Price for Winding Wire of Copper in France - 2023
Contents:
- Price for Winding Wire of Copper in France (CIF) - 2022
- Price for Winding Wire of Copper in France (FOB) - 2023
- Imports of Winding Wire of Copper in France
- Exports of Winding Wire of Copper in France
Price for Winding Wire of Copper in France (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $8,430 per ton, remaining constant against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. As a result, import price reached the peak level of $8,584 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9,257 per ton), while the price for Sweden ($4,619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in France (FOB) - 2023
The average winding wire of copper export price stood at $11,690 per ton in June 2023, remaining stable against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average export price increased by 22% m-o-m. Over the period under review, the average export prices hit record highs at $12,993 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($15,341 per ton), while the average price for exports to Serbia ($2,754 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in France
Winding wire of copper imports into France shrank sharply to 28K tons in 2022, reducing by -16.8% against 2021 figures. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.
In value terms, winding wire of copper imports declined significantly to $232M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, 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 46%. As a result, imports reached the peak of $281M, and then reduced markedly in the following year.
| Import of Winding Wire of Copper in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 76.2 | 69.5 | 109 | 90.4 | 5.9% |
| Germany | 59.6 | 60.6 | 85.2 | 65.5 | 3.2% |
| Italy | 25.3 | 23.8 | 34.2 | 22.1 | -4.4% |
| Portugal | 8.8 | 6.8 | 14.2 | 17.5 | 25.8% |
| Austria | 3.4 | 5.0 | 9.9 | 6.7 | 25.4% |
| Sweden | 9.4 | 8.3 | 8.6 | 5.8 | -14.9% |
| Netherlands | 3.6 | 2.5 | 2.9 | 3.8 | 1.8% |
| Others | 18.9 | 15.9 | 16.4 | 20.2 | 2.2% |
| Total | 205 | 192 | 281 | 232 | 4.2% |
Top Suppliers of Winding Wire of Copper to France in 2022:
- Spain (10.3K tons)
- Germany (7.4K tons)
- Portugal (2.8K tons)
- Italy (2.6K tons)
- Sweden (1.3K tons)
- Austria (1.1K tons)
- Netherlands (0.4K tons)
Exports of Winding Wire of Copper in France
For the fourth consecutive year, France recorded growth in overseas shipments of winding wire of coppers, which increased by 19% to 7K tons in 2022. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports expanded significantly to $87M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.5 | 5.0 | 9.7 | 10.8 | 45.6% |
| Austria | 6.0 | 7.3 | 10.4 | 9.2 | 15.3% |
| Germany | 11.9 | 12.0 | 10.1 | 9.2 | -8.2% |
| Czech Republic | 3.3 | 3.0 | 6.2 | 7.1 | 29.1% |
| Portugal | N/A | N/A | 0.9 | 4.9 | 444.4% |
| Italy | 3.4 | 4.1 | 5.0 | 4.3 | 8.1% |
| Poland | 5.1 | 5.1 | 3.9 | 4.3 | -5.5% |
| Estonia | 0.3 | 1.5 | 2.0 | 3.6 | 128.9% |
| Romania | 2.6 | 1.6 | 1.5 | 3.5 | 10.4% |
| Netherlands | 1.6 | 1.5 | 2.7 | 3.5 | 29.8% |
| Morocco | 1.3 | 0.6 | 3.1 | 3.2 | 35.0% |
| Belgium | 2.1 | 1.3 | 1.7 | 2.1 | 0.0% |
| Switzerland | 2.6 | 2.0 | 2.3 | 1.9 | -9.9% |
| Others | 9.0 | 13.2 | 21.2 | 19.4 | 29.2% |
| Total | 52.8 | 58.4 | 80.7 | 87.0 | 18.1% |
Top Export Markets for Winding Wire of Copper from France in 2022:
- Spain (963.6 tons)
- Germany (844.0 tons)
- Austria (658.1 tons)
- Czech Republic (581.9 tons)
- Portugal (453.6 tons)
- Italy (441.3 tons)
- Estonia (357.6 tons)
- Belgium (328.4 tons)
- Poland (328.3 tons)
- Netherlands (322.6 tons)
- Morocco (246.2 tons)
- Romania (232.5 tons)
- Switzerland (73.3 tons)
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