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

Contents:

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

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

In 2022, the average import price for winding wire, other than of coppers amounted to $5,270 per ton, picking up by 3.8% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. The import price peaked at $9,073 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

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

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

In 2022, the average export price for winding wire, other than of coppers amounted to $20,525 per ton, dropping by -12% against the previous year. Overall, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 107%. As a result, the export price attained the peak level of $53,216 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Bolivia ($36,480 per ton), while the average price for exports to Chile ($5,639 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 India (+436.0%), while the prices for the other major destinations experienced a decline.

Imports of Winding Wire, Other than of Copper in Peru

For the fourth consecutive year, Peru recorded growth in purchases abroad of winding wire, other than of coppers, which increased by 6.7% to 261 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of winding wire, other than of coppers skyrocketed to $1.4M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Winding Wire, Other than of Copper in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5646459891,23930.0%
Brazil0.8N/A85.9N/A936.2%
Others34.320.165.913758.7%
Total5996651,1411,37631.9%

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

  1. China (256.9 tons)

Exports of Winding Wire, Other than of Copper in Peru

Exports of winding wire, other than of coppers from Peru soared to 444 kg in 2022, growing by 1,245% against the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,382%. As a result, the exports attained the peak of 1.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of winding wire, other than of coppers skyrocketed to $9.1K in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,779%. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Winding Wire, Other than of Copper in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.2N/A0.17.3231.7%
Canada0.40.90.60.931.0%
ChileN/AN/AN/A0.90%
IndiaN/A17.5N/AN/A0%
PanamaN/A3.9N/AN/A0%
Others0.6N/A0.1N/A-59.2%
Total1.222.30.89.196.5%

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

  1. Bolivia (200.0 kg)
  2. Chile (166.0 kg)
  3. Canada (78.0 kg)

Source: IndexBox Market Intelligence Platform

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