Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar - 2023
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar (CIF) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar (CIF) - 2022
The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $4,910 per ton in 2022, with a decrease of -36.4% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 99%. The import price peaked at $24,883 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 China ($17,222 per ton), while the price for Brazil ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced a decline.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar
In 2022, overseas purchases of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -1.3% to 974 kg, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 1.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded declined remarkably to $4.8K in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.6 | 1.3 | 1.6 | 2.6 | 63.0% |
| Taiwan (Chinese) | 2.4 | 3.2 | 2.6 | 1.3 | -18.5% |
| China | 0.1 | 0.8 | 1.0 | 0.3 | 44.2% |
| Singapore | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Others | 1.2 | 0.6 | 2.4 | 0.5 | -25.3% |
| Total | 4.3 | 6.2 | 7.6 | 4.8 | 3.7% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Myanmar in 2022:
- Thailand (712.0 kg)
- Taiwan (Chinese) (225.0 kg)
- China (18.0 kg)
- Singapore (1.0 kg)
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