Price for Winding Wire of Copper in Argentina - 2023
Contents:
- Price for Winding Wire of Copper in Argentina (CIF) - 2022
- Price for Winding Wire of Copper in Argentina (FOB) - 2022
- Imports of Winding Wire of Copper in Argentina
- Exports of Winding Wire of Copper in Argentina
Price for Winding Wire of Copper in Argentina (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $12,258 per ton, surging by 7.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 33%. As a result, import price reached the peak level of $12,510 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16,039 per ton), while the price for Brazil ($12,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Argentina (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $11,524 per ton, growing by 6.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 29%. Over the period under review, the average export prices reached the peak figure at $13,845 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 Venezuela ($33,651 per ton), while the average price for exports to Uruguay ($7,546 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 the United States (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Argentina
Winding wire of copper imports into Argentina skyrocketed to 454 tons in 2022, jumping by 30% on the previous year's figure. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 153%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, winding wire of copper imports skyrocketed to $5.6M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 231%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Winding Wire of Copper in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 997 | 869 | 3,625 | 5,158 | 73.0% |
| China | 58.7 | 27.9 | 88.2 | 153 | 37.6% |
| India | 76.9 | 81.1 | 45.4 | 93.7 | 6.8% |
| Egypt | 815 | N/A | N/A | N/A | 0% |
| Others | 127 | 223 | 212 | 158 | 7.6% |
| Total | 2,075 | 1,201 | 3,971 | 5,563 | 38.9% |
Top Suppliers of Winding Wire of Copper to Argentina in 2022:
- Brazil (428.9 tons)
- China (9.5 tons)
- India (7.2 tons)
Exports of Winding Wire of Copper in Argentina
Winding wire of copper exports from Argentina contracted dramatically to 36 tons in 2022, which is down by -39.9% against the previous year. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 363%. As a result, the exports reached the peak of 60 tons, and then dropped sharply in the following year.
In value terms, winding wire of copper exports reduced markedly to $416K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 263%. As a result, the exports reached the peak of $653K, and then shrank dramatically in the following year.
| Export of Winding Wire of Copper in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 27.8 | 21.8 | 323 | 186 | 88.4% |
| Paraguay | 53.3 | 29.8 | 125 | 84.3 | 16.5% |
| United States | 16.6 | 42.4 | 19.7 | 41.8 | 36.0% |
| Colombia | 22.8 | 32.2 | 66.8 | 37.5 | 18.0% |
| Chile | 23.5 | 11.9 | 29.1 | 19.0 | -6.8% |
| Uruguay | 8.7 | 12.5 | 26.2 | 14.9 | 19.6% |
| India | 4.9 | 8.5 | 21.5 | 14.8 | 44.6% |
| Others | 12.1 | 20.8 | 40.8 | 18.1 | 14.4% |
| Total | 170 | 180 | 653 | 416 | 34.8% |
Top Export Markets for Winding Wire of Copper from Argentina in 2022:
- Guatemala (19.5 tons)
- Paraguay (7.8 tons)
- Uruguay (2.0 tons)
- Chile (1.8 tons)
- Colombia (1.3 tons)
- United States (1.3 tons)
- India (0.9 tons)
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