Price for Winding Wire of Copper in Luxembourg - 2023
Contents:
- Price for Winding Wire of Copper in Luxembourg (CIF) - 2023
- Price for Winding Wire of Copper in Luxembourg (FOB) - 2022
- Imports of Winding Wire of Copper in Luxembourg
- Exports of Winding Wire of Copper in Luxembourg
Price for Winding Wire of Copper in Luxembourg (CIF) - 2023
The average winding wire of copper import price stood at $10,283 per ton in June 2023, shrinking by -81.3% against the previous month. In general, the import price faced a abrupt decline. The pace of growth was the most pronounced in February 2023 when the average import price increased by 1,005% m-o-m. As a result, import price attained the peak level of $128K per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($31,396 per ton), while the price for France ($7,765 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winding Wire of Copper in Luxembourg (FOB) - 2022
The average winding wire of copper export price stood at $23,422 per ton in 2022, dropping by -41.3% against the previous year. In general, the export price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2020 an increase of 183%. As a result, the export price attained the peak level of $53,286 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($90,889 per ton), while the average price for exports to the Netherlands ($9,813 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 Canada (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in supplies from abroad of winding wire of coppers, which increased by 84% to 155 tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper imports surged to $2.6M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winding Wire of Copper in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 76.0 | 267 | 197 | 750 | 114.5% |
| France | 92.4 | 101 | 143 | 505 | 76.1% |
| Germany | 313 | 368 | 565 | 294 | -2.1% |
| Ukraine | 10.2 | 73.6 | 168 | 227 | 181.3% |
| Belgium | 67.2 | 93.8 | 145 | 227 | 50.0% |
| Others | 185 | 269 | 169 | 585 | 46.8% |
| Total | 744 | 1,172 | 1,388 | 2,589 | 51.5% |
Top Suppliers of Winding Wire of Copper to Luxembourg in 2022:
- Germany (36.6 tons)
- France (27.0 tons)
- Denmark (23.9 tons)
- Belgium (8.6 tons)
- Ukraine (2.6 tons)
Exports of Winding Wire of Copper in Luxembourg
In 2022, shipments abroad of winding wire of coppers decreased by -44.6% to 2.5 tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, winding wire of copper exports dropped notably to $59K in 2022. Overall, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 276% against the previous year. As a result, the exports reached the peak of $674K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Winding Wire of Copper in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.1 | 6.3 | 11.3 | 19.2 | 67.3% |
| Belgium | 146 | 196 | 49.4 | 14.9 | -53.3% |
| Canada | N/A | N/A | N/A | 10.6 | 0% |
| Germany | 1.1 | 0.3 | 3.0 | 1.4 | 8.4% |
| Netherlands | 1.6 | N/A | 2.8 | 0.9 | -17.5% |
| Trinidad and Tobago | N/A | 120 | N/A | N/A | 0% |
| Australia | N/A | 105 | N/A | N/A | 0% |
| Others | 26.9 | 246 | 115 | 11.9 | -23.8% |
| Total | 179 | 674 | 181 | 58.9 | -31.0% |
Top Export Markets for Winding Wire of Copper from Luxembourg in 2022:
- France (1511.0 kg)
- Belgium (632.0 kg)
- Canada (117.0 kg)
- Germany (104.0 kg)
- Netherlands (91.0 kg)
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