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Winding Wire imports peaked at 5.5K tons in 2016, but failed to regain momentum from 2017 to 2023. In value terms, imports dramatically reduced to $4.2M in 2023.
Winding Wire imports reached record highs in 2023 and are projected to continue growing in the future. The value of winding wire imports slightly decreased to $551M in 2023.
During the review period, the import of Winding Wire peaked in 2023 and is forecasted to continue growing. The value of winding wire imports reached $330M in 2023.
Explore the top import markets for winding wire in 2023, including the United States, Japan, Germany, and more. Learn about the key statistics and trends driving the global trade of this essential product.
From April 2023 to December 2023, the exports of Winding Wire failed to regain momentum, with a total value of $35M in December 2023.
Imports of winding wire reached their highest level in September 2023, with a value of $32M.
The growth pace of Winding Wire was at its fastest in February 2023, experiencing a significant increase of 28% compared to the previous month. In terms of value, exports of winding wire slightly rose to $11M in June 2023.
In July 2023, the price of Winding Wire was $10,313 per ton (FOB, Thailand), showing a decline of -4.5% compared to the previous month.
The price of Winding Wire in April 2023 was $10,648 per ton (CIF, Japan), showing a decrease of 2.9% compared to the previous month.
In March 2023, the winding wire price stood at $13,114 per ton (FOB, Italy), almost unchanged from the previous month.
In April 2023, the winding wire price amounted to $7,292 per ton (FOB, China), waning by -6.1% against the previous month.
In December 2022, there was no significant change in the cost of winding wire as the FOB price per ton remained at $10,055 in Mexico.
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