Price for Winding Wire of Copper in Slovenia - 2024
Contents:
- Price for Winding Wire of Copper in Slovenia (CIF) - 2024
- Price for Winding Wire of Copper in Slovenia (FOB) - 2022
- Imports of Winding Wire of Copper in Slovenia
- Exports of Winding Wire of Copper in Slovenia
Price for Winding Wire of Copper in Slovenia (CIF) - 2024
The average winding wire of copper import price stood at $10,076 per ton in January 2024, shrinking by -12% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 an increase of 5.5% m-o-m. As a result, import price reached the peak level of $11,456 per ton, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Bosnia and Herzegovina ($15,321 per ton), while the price for China ($2,592 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Slovenia (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $10,081 per ton, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2016 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($11,087 per ton) and Bosnia and Herzegovina ($10,341 per ton), while the average price for exports to Serbia ($9,640 per ton) and Italy ($9,848 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Slovenia
In 2022, winding wire of copper imports into Slovenia fell to 11K tons, with a decrease of -6.6% against the year before. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 12K tons, and then dropped in the following year.
In value terms, winding wire of copper imports dropped to $114M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of $124M, and then declined in the following year.
| Import of Winding Wire of Copper in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 41.4 | 36.6 | 61.5 | 59.5 | 12.9% |
| Germany | 9.7 | 7.9 | 13.5 | 15.8 | 17.7% |
| Austria | 8.1 | 12.2 | 18.4 | 13.6 | 18.9% |
| Spain | 7.8 | 8.5 | 15.3 | 13.0 | 18.6% |
| Poland | 0.8 | 3.9 | 5.2 | 4.9 | 83.0% |
| Turkey | 3.9 | 3.4 | 4.8 | 3.3 | -5.4% |
| Others | 1.9 | 1.8 | 5.0 | 4.0 | 28.2% |
| Total | 73.5 | 74.3 | 124 | 114 | 15.8% |
Top Suppliers of Winding Wire of Copper to Slovenia in 2022:
- Italy (5.8K tons)
- Germany (1.6K tons)
- Spain (1.3K tons)
- Austria (1.2K tons)
- Poland (0.5K tons)
- Turkey (0.3K tons)
Exports of Winding Wire of Copper in Slovenia
Winding wire of copper exports from Slovenia soared to 1.1K tons in 2022, rising by 35% on 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, winding wire of copper exports soared to $11M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 2.9 | 2.4 | 3.9 | 5.1 | 20.7% |
| Serbia | 1.9 | 4.1 | 2.7 | 3.8 | 26.0% |
| Italy | N/A | 0.1 | 0.1 | 1.1 | 231.7% |
| Netherlands | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Total | 5.1 | 6.7 | 6.9 | 10.6 | 27.6% |
Top Export Markets for Winding Wire of Copper from Slovenia in 2022:
- Bosnia and Herzegovina (496.1 tons)
- Serbia (390.4 tons)
- Italy (111.0 tons)
- Netherlands (26.3 tons)
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