Copper Wire Price in the Netherlands - 2023
Contents:
- Copper Wire Price in the Netherlands (CIF) - 2023
- Copper Wire Price in the Netherlands (FOB) - 2022
- Copper Wire Imports in the Netherlands
- Copper Wire Exports in the Netherlands
Copper Wire Price in the Netherlands (CIF) - 2023
The average copper wire import price stood at $8,878 per ton in August 2023, remaining stable against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 35% month-to-month. As a result, import price reached the peak level of $10,479 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from France ($9,235 per ton) and Italy ($9,151 per ton), while the price for Peru ($7,411 per ton) and Germany ($7,958 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Wire Price in the Netherlands (FOB) - 2022
In 2022, the average copper wire export price amounted to $11,408 per ton, increasing by 10% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper wire export price increased by +28.8% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 17% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($22,884 per ton), while the average price for exports to Belgium ($8,840 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 Italy (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Wire Imports in the Netherlands
In 2022, approx. 34K tons of copper wires were imported into the Netherlands; with an increase of 3% compared with the previous year. In general, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 5.5% against the previous year.
In value terms, copper wire imports reached $314M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +52.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Copper Wire in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 107 | 96.3 | 163 | 165 | 15.5% |
| Germany | 86.4 | 82.7 | 106 | 110 | 8.4% |
| Belgium | 47.1 | 13.0 | 8.7 | 16.7 | -29.2% |
| Spain | 5.5 | 4.0 | 5.9 | 6.3 | 4.6% |
| Others | 17.6 | 10.4 | 12.7 | 16.2 | -2.7% |
| Total | 264 | 206 | 296 | 314 | 6.0% |
Top Suppliers of Copper Wire to the Netherlands in 2022:
- Italy (16.5K tons)
- Germany (13.8K tons)
- Belgium (1.7K tons)
- Spain (0.7K tons)
Copper Wire Exports in the Netherlands
In 2022, overseas shipments of copper wires decreased by -0.3% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.
In value terms, copper wire exports rose rapidly to $20M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Copper Wire in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 5.5 | 6.2 | 6.4 | 21.1% |
| Belgium | 1.5 | 0.8 | 1.4 | 2.9 | 24.6% |
| France | 1.4 | 1.2 | 1.5 | 1.6 | 4.6% |
| United Kingdom | 0.5 | 0.5 | 0.9 | 1.6 | 47.4% |
| Italy | 1.8 | 1.7 | 2.0 | 1.3 | -10.3% |
| Poland | 0.3 | 0.6 | 0.3 | 0.7 | 32.6% |
| Slovenia | 0.4 | 0.5 | 0.8 | 0.6 | 14.5% |
| Turkey | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| Finland | 0.4 | 0.4 | 0.3 | 0.5 | 7.7% |
| United States | 0.3 | 0.2 | 0.5 | 0.4 | 10.1% |
| Estonia | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Ireland | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Austria | 0.2 | 0.6 | 0.7 | 0.1 | -20.6% |
| Others | 2.3 | 2.4 | 2.7 | 2.5 | 2.8% |
| Total | 13.1 | 14.8 | 17.9 | 19.7 | 14.6% |
Top Export Markets for Copper Wire from the Netherlands in 2022:
- Germany (569.5 tons)
- Belgium (330.5 tons)
- France (141.4 tons)
- United Kingdom (134.0 tons)
- Poland (70.3 tons)
- Italy (56.1 tons)
- Slovenia (52.1 tons)
- Finland (50.8 tons)
- Turkey (41.7 tons)
- United States (32.8 tons)
- Ireland (27.9 tons)
- Estonia (27.0 tons)
- Austria (5.6 tons)
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