Price for Winding Wire, Other than of Copper in Luxembourg - 2024

Contents:

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

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

In 2022, the average import price for winding wire, other than of coppers amounted to $6,580 per ton, dropping by -93.3% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 283%. Over the period under review, average import prices hit record highs at $98,781 per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($39,584 per ton), while the price for Belgium ($13,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for winding wire, other than of coppers amounted to $335,734 per ton, increasing by 366% against the previous year. In general, the export price showed a significant increase. The pace of growth was the most pronounced in 2018 an increase of 550% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($260,832 per ton), while the average price for exports to Greece ($29,136 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 Greece (+68.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winding Wire, Other than of Copper in Luxembourg

In 2022, approx. 12 tons of winding wire, other than of coppers were imported into Luxembourg; reducing by -59.5% on the year before. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, imports reached the peak of 30 tons, and then contracted markedly in the following year.

In value terms, imports of winding wire, other than of coppers declined remarkably to $245K in 2022. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of $1.4M, and then shrank dramatically in the following year.

Import of Winding Wire, Other than of Copper in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.59.77.7184396.9%
Belgium10.813.321.442.257.5%
Germany8599401,40313.9-74.7%
United States51.12.77.50.1-87.5%
Slovakia12.8N/AN/AN/A0%
Others28.66.77.34.5-46.0%
Total9639721,447245-36.6%

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

  1. France (8.4 tons)
  2. Belgium (3.2 tons)
  3. Germany (0.4 tons)

Exports of Winding Wire, Other than of Copper in Luxembourg

Exports of winding wire, other than of coppers from Luxembourg dropped notably to 302 kg in 2022, falling by -45.2% compared with 2021. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. As a result, the exports reached the peak of 551 kg, and then contracted significantly in the following year.

In value terms, exports of winding wire, other than of coppers skyrocketed to $65K in 2022. In general, exports, however, recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Winding Wire, Other than of Copper in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.225.028.763.6582.6%
Germany0.71.92.40.98.7%
GreeceN/AN/A0.80.6-25.0%
France1.21.82.80.2-45.0%
United KingdomN/AN/A2.2N/A0%
Mexico10.6N/AN/AN/A0%
Brazil5.8N/AN/AN/A0%
OthersN/A0.62.80.1-59.2%
Total18.729.239.765.551.9%

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

  1. Belgium (244.0 kg)
  2. Germany (30.0 kg)
  3. Greece (22.0 kg)
  4. France (5.0 kg)

Source: IndexBox Market Intelligence Platform

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