Slovakia - Winding Wire For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWinding Wire Price in Slovakia - 2023
Contents:
- Winding Wire Price in Slovakia (CIF) - 2023
- Winding Wire Price in Slovakia (FOB) - 2022
- Winding Wire Imports in Slovakia
- Winding Wire Exports in Slovakia
Winding Wire Price in Slovakia (CIF) - 2023
In August 2023, the average winding wire import price amounted to $8,678 per ton, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in December 2022 when the average import price increased by 13% month-to-month. The import price peaked at $10,323 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($10,528 per ton), while the price for South Korea ($4,619 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 France (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Winding Wire Price in Slovakia (FOB) - 2022
The average winding wire export price stood at $9,892 per ton in 2022, leveling off at the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire export price increased by +25.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $9,993 per ton, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($27,310 per ton), while the average price for exports to Germany ($8,754 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 Belgium (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Winding Wire Imports in Slovakia
In 2022, imports of winding wire for electrical purposes into Slovakia declined sharply to 21K tons, with a decrease of -33.3% on the previous year. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.1% 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 +16.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of 32K tons, and then declined rapidly in the following year.
In value terms, winding wire imports contracted markedly to $179M in 2022. Overall, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 when imports increased by 86%. As a result, imports attained the peak of $212M, and then fell sharply in the following year.
| Import of Winding Wire in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 49.9 | 33.1 | 78.8 | 54.9 | 3.2% |
| Germany | 17.0 | 23.6 | 48.0 | 39.7 | 32.7% |
| France | 16.8 | 15.9 | 22.4 | 16.9 | 0.2% |
| Spain | 20.1 | 22.4 | 27.1 | 10.8 | -18.7% |
| Belgium | 4.1 | 5.6 | 8.5 | 9.4 | 31.9% |
| South Korea | 0.8 | 0.2 | 2.3 | 6.6 | 102.1% |
| China | 4.1 | 3.4 | 4.9 | 5.0 | 6.8% |
| Poland | 3.6 | 3.4 | 5.9 | 4.4 | 6.9% |
| Others | 5.5 | 6.9 | 14.6 | 31.1 | 78.2% |
| Total | 122 | 114 | 212 | 179 | 13.6% |
Top Suppliers of Winding Wire to Slovakia in 2022:
- Italy (6.5K tons)
- Germany (4.3K tons)
- France (1.8K tons)
- Spain (1.7K tons)
- South Korea (1.3K tons)
- Belgium (1.1K tons)
- China (0.7K tons)
- Poland (0.4K tons)
Winding Wire Exports in Slovakia
Winding wire exports from Slovakia expanded modestly to 11K tons in 2022, with an increase of 4.1% against the previous year's figure. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 19%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, winding wire exports reached $113M in 2022. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Winding Wire in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.0 | 20.3 | 37.2 | 36.2 | 24.0% |
| Hungary | 12.4 | 8.3 | 12.8 | 13.4 | 2.6% |
| Czech Republic | 6.9 | 9.0 | 14.9 | 13.2 | 24.1% |
| Poland | 4.8 | 5.2 | 7.2 | 10.5 | 29.8% |
| Spain | 6.5 | 5.2 | 9.3 | 7.2 | 3.5% |
| France | 2.2 | 1.9 | 3.6 | 5.4 | 34.9% |
| Germany | 3.6 | 3.1 | 5.4 | 4.8 | 10.1% |
| Croatia | 1.3 | 1.8 | 3.3 | 3.6 | 40.4% |
| Austria | 2.7 | 0.9 | 2.3 | 3.1 | 4.7% |
| Romania | 2.5 | 2.2 | 3.7 | 2.9 | 5.1% |
| Switzerland | 1.0 | 1.1 | 2.5 | 2.4 | 33.9% |
| Others | 5.0 | 6.8 | 7.9 | 10.8 | 29.3% |
| Total | 67.9 | 65.8 | 110 | 113 | 18.5% |
Top Export Markets for Winding Wire from Slovakia in 2022:
- Italy (3786.3 tons)
- Hungary (1457.8 tons)
- Czech Republic (1352.6 tons)
- Poland (1004.0 tons)
- Spain (704.7 tons)
- Germany (548.8 tons)
- France (516.7 tons)
- Croatia (366.5 tons)
- Austria (335.4 tons)
- Romania (283.0 tons)
- Switzerland (140.4 tons)
This report provides an in-depth analysis of the winding wire market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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
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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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