Price for Winding Wire of Copper in Russia - 2022
Contents:
- Price for Winding Wire of Copper in Russia (FOB) - 2022
- Price for Winding Wire of Copper in Russia (CIF) - 2022
- Exports of Winding Wire of Copper in Russia
- Imports of Winding Wire of Copper in Russia
Price for Winding Wire of Copper in Russia (FOB) - 2022
In January 2022, the average winding wire of copper export price amounted to $8,035 per ton, shrinking by -17.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2021 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $10,861 per ton in May 2021; however, from June 2021 to January 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was the United States ($19,016 per ton), while the average price for exports to Belarus ($4,214 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winding Wire of Copper in Russia (CIF) - 2022
The average winding wire of copper import price stood at $14,176 per ton in January 2022, surging by 17% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in June 2021 when the average import price increased by 24% month-to-month. Over the period under review, average import prices reached the peak figure in January 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($48,690 per ton), while the price for Finland ($9,394 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Russia
In 2022, approx. 2.5K tons of winding wire of coppers were exported from Russia; approximately reflecting the previous year's figure. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, winding wire of copper exports shrank sharply to $20M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of $24M, and then contracted dramatically in the following year.
| Export of Winding Wire of Copper in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 6.1 | 6.4 | 12.5 | 9.1 | 14.3% |
| Belarus | 4.1 | 4.9 | 6.1 | 5.8 | 12.3% |
| Ukraine | 1.6 | 1.2 | 1.9 | 2.0 | 7.7% |
| United States | 0.3 | 0.5 | 1.4 | 2.0 | 88.2% |
| Latvia | 0.6 | 0.6 | 0.7 | 0.2 | -30.7% |
| Germany | 1.1 | 0.8 | N/A | N/A | -27.3% |
| Others | 1.3 | 1.7 | 1.2 | 0.8 | -14.9% |
| Total | 15.1 | 16.0 | 23.7 | 19.9 | 9.6% |
Top Export Markets for Winding Wire of Copper from Russia in 2022:
- Belarus (1415.0 tons)
- Kazakhstan (792.6 tons)
- Ukraine (159.8 tons)
- United States (106.2 tons)
- Latvia (15.5 tons)
Imports of Winding Wire of Copper in Russia
In 2022, approx. 1.7K tons of winding wire of coppers were imported into Russia; approximately reflecting the year before. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, winding wire of copper imports fell significantly to $16M in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.
| Import of Winding Wire of Copper in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 5.9 | 3.2 | 5.9 | 4.3 | -10.0% |
| Moldova | 2.4 | 2.4 | 2.7 | 4.1 | 19.5% |
| China | 3.0 | 1.4 | 1.5 | 2.7 | -3.5% |
| Germany | 4.1 | 2.1 | 4.6 | 2.5 | -15.2% |
| Sweden | 0.8 | 0.5 | 1.3 | 1.3 | 17.6% |
| Finland | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Austria | 4.4 | 1.5 | 1.4 | N/A | -43.6% |
| Poland | 3.7 | 0.2 | 1.0 | N/A | -48.0% |
| Italy | 1.3 | 0.5 | 0.6 | N/A | -32.1% |
| Others | 0.5 | 0.6 | 0.4 | 0.8 | 17.0% |
| Total | 26.3 | 12.4 | 19.5 | 16.0 | -15.3% |
Top Suppliers of Winding Wire of Copper to Russia in 2022:
- Belarus (526.1 tons)
- Moldova (428.1 tons)
- China (275.5 tons)
- Germany (238.3 tons)
- Sweden (143.8 tons)
- Finland (30.8 tons)
- Italy (3.7 tons)
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