Germany - Winding Wire For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWinding Wire Price in Germany - 2023
Contents:
- Winding Wire Price in Germany (FOB) - 2023
- Winding Wire Price in Germany (CIF) - 2023
- Winding Wire Exports in Germany
- Winding Wire Imports in Germany
Winding Wire Price in Germany (FOB) - 2023
The average winding wire export price stood at $14,446 per ton in August 2023, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in December 2022 an increase of 15% against the previous month. Over the period under review, the average export prices reached the peak figure at $14,583 per ton in July 2023, and then shrank modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the UK ($53,167 per ton), while the average price for exports to Italy ($10,178 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Winding Wire Price in Germany (CIF) - 2023
In August 2023, the average winding wire import price amounted to $10,159 per ton, waning by -16.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $12,118 per ton, and then declined sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($12,761 per ton), while the price for Sweden ($6,721 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Winding Wire Exports in Germany
In 2022, the amount of winding wire for electrical purposes exported from Germany fell slightly to 79K tons, with a decrease of -4.8% on 2021. Over the period under review, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year.
In value terms, winding wire exports expanded modestly to $997M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Winding Wire in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 94.8 | 88.8 | 130 | 131 | 11.4% |
| France | 100 | 96.6 | 110 | 112 | 3.8% |
| Hungary | 101 | 94.5 | 107 | 112 | 3.5% |
| Serbia | 90.2 | 74.7 | 86.3 | 80.4 | -3.8% |
| Poland | 53.3 | 48.2 | 61.8 | 72.2 | 10.6% |
| United Kingdom | 42.4 | 38.0 | 45.1 | 64.0 | 14.7% |
| Italy | 42.6 | 34.3 | 42.9 | 49.8 | 5.3% |
| Austria | 36.6 | 30.8 | 53.8 | 42.1 | 4.8% |
| Romania | 20.5 | 20.9 | 30.2 | 36.6 | 21.3% |
| China | 22.9 | 20.5 | 40.9 | 35.0 | 15.2% |
| Slovakia | 27.0 | 20.3 | 26.2 | 28.7 | 2.1% |
| Slovenia | 9.0 | 8.0 | 14.6 | 18.2 | 26.5% |
| Spain | 24.0 | 21.3 | 15.4 | 8.8 | -28.4% |
| Others | 196 | 163 | 207 | 206 | 1.7% |
| Total | 860 | 760 | 972 | 997 | 5.1% |
Top Export Markets for Winding Wire from Germany in 2022:
- Czech Republic (13.5K tons)
- Hungary (11.2K tons)
- France (9.8K tons)
- Serbia (7.1K tons)
- Poland (6.0K tons)
- Italy (4.5K tons)
- Austria (3.7K tons)
- Romania (3.3K tons)
- Slovakia (2.7K tons)
- Slovenia (1.9K tons)
- United Kingdom (1.6K tons)
- China (1.5K tons)
- Spain (0.7K tons)
Winding Wire Imports in Germany
After three years of growth, overseas purchases of winding wire for electrical purposes decreased by -12% to 43K tons in 2022. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of 49K tons, and then reduced in the following year.
In value terms, winding wire imports fell to $375M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $384M, and then dropped in the following year.
| Import of Winding Wire in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 84.8 | 69.2 | 114 | 99.3 | 5.4% |
| Austria | 38.6 | 42.6 | 47.3 | 71.0 | 22.5% |
| Sweden | 6.5 | 9.8 | 25.6 | 34.8 | 74.9% |
| Spain | 22.7 | 25.0 | 34.4 | 28.6 | 8.0% |
| Serbia | 1.7 | 8.8 | 19.9 | 25.7 | 147.3% |
| Poland | 6.9 | 16.9 | 29.9 | 19.9 | 42.3% |
| France | 11.1 | 15.9 | 15.6 | 13.9 | 7.8% |
| Slovakia | 7.2 | 6.3 | 10.7 | 10.2 | 12.3% |
| Turkey | 6.7 | 1.4 | 3.5 | 9.5 | 12.3% |
| Netherlands | 7.1 | 7.9 | 9.1 | 9.1 | 8.6% |
| Others | 40.6 | 42.7 | 73.8 | 52.7 | 9.1% |
| Total | 234 | 247 | 384 | 375 | 17.0% |
Top Suppliers of Winding Wire to Germany in 2022:
- Italy (12.0K tons)
- Spain (6.4K tons)
- Austria (6.2K tons)
- Sweden (5.8K tons)
- Serbia (2.5K tons)
- Poland (1.8K tons)
- France (1.3K tons)
- Slovakia (1.1K tons)
- Turkey (1.0K tons)
- Netherlands (1.0K tons)
This report provides an in-depth analysis of the winding wire market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27321100 - Winding wire for electrical purposes
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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