Price for Winding Wire of Copper in Guatemala - 2024
Contents:
- Price for Winding Wire of Copper in Guatemala (CIF) - 2022
- Price for Winding Wire of Copper in Guatemala (FOB) - 2022
- Imports of Winding Wire of Copper in Guatemala
- Exports of Winding Wire of Copper in Guatemala
Price for Winding Wire of Copper in Guatemala (CIF) - 2022
The average winding wire of copper import price stood at $15,144 per ton in 2022, picking up by 18% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire of copper import price increased by +38.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($22,125 per ton), while the price for China ($8,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Guatemala (FOB) - 2022
The average winding wire of copper export price stood at $14,733 per ton in 2022, surging by 10% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($157,231 per ton), while the average price for exports to El Salvador ($12,456 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 Nicaragua (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Guatemala
In 2022, after three years of growth, there was significant decline in supplies from abroad of winding wire of coppers, when their volume decreased by -43.9% to 106 tons. Over the period under review, imports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. As a result, imports attained the peak of 189 tons, and then fell significantly in the following year.
In value terms, winding wire of copper imports reduced rapidly to $1.6M in 2022. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 124%. As a result, imports attained the peak of $2.3M, and then fell remarkably in the following year.
| Import of Winding Wire of Copper in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 806 | 837 | 1,083 | 794 | -0.5% |
| Mexico | 124 | 112 | 662 | 562 | 65.5% |
| China | 12.9 | N/A | 105 | 104 | 100.5% |
| South Korea | 1.0 | N/A | 20.2 | 60.3 | 292.1% |
| Germany | 0.6 | N/A | 2.0 | 49.1 | 334.2% |
| Argentina | 104 | 56.3 | 396 | N/A | 95.1% |
| Others | 9.0 | 15.6 | 18.9 | 43.0 | 68.4% |
| Total | 1,057 | 1,020 | 2,287 | 1,612 | 15.1% |
Top Suppliers of Winding Wire of Copper to Guatemala in 2022:
- United States (43.8 tons)
- Mexico (42.9 tons)
- China (13.0 tons)
- South Korea (2.8 tons)
- Germany (2.2 tons)
Exports of Winding Wire of Copper in Guatemala
In 2022, shipments abroad of winding wire of coppers decreased by -36.3% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 211% against the previous year. As a result, the exports reached the peak of 19 tons, and then reduced markedly in the following year.
In value terms, winding wire of copper exports fell remarkably to $193K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 336%. As a result, the exports reached the peak of $258K, and then contracted sharply in the following year.
| Export of Winding Wire of Copper in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 23.3 | 55.1 | 226 | 170 | 94.0% |
| El Salvador | 10.1 | 4.1 | 31.6 | 12.4 | 7.1% |
| Others | N/A | N/A | 0.1 | 10.3 | 10200.0% |
| Total | 33.5 | 59.2 | 258 | 193 | 79.3% |
Top Export Markets for Winding Wire of Copper from Guatemala in 2022:
- Honduras (11.2 tons)
- El Salvador (1.0 tons)
117
This report provides an in-depth analysis of the wire and cable market in Guatemala.
117
This report provides an in-depth analysis of the winding wire market in Guatemala.
97
This report provides an in-depth analysis of the optical fiber cables market in Guatemala.
92
This report provides an in-depth analysis of the insulated coaxial cable market in Guatemala.
80
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Guatemala.
167
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Guatemala.
75
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Guatemala.
5846
This report provides an in-depth analysis of the global wire and cable market.
778
This report provides an in-depth analysis of the global winding wire market.
3678
This report provides an in-depth analysis of the global optical fiber cables market.
611
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...
12358
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...
2113
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
131
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.
