Price for Winding Wire of Copper in Ukraine - 2023

Contents:

  1. Price for Winding Wire of Copper in Ukraine (CIF) - 2023
  2. Price for Winding Wire of Copper in Ukraine (FOB) - 2023
  3. Imports of Winding Wire of Copper in Ukraine
  4. Exports of Winding Wire of Copper in Ukraine

Price for Winding Wire of Copper in Ukraine (CIF) - 2023

The average winding wire of copper import price stood at $5,763 per ton in May 2023, with a decrease of -3.7% against the previous month. Over the period under review, the import price saw a slight curtailment. The pace of growth was the most pronounced in December 2022 an increase of 58% against the previous month. As a result, import price reached the peak level of $7,918 per ton. From January 2023 to May 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the Czech Republic ($8,216 per ton), while the price for Germany ($5,106 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winding Wire of Copper in Ukraine (FOB) - 2023

In May 2023, the average winding wire of copper export price amounted to $10,480 per ton, shrinking by -6.2% against the previous month. In general, the export price, however, posted strong growth. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 143% month-to-month. Over the period under review, the average export prices hit record highs at $11,176 per ton in April 2023, and then contracted in the following month.

Average prices varied somewhat for the major export markets. In May 2023, the highest price was recorded for prices to Germany ($11,788 per ton) and Poland ($10,398 per ton), while the average price for exports to Hungary ($8,635 per ton) and Moldova ($10,123 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire of Copper in Ukraine

In 2022, purchases abroad of winding wire of coppers decreased by -36.5% to 951 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 85%. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, winding wire of copper imports shrank markedly to $5.9M in 2022. In general, imports, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 95%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Winding Wire of Copper in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.23.44.73.96.8%
Poland0.70.81.20.6-5.0%
Slovakia0.60.70.90.5-5.9%
Czech Republic0.10.10.30.344.2%
China0.40.30.30.2-20.6%
Italy0.10.10.10.10.0%
UzbekistanN/A5.02.0N/A-60.0%
Others0.50.30.50.4-7.2%
Total5.410.610.05.93.0%

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

  1. Germany (645.1 tons)
  2. Poland (137.6 tons)
  3. Slovakia (95.1 tons)
  4. Czech Republic (32.5 tons)
  5. Italy (18.0 tons)
  6. China (9.0 tons)

Exports of Winding Wire of Copper in Ukraine

Winding wire of copper exports from Ukraine reduced notably to 146 tons in 2022, declining by -34.4% on the year before. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, the exports attained the peak of 223 tons, and then plummeted in the following year.

In value terms, winding wire of copper exports dropped sharply to $1.2M in 2022. Overall, exports, however, posted a perceptible increase. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, the exports reached the peak of $2.1M, and then shrank markedly in the following year.

Export of Winding Wire of Copper in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16614877.740334.4%
Moldova19426166029515.0%
Germany220176192201-3.0%
Georgia237238413146-14.9%
Hungary70.827.444.188.17.6%
Belarus1501.569051.9-29.8%
UzbekistanN/A238N/AN/A0%
Others67.620.540.332.4-21.7%
Total1,1061,1112,1171,2183.3%

Top Export Markets for Winding Wire of Copper from Ukraine in 2022:

  1. Germany (43.0 tons)
  2. Poland (39.5 tons)
  3. Moldova (25.4 tons)
  4. Georgia (15.2 tons)
  5. Hungary (14.7 tons)
  6. Belarus (5.0 tons)

Source: IndexBox Market Intelligence Platform

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