Price for Winding Wire, Other than of Copper in Venezuela - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Venezuela (FOB) - 2022
- Price for Winding Wire, Other than of Copper in Venezuela (CIF) - 2022
- Exports of Winding Wire, Other than of Copper in Venezuela
- Imports of Winding Wire, Other than of Copper in Venezuela
Price for Winding Wire, Other than of Copper in Venezuela (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $4,074 per ton, with an increase of 5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,951 per ton), while the average price for exports to Colombia amounted to $2,975 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%).
Price for Winding Wire, Other than of Copper in Venezuela (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $5,391 per ton, increasing by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 78%. Over the period under review, average import prices reached the maximum at $21,583 per ton in 2016; however, from 2017 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 the United States ($27,137 per ton), while the price for China ($1,782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+6.2%), while the prices for the other major suppliers experienced a decline.
Exports of Winding Wire, Other than of Copper in Venezuela
Exports of winding wire, other than of coppers from Venezuela dropped to 2.2K tons in 2022, which is down by -4.4% on 2021. In general, exports recorded a noticeable slump.
In value terms, exports of winding wire, other than of coppers totaled $9.1M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. 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 Venezuela (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 0.3 | 0.2 | 0.9 | 5.2 | 158.8% |
United States | 8.7 | 8.8 | 8.1 | 3.9 | -23.5% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 8.9 | 9.0 | 9.1 | 9.1 | 0.7% |
Top Export Markets for Winding Wire, Other than of Copper from Venezuela in 2022:
- Colombia (1741.5 tons)
- United States (488.9 tons)
Imports of Winding Wire, Other than of Copper in Venezuela
In 2022, the amount of winding wire, other than of coppers imported into Venezuela surged to 121 tons, jumping by 218% on 2021 figures. In general, imports, however, recorded a abrupt decrease.
In value terms, imports of winding wire, other than of coppers soared to $651K in 2022. Overall, imports, however, continue to indicate a sharp contraction.
Import of Winding Wire, Other than of Copper in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,083 | 103 | 123 | 360 | -30.7% |
Argentina | 366 | 37.1 | 47.2 | 148 | -26.1% |
China | 18.7 | 4.8 | 12.2 | 90.7 | 69.3% |
Brazil | 33.9 | 1.4 | 3.7 | 15.4 | -23.1% |
Others | 118 | 13.3 | 14.0 | 36.4 | -32.4% |
Total | 1,620 | 159 | 200 | 651 | -26.2% |
Top Suppliers of Winding Wire, Other than of Copper to Venezuela in 2022:
- China (50.9 tons)
- Argentina (43.6 tons)
- United States (13.3 tons)
- Brazil (6.3 tons)
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