Price for Winding Wire, Other than of Copper in Algeria - 2022

Contents:

  1. Price for Winding Wire, Other than of Copper in Algeria (CIF) - 2022
  2. Price for Winding Wire, Other than of Copper in Algeria (FOB) - 2022
  3. Imports of Winding Wire, Other than of Copper in Algeria
  4. Exports of Winding Wire, Other than of Copper in Algeria

Price for Winding Wire, Other than of Copper in Algeria (CIF) - 2022

In 2022, the average import price for winding wire, other than of coppers amounted to $7,475 per ton, rising by 34% against the previous year. Overall, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 91%. Over the period under review, average import prices reached the peak figure at $16,047 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($98,034 per ton), while the price for China ($5,706 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winding Wire, Other than of Copper in Algeria (FOB) - 2022

In 2022, the average export price for winding wire, other than of coppers amounted to $2,480 per ton, declining by -38% against the previous year. Over the period under review, the export price, however, continues to indicate a modest expansion. The growth pace was the most rapid in 2015 an increase of 617%. Over the period under review, the average export prices attained the maximum at $29,111 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +1.7% per year.

Imports of Winding Wire, Other than of Copper in Algeria

In 2022, approx. 212 tons of winding wire, other than of coppers were imported into Algeria; with a decrease of -42.8% against the year before. Over the period under review, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

In value terms, imports of winding wire, other than of coppers reduced markedly to $1.5M in 2022. Overall, imports continue to indicate a precipitous decrease.

Import of Winding Wire, Other than of Copper in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5151,0581,476556-28.4%
United Arab Emirates3.01587.1358392.3%
Belgium2982893013151.9%
Egypt4.41.90.583.7166.9%
Malaysia18312186.662.0-30.3%
United Kingdom34.031.731.232.2-1.8%
India3,6132,76235.37.0-87.5%
Italy1,03023110.15.7-82.3%
Others328140126117-29.1%
Total7,0084,7922,0751,538-39.7%

Top Suppliers of Winding Wire, Other than of Copper to Algeria in 2022:

  1. China (97.5 tons)
  2. United Arab Emirates (43.8 tons)
  3. Belgium (42.8 tons)
  4. Egypt (7.2 tons)
  5. Malaysia (6.5 tons)
  6. United Kingdom (4.1 tons)
  7. Italy (0.1 tons)
  8. India (0.1 tons)

Exports of Winding Wire, Other than of Copper in Algeria

In 2022, approx. 100 kg of winding wire, other than of coppers were exported from Algeria; growing by 67% on the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of winding wire, other than of coppers rose slightly to $248 in 2022. Overall, exports, however, faced a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 6.7% against the previous year.

Export of Winding Wire, Other than of Copper in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Niger604225189248-25.7%
South AfricaN/AN/A51.0N/A0%
Others210N/AN/AN/A0%
Total814225240248-32.7%

Top Export Markets for Winding Wire, Other than of Copper from Algeria in 2022:

  1. Niger (100.0 kg)

Source: IndexBox Market Intelligence Platform

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