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

Contents:

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

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

The average import price for winding wire, other than of coppers stood at $9,470 per ton in 2022, declining by -7.4% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for winding wire, other than of coppers increased by +67.0% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 63%. As a result, import price reached the peak level of $10,905 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($18,560 per ton), while the price for Chile ($1,076 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for winding wire, other than of coppers amounted to $4,679 per ton, with an increase of 26% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 46%. Over the period under review, the average export prices attained the maximum at $28,483 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($50,333 per ton), while the average price for exports to Panama ($1,952 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 Chile (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire, Other than of Copper in Ecuador

In 2022, imports of winding wire, other than of coppers into Ecuador skyrocketed to 182 tons, growing by 160% compared with 2021 figures. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of winding wire, other than of coppers soared to $1.7M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Winding Wire, Other than of Copper in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17121546091474.8%
China14219357.760762.3%
Denmark1.21.85.829.7191.4%
Mexico61.992.926.120.5-30.8%
India9.712.025.69.90.7%
Brazil76.392.527.79.2-50.6%
Chile1.06.79.49.1108.8%
Others99.965.477.684.3-5.5%
Total5636806901,68444.1%

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

  1. China (90.8 tons)
  2. United States (66.0 tons)
  3. Chile (8.5 tons)
  4. Denmark (6.7 tons)
  5. Mexico (2.9 tons)
  6. India (2.3 tons)
  7. Brazil (1.2 tons)

Exports of Winding Wire, Other than of Copper in Ecuador

In 2022, the amount of winding wire, other than of coppers exported from Ecuador surged to 833 kg, rising by 815% on the year before. Over the period under review, exports showed a significant increase.

In value terms, exports of winding wire, other than of coppers surged to $3.9K in 2022. In general, exports enjoyed a significant increase.

Export of Winding Wire, Other than of Copper in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States96.031712.0943114.2%
Panama5481,83984.092919.2%
Chile21898861.090660.8%
Jamaica6762,07786.08779.1%
Ireland3334,255117170-20.1%
Peru11.045.02.033.044.2%
Others1.0N/A9.036.0230.2%
Total1,8839,5213713,89427.4%

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

  1. Panama (476.0 kg)
  2. Jamaica (136.0 kg)
  3. United States (56.0 kg)
  4. Ireland (34.0 kg)
  5. Chile (18.0 kg)
  6. Peru (13.0 kg)

Source: IndexBox Market Intelligence Platform

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