Price for Winding Wire of Copper in Paraguay - 2024

Contents:

  1. Price for Winding Wire of Copper in Paraguay (CIF) - 2022
  2. Imports of Winding Wire of Copper in Paraguay

Price for Winding Wire of Copper in Paraguay (CIF) - 2022

The average winding wire of copper import price stood at $10,744 per ton in 2022, increasing by 3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 41%. The import price peaked 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 country with the highest price was Argentina ($11,351 per ton), while the price for Brazil amounted to $10,633 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.8%).

Imports of Winding Wire of Copper in Paraguay

In 2022, imports of winding wire of coppers into Paraguay dropped to 156 tons, falling by -8.9% against 2021 figures. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 5.4%.

In value terms, winding wire of copper imports shrank to $1.7M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +39.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $1.8M, and then declined in the following year.

Import of Winding Wire of Copper in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,1071,0891,5961,4639.7%
Argentina16769.91531782.1%
Others47.443.441.437.6-7.4%
Total1,3211,2021,7911,6798.3%

Top Suppliers of Winding Wire of Copper to Paraguay in 2022:

  1. Brazil (137.6 tons)
  2. Argentina (15.7 tons)

Source: IndexBox Market Intelligence Platform

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