 2.1 | 2.8 | 1.4 | -4.4% |
| Spain | 3.3 | 6.4 | 20.0 | 1.3 | -26.7% |
| Greece | 0.6 | 1.0 | 1.8 | 1.2 | 26.0% |
| Germany | 0.9 | 0.5 | 0.8 | 1.1 | 6.9% |
| Others | 3.2 | 3.8 | 3.2 | 2.5 | -7.9% |
| Total | 17.7 | 19.9 | 39.3 | 17.1 | -1.1% |
Top Suppliers of Winding Wire of Copper to Belgium in 2022:
- Italy (480.8 tons)
- Spain (206.9 tons)
- Netherlands (200.9 tons)
- France (145.2 tons)
- Greece (140.3 tons)
- Germany (79.7 tons)
- Austria (65.8 tons)
Exports of Winding Wire of Copper in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of winding wire of coppers, which increased by 19% to 1.1K tons in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, winding wire of copper exports dropped to $8M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. As a result, the exports reached the peak of $8.2M, and then fell in the following year.
| Export of Winding Wire of Copper in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 207 | 986 | 2,704 | 2,335 | 124.3% |
| Vietnam | N/A | N/A | 310 | 1,352 | 336.1% |
| Netherlands | 338 | 518 | 717 | 908 | 39.0% |
| Germany | 74.9 | 309 | 673 | 879 | 127.2% |
| China | 388 | 67.5 | 335 | 775 | 25.9% |
| Norway | 57.5 | 198 | 468 | 409 | 92.3% |
| Nigeria | 444 | 0.1 | N/A | 0.3 | -91.2% |
| Others | 1,450 | 2,134 | 2,991 | 1,381 | -1.6% |
| Total | 2,960 | 4,213 | 8,197 | 8,039 | 39.5% |
Top Export Markets for Winding Wire of Copper from Belgium in 2022:
- Netherlands (325.2 tons)
- Vietnam (246.4 tons)
- Czech Republic (168.7 tons)
- China (146.9 tons)
- Germany (66.4 tons)
- Norway (65.3 tons)
- Nigeria (0.1 tons)
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