Price for Winding Wire of Copper in Uruguay - 2022
Contents:
- Price for Winding Wire of Copper in Uruguay (CIF) - 2022
- Price for Winding Wire of Copper in Uruguay (FOB) - 2022
- Imports of Winding Wire of Copper in Uruguay
- Exports of Winding Wire of Copper in Uruguay
Price for Winding Wire of Copper in Uruguay (CIF) - 2022
The average winding wire of copper import price stood at $11,288 per ton in 2022, with an increase of 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +8.2% per year.
Price for Winding Wire of Copper in Uruguay (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $19,735 per ton, which is down by -17.6% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 121%. Over the period under review, the average export prices attained the peak figure at $23,950 per ton in 2021, and then fell notably in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.9% per year.
Imports of Winding Wire of Copper in Uruguay
In 2022, the amount of winding wire of coppers imported into Uruguay fell rapidly to 73 tons, with a decrease of -32.4% compared with 2021 figures. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 108 tons, and then contracted markedly in the following year.
In value terms, winding wire of copper imports contracted significantly to $821K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $986K, and then fell significantly in the following year.
| Import of Winding Wire of Copper in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 501 | 548 | 867 | 811 | 17.4% |
| Argentina | 24.3 | 28.5 | 38.9 | N/A | 26.5% |
| Others | 149 | 44.7 | 80.3 | 9.9 | -59.5% |
| Total | 674 | 621 | 986 | 821 | 6.8% |
Top Suppliers of Winding Wire of Copper to Uruguay in 2022:
- Brazil (71.8 tons)
Exports of Winding Wire of Copper in Uruguay
Winding wire of copper exports from Uruguay contracted modestly to 219 kg in 2022, remaining stable against the year before. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 0.9%.
In value terms, winding wire of copper exports dropped notably to $4.3K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports reached the peak of $5.3K, and then contracted notably in the following year.
| Export of Winding Wire of Copper in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 3.4 | 5.3 | 4.3 | 12.5% |
| Ecuador | 2.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 3.4 | 5.3 | 4.3 | 25.0% |
Top Export Markets for Winding Wire of Copper from Uruguay in 2022:
- China (219.0 kg)
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