Copper Wire Price in Slovakia - 2023
Contents:
- Copper Wire Price in Slovakia (CIF) - 2022
- Copper Wire Price in Slovakia (FOB) - 2022
- Copper Wire Imports in Slovakia
- Copper Wire Exports in Slovakia
Copper Wire Price in Slovakia (CIF) - 2022
The average copper wire import price stood at $9,484 per ton in 2022, declining by -3.4% against the previous year. Overall, the import price showed a mild slump. The growth pace was the most rapid in 2021 an increase of 39%. The import price peaked at $11,161 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($11,516 per ton), while the price for Poland ($7,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Wire Price in Slovakia (FOB) - 2022
In 2022, the average copper wire export price amounted to $9,090 per ton, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($21,903 per ton), while the average price for exports to Austria ($984 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 (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Wire Imports in Slovakia
Copper wire imports into Slovakia soared to 21K tons in 2022, with an increase of 19% against 2021 figures. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper wire imports skyrocketed to $199M in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Copper Wire in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.2 | 68.6 | 96.4 | 96.6 | 18.4% |
| Poland | 4.4 | 2.7 | 15.0 | 33.4 | 96.5% |
| Turkey | 20.3 | 22.6 | 34.1 | 31.7 | 16.0% |
| Italy | 9.3 | 6.0 | 6.3 | 10.7 | 4.8% |
| Czech Republic | 1.7 | 5.5 | 7.2 | 6.1 | 53.1% |
| Belgium | 1.9 | 2.0 | 0.5 | 5.5 | 42.5% |
| France | 2.8 | 4.8 | 2.6 | 5.3 | 23.7% |
| Spain | 3.8 | 2.4 | 2.6 | 3.5 | -2.7% |
| Others | 5.1 | 3.4 | 8.1 | 6.4 | 7.9% |
| Total | 107 | 118 | 173 | 199 | 23.0% |
Top Suppliers of Copper Wire to Slovakia in 2022:
- Germany (9.3K tons)
- Poland (4.7K tons)
- Turkey (2.8K tons)
- Italy (1.2K tons)
- Czech Republic (0.7K tons)
- Belgium (0.7K tons)
- France (0.5K tons)
- Spain (0.4K tons)
Copper Wire Exports in Slovakia
Copper wire exports from Slovakia dropped notably to 250 tons in 2022, declining by -46.1% against the previous year. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, copper wire exports dropped markedly to $2.3M in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports attained the peak of $3.5M, and then contracted notably in the following year.
| Export of Copper Wire in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 178 | 491 | 881 | 1,086 | 82.7% |
| Hungary | 393 | 765 | 968 | 322 | -6.4% |
| Poland | 192 | 197 | 402 | 301 | 16.2% |
| Czech Republic | 1,656 | 354 | 542 | 242 | -47.3% |
| Serbia | 37.8 | 132 | 96.1 | 115 | 44.9% |
| Turkey | 0.5 | 14.4 | 15.0 | 89.8 | 464.2% |
| Austria | N/A | 0.1 | 105 | 23.7 | 1439.5% |
| Slovenia | 65.7 | 68.6 | 72.7 | N/A | 5.2% |
| Others | 188 | 505 | 453 | 93.8 | -20.7% |
| Total | 2,710 | 2,526 | 3,535 | 2,274 | -5.7% |
Top Export Markets for Copper Wire from Slovakia in 2022:
- Germany (98.5 tons)
- Hungary (47.4 tons)
- Poland (29.7 tons)
- Czech Republic (24.6 tons)
- Austria (24.1 tons)
- Serbia (11.1 tons)
- Turkey (7.9 tons)
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