Price for Winding Wire of Copper in Colombia - 2022
Contents:
- Price for Winding Wire of Copper in Colombia (CIF) - 2022
- Price for Winding Wire of Copper in Colombia (FOB) - 2022
- Imports of Winding Wire of Copper in Colombia
- Exports of Winding Wire of Copper in Colombia
Price for Winding Wire of Copper in Colombia (CIF) - 2022
The average winding wire of copper import price stood at $9,070 per ton in 2022, dropping by -15.3% against the previous year. Over the period under review, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $10,707 per ton, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,014 per ton), while the price for Brazil ($8,881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Winding Wire of Copper in Colombia (FOB) - 2022
The average winding wire of copper export price stood at $7,672 per ton in 2022, which is down by -2.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,632 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($9,903 per ton), while the average price for exports to Peru ($7,264 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 Thailand (+9.9%), while the prices for the other major destinations experienced a decline.
Imports of Winding Wire of Copper in Colombia
In 2022, supplies from abroad of winding wire of coppers increased by 7% to 2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep slump.
In value terms, winding wire of copper imports dropped to $18M in 2022. Overall, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $20M, and then dropped in the following year.
| Import of Winding Wire of Copper in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 12.0 | 9.8 | 12.4 | 11.1 | -2.6% |
| Mexico | 4.7 | 5.7 | 6.4 | 5.7 | 6.6% |
| China | 1.3 | 0.3 | 0.9 | 0.8 | -14.9% |
| Others | 0.8 | 0.5 | 0.4 | 0.5 | -14.5% |
| Total | 18.8 | 16.3 | 20.0 | 18.2 | -1.1% |
Top Suppliers of Winding Wire of Copper to Colombia in 2022:
- Brazil (1252.3 tons)
- Mexico (621.8 tons)
- China (90.4 tons)
Exports of Winding Wire of Copper in Colombia
In 2022, shipments abroad of winding wire of coppers was finally on the rise to reach 52 tons after two years of decline. Overall, exports, however, faced a sharp descent.
In value terms, winding wire of copper exports soared to $399K in 2022. In general, exports, however, recorded a dramatic descent.
| Export of Winding Wire of Copper in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 873 | 305 | 128 | 322 | -28.3% |
| Venezuela | 21.4 | 26.6 | 103 | 60.8 | 41.6% |
| Panama | 12.9 | 12.2 | 13.9 | 9.3 | -10.3% |
| Spain | N/A | 81.5 | N/A | N/A | 0% |
| Thailand | 39.4 | 31.0 | N/A | N/A | -21.3% |
| Ecuador | 121 | N/A | 40.0 | N/A | -42.5% |
| Others | 0.9 | 1.1 | 55.3 | 6.7 | 95.3% |
| Total | 1,069 | 457 | 340 | 399 | -28.0% |
Top Export Markets for Winding Wire of Copper from Colombia in 2022:
- Peru (44.3 tons)
- Venezuela (6.1 tons)
- Panama (1.0 tons)
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