Copper Stranded Wire Prices in the United States
U.S. Copper Stranded Wire Export Price per Ton in June 2022
In June 2022, the copper stranded wire price per ton stood at $13.2K (FOB, US), declining by -6.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 an increase of 15% month-to-month. The export price peaked at $14.2K per ton in May 2022, and then fell in the following month.
Average prices varied noticeably for the major foreign markets. In June 2022, the country with the highest price was Canada ($13.6K per ton), while the average price for exports to Mexico stood at $12.2K per ton.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.8%).
U.S. Copper Stranded Wire Exports
Copper stranded wire exports from the United States was estimated at 2.8K tons in August 2022, increasing by 10% compared with the previous month's figure. The total export volume increased at an average monthly rate of +3.1% over the period from January 2022 to August 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in March 2022 when exports increased by 28% m-o-m. As a result, the exports attained the peak of 3.1K tons. From April 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper stranded wire exports amounted to $35M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +2.3% from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain months. The most prominent rate of growth was recorded in February 2022 with an increase of 13% month-to-month.
U.S. Copper Stranded Wire Exports by Country
Mexico (1.4K tons) and Canada (1.3K tons) were the main destinations of copper stranded wire exports from the United States.
From January 2022 to June 2022, the biggest increases were in Canada (with a CAGR of +6.3%).
In value terms, Canada ($18M) and Mexico ($17M) constituted the largest markets for copper stranded wire exported from the United States worldwide.
In terms of the main countries of destination, Mexico, with a CAGR of +6.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review.
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This report provides an in-depth analysis of the global stranded wire market.
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In value terms, copper stranded wire exports soared to $44M in March 2023.
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In value terms, stranded wire imports surged to $173M in March 2023.
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Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
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In value terms, copper stranded wire exports soared to $44M in March 2023.
