Price for Winding Wire of Copper in Iran - 2021
Contents:
- Price for Winding Wire of Copper in Iran (FOB) - 2022
- Price for Winding Wire of Copper in Iran (CIF) - 2022
- Exports of Winding Wire of Copper in Iran
- Imports of Winding Wire of Copper in Iran
Price for Winding Wire of Copper in Iran (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $4,637 per ton, reducing by -7.4% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 17% against the previous year. The export price peaked at $9,093 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($5,715 per ton), while the average price for exports to Iraq ($4,337 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 Iraq (-1.3%), while the prices for the other major destinations experienced a decline.
Price for Winding Wire of Copper in Iran (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $8,060 per ton, with an increase of 2.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 25% against the previous year. The import price peaked at $9,250 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($13,462 per ton), while the price for Malaysia ($3,963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Iran
In 2022, the amount of winding wire of coppers exported from Iran dropped modestly to 2K tons, approximately reflecting 2021 figures. In general, exports showed a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 27%.
In value terms, winding wire of copper exports contracted to $9M in 2022. Over the period under review, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 49%.
| Export of Winding Wire of Copper in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.2 | 2.6 | 5.6 | 4.8 | 14.5% |
| Afghanistan | 6.1 | 3.2 | 3.3 | 3.6 | -16.1% |
| Turkey | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 0.7 | 0.4 | 0.5 | 0.4 | -17.0% |
| Total | 10.2 | 6.6 | 9.8 | 9.0 | -4.1% |
Top Export Markets for Winding Wire of Copper from Iran in 2022:
- Iraq (1110.5 tons)
- Afghanistan (709.6 tons)
- Turkey (51.8 tons)
Imports of Winding Wire of Copper in Iran
Winding wire of copper imports into Iran declined to 533 tons in 2022, with a decrease of -9.3% compared with the year before. In general, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 2.9% against the previous year.
In value terms, winding wire of copper imports declined to $4.3M in 2022. Over the period under review, imports showed a dramatic curtailment.
| Import of Winding Wire of Copper in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 48.3 | 410 | 1,179 | 1,083 | 182.0% |
| Germany | 2,004 | 201 | 338 | 944 | -22.2% |
| China | 1,524 | 1,290 | 1,011 | 665 | -24.2% |
| Singapore | 1,566 | 423 | 502 | 507 | -31.3% |
| Austria | 2,091 | 1,675 | 975 | 447 | -40.2% |
| Hong Kong SAR | 150 | 82.5 | 34.1 | 282 | 23.4% |
| Malaysia | 557 | 263 | 214 | 163 | -33.6% |
| India | 750 | 179 | 125 | 82.7 | -52.0% |
| Others | 996 | 759 | 249 | 123 | -50.2% |
| Total | 9,686 | 5,283 | 4,628 | 4,296 | -23.7% |
Top Suppliers of Winding Wire of Copper to Iran in 2022:
- Turkey (161.4 tons)
- Germany (95.7 tons)
- China (86.2 tons)
- Austria (54.5 tons)
- Singapore (42.7 tons)
- Malaysia (41.1 tons)
- Hong Kong SAR (22.4 tons)
- India (16.9 tons)
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