Price for Winding Wire of Copper in New Zealand - 2023
Contents:
- Price for Winding Wire of Copper in New Zealand (CIF) - 2023
- Price for Winding Wire of Copper in New Zealand (FOB) - 2022
- Imports of Winding Wire of Copper in New Zealand
- Exports of Winding Wire of Copper in New Zealand
Price for Winding Wire of Copper in New Zealand (CIF) - 2023
The average winding wire of copper import price stood at $11,999 per ton in July 2023, with a decrease of -7.2% against the previous month. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in January 2023 an increase of 31% month-to-month. Over the period under review, average import prices hit record highs at $18,626 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($17,361 per ton), while the price for India ($9,994 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in New Zealand (FOB) - 2022
The average winding wire of copper export price stood at $26,158 per ton in 2022, with an increase of 21% against the previous year. Overall, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of 57%. Over the period under review, the average export prices hit record highs at $33,115 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($100,369 per ton), while the average price for exports to Japan ($4,972 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 Solomon Islands (+226.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in New Zealand
In 2022, approx. 455 tons of winding wire of coppers were imported into New Zealand; shrinking by -61.9% against the previous year's figure. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 542%. As a result, imports attained the peak of 1.2K tons, and then contracted notably in the following year.
In value terms, winding wire of copper imports shrank significantly to $4.8M in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 374%. As a result, imports attained the peak of $9.4M, and then fell sharply in the following year.
| Import of Winding Wire of Copper in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,027 | 852 | 3,896 | 2,359 | 31.9% |
| Australia | 373 | 338 | 3,929 | 1,445 | 57.1% |
| United States | 253 | 178 | 452 | 198 | -7.8% |
| India | 0.3 | 2.2 | 62.9 | 179 | 741.9% |
| South Korea | 194 | 129 | 155 | 168 | -4.7% |
| Spain | 178 | 180 | 425 | 117 | -13.1% |
| Others | 406 | 313 | 526 | 332 | -6.5% |
| Total | 2,431 | 1,993 | 9,445 | 4,799 | 25.4% |
Top Suppliers of Winding Wire of Copper to New Zealand in 2022:
- China (195.9 tons)
- Australia (194.4 tons)
- India (24.2 tons)
- South Korea (10.6 tons)
- Spain (9.9 tons)
- United States (8.6 tons)
Exports of Winding Wire of Copper in New Zealand
In 2022, approx. 4.5 tons of winding wire of coppers were exported from New Zealand; increasing by 17% compared with 2021. In general, exports showed a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of 160% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, winding wire of copper exports skyrocketed to $118K in 2022. Over the period under review, exports posted a noticeable increase. The pace of growth was the most pronounced in 2021 when exports increased by 69%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Winding Wire of Copper in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.8 | 27.6 | 42.7 | 66.0 | 57.8% |
| Chile | N/A | N/A | 11.3 | 10.6 | -6.2% |
| Australia | 32.4 | 3.3 | 6.2 | 6.5 | -41.5% |
| United Kingdom | 2.9 | 1.3 | 4.0 | 6.1 | 28.1% |
| Tuvalu | N/A | N/A | 4.9 | 5.5 | 12.2% |
| Japan | N/A | N/A | N/A | 3.7 | 0% |
| Samoa | 14.1 | 0.9 | N/A | 3.4 | -37.8% |
| Ecuador | 4.9 | N/A | 3.7 | 3.4 | -11.5% |
| Vietnam | N/A | N/A | N/A | 1.9 | 0% |
| Cook Islands | 1.4 | 6.5 | N/A | 0.5 | -29.1% |
| China | 10.6 | N/A | N/A | N/A | 0% |
| Austria | 17.7 | N/A | N/A | N/A | 0% |
| Others | 5.8 | 9.8 | 10.9 | 10.5 | 21.9% |
| Total | 107 | 49.4 | 83.5 | 118 | 3.3% |
Top Export Markets for Winding Wire of Copper from New Zealand in 2022:
- Tuvalu (894.0 kg)
- Japan (739.0 kg)
- United States (713.0 kg)
- Chile (706.0 kg)
- Ecuador (348.0 kg)
- Samoa (225.0 kg)
- United Kingdom (208.0 kg)
- Vietnam (178.0 kg)
- Australia (65.0 kg)
- Cook Islands (62.0 kg)
310
This report provides an in-depth analysis of the wire and cable market in New Zealand.
339
This report provides an in-depth analysis of the winding wire market in New Zealand.
371
This report provides an in-depth analysis of the optical fiber cables market in New Zealand.
285
This report provides an in-depth analysis of the insulated coaxial cable market in New Zealand.
287
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in New Zealand.
212
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in New Zealand.
138
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in New Zealand.
5848
This report provides an in-depth analysis of the global wire and cable market.
779
This report provides an in-depth analysis of the global winding wire market.
3679
This report provides an in-depth analysis of the global optical fiber cables market.
617
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
956
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12362
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
2115
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
392
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
996
As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables. In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.
957
The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...
468
The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close
133
Explore the top import markets for insulated coaxial cable and discover key statistics on countries driving the global demand. Learn about the latest trends and opportunities in the industry.
179
Explore the world's best import markets for wiring sets used in vehicles, aircraft, or ships. Learn about the key statistics and import values of the top countries. Stay informed with IndexBox market intelligence platform.
