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

Contents:

  1. Price for Winding Wire, Other than of Copper in Sudan (CIF) - 2022
  2. Imports of Winding Wire, Other than of Copper in Sudan

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

The average import price for winding wire, other than of coppers stood at $5,763 per ton in 2022, reducing by -5.9% against the previous year. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 83%. Over the period under review, average import prices reached the maximum at $9,492 per ton in 2017; however, from 2018 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 India ($54,520 per ton), while the price for Egypt ($1,113 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Winding Wire, Other than of Copper in Sudan

In 2022, approx. 593 tons of winding wire, other than of coppers were imported into Sudan; picking up by 78% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 150%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of winding wire, other than of coppers soared to $3.4M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 87%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Winding Wire, Other than of Copper in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4081,2031,4922,98894.2%
Saudi Arabia1372539.0130-1.7%
Lebanon14.228.554.042.043.5%
Egypt1710.10.10.1-91.6%
Others270386489258-1.5%
Total1,0001,8702,0443,41850.6%

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

  1. China (453.7 tons)
  2. Saudi Arabia (110.3 tons)
  3. Lebanon (12.7 tons)
  4. Egypt (0.1 tons)

Source: IndexBox Market Intelligence Platform

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