Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China - 2024

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (CIF) - 2022
  2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (FOB) - 2022
  3. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China
  4. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (CIF) - 2022

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $43,622 per ton, reducing by -8.4% against the previous year. Overall, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.8% against the previous year. Over the period under review, average import prices reached the peak figure at $67,280 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($249,219 per ton), while the price for Denmark ($19,158 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (FOB) - 2022

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $36,672 per ton, growing by 25% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by +77.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($77,354 per ton), while the average price for exports to Oman ($12,964 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 Malaysia (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into China dropped to 532 tons, declining by -3.5% compared with the previous year. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 551 tons, and then dropped in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded declined to $23M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $26M, and then fell in the following year.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.23.75.75.419.1%
Japan5.06.47.85.32.0%
South Korea2.82.42.63.810.7%
United States2.61.62.11.8-11.5%
Taiwan (Chinese)1.61.31.71.2-9.1%
Denmark0.70.50.91.012.6%
Norway0.71.00.90.4-17.0%
Italy0.30.40.30.30.0%
Others2.53.64.23.916.0%
Total19.321.026.223.26.3%

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to China in 2022:

  1. South Korea (189.8 tons)
  2. Japan (109.5 tons)
  3. Germany (88.5 tons)
  4. Denmark (52.3 tons)
  5. Taiwan (Chinese) (28.3 tons)
  6. Italy (8.7 tons)
  7. United States (7.3 tons)
  8. Norway (6.9 tons)

Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded exported from China stood at 616 tons, rising by 3.2% compared with the year before. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 30%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded skyrocketed to $23M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.53.54.05.24.9%
Indonesia0.40.10.24.3120.7%
Malaysia0.10.21.92.0171.4%
Vietnam0.51.82.81.956.0%
Japan1.80.90.91.1-15.1%
Thailand0.80.60.81.07.7%
Poland0.40.40.60.720.5%
Germany0.30.20.30.732.6%
Hong Kong SAR1.20.60.70.7-16.4%
Taiwan (Chinese)0.10.20.50.571.0%
United Kingdom0.50.40.70.50.0%
Canada0.40.20.20.2-20.6%
OmanN/AN/AN/A0.10%
Others3.02.74.13.77.2%
Total14.011.817.622.617.3%

Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from China in 2022:

  1. United States (138.9 tons)
  2. Vietnam (74.7 tons)
  3. Japan (59.3 tons)
  4. Indonesia (55.6 tons)
  5. Malaysia (33.1 tons)
  6. United Kingdom (23.9 tons)
  7. Thailand (21.7 tons)
  8. Poland (20.5 tons)
  9. Germany (17.6 tons)
  10. Taiwan (Chinese) (16.0 tons)
  11. Hong Kong SAR (13.5 tons)
  12. Canada (11.6 tons)
  13. Oman (11.4 tons)

Source: IndexBox Market Intelligence Platform

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