Price for Winding Wire of Copper in Israel - 2023
Contents:
- Price for Winding Wire of Copper in Israel (CIF) - 2022
- Price for Winding Wire of Copper in Israel (FOB) - 2022
- Imports of Winding Wire of Copper in Israel
- Exports of Winding Wire of Copper in Israel
Price for Winding Wire of Copper in Israel (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $11,818 per ton, growing by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($11,818 per ton) and Turkey ($11,818 per ton), while the price for Italy ($11,816 per ton) and South Korea ($11,818 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Israel (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $11,454 per ton, growing by 2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 31%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($11,456 per ton) and Chile ($11,455 per ton), while the average price for exports to the UK ($11,452 per ton) and India ($11,452 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Israel
In 2022, approx. 1.2K tons of winding wire of coppers were imported into Israel; growing by 28% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, winding wire of copper imports skyrocketed to $15M in 2022. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Winding Wire of Copper in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.9 | 2.4 | 5.1 | 7.8 | 39.1% |
| Turkey | 1.3 | 1.9 | 4.2 | 4.3 | 49.0% |
| South Korea | 1.7 | 0.1 | N/A | 0.8 | -22.2% |
| United States | 0.7 | 0.6 | 0.3 | 0.7 | 0.0% |
| Switzerland | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Poland | 1.6 | 0.1 | N/A | N/A | -93.8% |
| Others | 1.3 | 0.4 | 0.4 | 0.4 | -32.5% |
| Total | 9.7 | 6.0 | 10.7 | 14.7 | 14.9% |
Top Suppliers of Winding Wire of Copper to Israel in 2022:
- Spain (663.0 tons)
- Turkey (364.2 tons)
- South Korea (69.0 tons)
- United States (62.7 tons)
- Switzerland (49.8 tons)
- Poland (1.8 tons)
Exports of Winding Wire of Copper in Israel
For the fourth year in a row, Israel recorded growth in overseas shipments of winding wire of coppers, which increased by 18% to 105 tons in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 149% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, winding wire of copper exports soared to $1.2M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 169%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Winding Wire of Copper in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.0 | 80.7 | 83.0 | 412 | 106.2% |
| Germany | 5.0 | 47.3 | 47.0 | 112 | 181.9% |
| France | 3.0 | 2.6 | 101 | 90.0 | 210.7% |
| China | 21.0 | 14.9 | 94.0 | 86.0 | 60.0% |
| Australia | 2.0 | 40.3 | 102 | 76.0 | 236.2% |
| Philippines | N/A | N/A | N/A | 71.0 | 0% |
| Netherlands | 1.0 | 11.4 | 14.0 | 42.0 | 247.6% |
| Chile | N/A | N/A | N/A | 40.0 | 0% |
| South Korea | N/A | 11.4 | 26.0 | 36.0 | 77.7% |
| United Kingdom | 2.0 | 21.0 | 34.0 | 28.0 | 141.0% |
| Poland | N/A | 0.9 | 42.0 | 24.0 | 416.4% |
| India | 15.0 | 29.8 | 4.0 | 22.0 | 13.6% |
| Latvia | N/A | 5.3 | 2.0 | 22.0 | 103.7% |
| Others | 86.0 | 223 | 448 | 140 | 17.6% |
| Total | 182 | 489 | 997 | 1,201 | 87.6% |
Top Export Markets for Winding Wire of Copper from Israel in 2022:
- United States (36.0 tons)
- Germany (9.8 tons)
- France (7.9 tons)
- China (7.5 tons)
- Australia (6.6 tons)
- Philippines (6.2 tons)
- Netherlands (3.7 tons)
- Chile (3.5 tons)
- South Korea (3.1 tons)
- United Kingdom (2.4 tons)
- Poland (2.1 tons)
- India (1.9 tons)
- Latvia (1.9 tons)
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