Price for Winding Wire, Other than of Copper in Brazil - 2024
Contents:
- Price for Winding Wire, Other than of Copper in Brazil (CIF) - 2024
- Price for Winding Wire, Other than of Copper in Brazil (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Brazil
- Exports of Winding Wire, Other than of Copper in Brazil
Price for Winding Wire, Other than of Copper in Brazil (CIF) - 2024
The average import price for winding wire, other than of coppers stood at $4,070 per ton in March 2024, rising by 7.1% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 an increase of 9.3% against the previous month. The import price peaked at $4,126 per ton in July 2023; afterwards, it flattened through to March 2024.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was China ($3,990 per ton), while the price for Switzerland totaled $3,980 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+0.0%).
Price for Winding Wire, Other than of Copper in Brazil (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $6,637 per ton in 2022, growing by 18% against the previous year. In general, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices attained the peak figure at $7,514 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,738 per ton), while the average price for exports to Paraguay ($5,741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Brazil
In 2022, the amount of winding wire, other than of coppers imported into Brazil declined dramatically to 4.2K tons, waning by -18.3% on 2021 figures. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 5.1K tons, and then dropped notably in the following year.
In value terms, imports of winding wire, other than of coppers shrank to $20M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $22M, and then dropped in the following year.
| Import of Winding Wire, Other than of Copper in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.1 | 13.7 | 21.1 | 19.8 | 12.0% |
| Others | 0.7 | 0.6 | 1.1 | 0.6 | -5.0% |
| Total | 14.9 | 14.3 | 22.3 | 20.4 | 11.0% |
Top Suppliers of Winding Wire, Other than of Copper to Brazil in 2022:
- China (4.2K tons)
Exports of Winding Wire, Other than of Copper in Brazil
In 2022, shipments abroad of winding wire, other than of coppers decreased by -7.1% to 472 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, the exports attained the peak of 508 tons, and then fell in the following year.
In value terms, exports of winding wire, other than of coppers reached $3.1M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 103%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 282 | 348 | 721 | 1,015 | 53.3% |
| Chile | 4.4 | 76.7 | 497 | 491 | 381.4% |
| Paraguay | 276 | 263 | 814 | 478 | 20.1% |
| Argentina | 235 | 158 | 231 | 478 | 26.7% |
| Mexico | 17.8 | 211 | 137 | 338 | 166.8% |
| United States | 48.3 | 113 | 222 | 135 | 40.9% |
| Venezuela | 48.0 | N/A | N/A | 93.0 | 24.7% |
| Uruguay | 178 | 38.9 | 69.2 | 58.3 | -31.1% |
| Others | 221 | 195 | 162 | 47.1 | -40.3% |
| Total | 1,311 | 1,403 | 2,853 | 3,133 | 33.7% |
Top Export Markets for Winding Wire, Other than of Copper from Brazil in 2022:
- Colombia (157.9 tons)
- Paraguay (83.3 tons)
- Chile (75.2 tons)
- Argentina (70.8 tons)
- Mexico (41.2 tons)
- United States (13.9 tons)
- Venezuela (13.3 tons)
- Uruguay (9.7 tons)
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