Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria - 2023
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $45,678 per ton, picking up by 418% against the previous year. Overall, the import price enjoyed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($60,888 per ton), while the price for France ($2,696 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+202.7%), 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 Nigeria (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $14,111 per ton in 2022, rising by 66% against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 158% against the previous year. The export price peaked at $25,759 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +966.9% per year.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria
In 2022, overseas purchases of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -88.2% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 912%.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded contracted notably to $59K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 645%. As a result, imports attained the peak of $122K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 1.2 | 0.5 | 47.7 | 392.2% |
| Singapore | N/A | N/A | 0.3 | 5.5 | 1733.3% |
| United States | 3.9 | 42.6 | 0.8 | 3.7 | -1.7% |
| Germany | 3.1 | 70.8 | 85.1 | 1.4 | -23.3% |
| India | N/A | N/A | N/A | 0.5 | 0% |
| France | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Trinidad and Tobago | N/A | N/A | N/A | 0.1 | 0% |
| Greece | N/A | N/A | 2.8 | N/A | 0% |
| United Arab Emirates | 2.4 | 0.6 | 4.4 | N/A | 35.4% |
| Others | 6.5 | 6.8 | 2.8 | 0.5 | -57.5% |
| Total | 16.4 | 122 | 96.8 | 59.4 | 53.6% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Nigeria in 2022:
- China (784.0 kg)
- United States (178.0 kg)
- Germany (146.0 kg)
- Singapore (105.0 kg)
- Trinidad and Tobago (31.0 kg)
- India (23.0 kg)
- France (23.0 kg)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria
Exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Nigeria surged to 9 kg in 2022, rising by 350% compared with the previous year. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,800% against the previous year. As a result, the exports attained the peak of 158 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded surged to $127 in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 9,365%. As a result, the exports attained the peak of $4.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 43.0 | 1,442 | 17.0 | 127 | 43.5% |
| Mozambique | N/A | 21.0 | N/A | N/A | 0% |
| Cameroon | N/A | 2,159 | N/A | N/A | 0% |
| Others | N/A | 448 | N/A | N/A | 0% |
| Total | 43.0 | 4,070 | 17.0 | 127 | 43.5% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Nigeria in 2022:
- Cote d'Ivoire (9.0 kg)
262
This report provides an in-depth analysis of the copper washer market in Nigeria.
328
This report provides an in-depth analysis of the copper screw market in Nigeria.
327
This report provides an in-depth analysis of the threaded copper articles market in Nigeria.
1646
This report provides an in-depth analysis of the nail and bolt market in Nigeria.
366
Global Copper Washer Market Report 2018. This report provides an in-depth analysis of the global copper washer market.
398
This report provides an in-depth analysis of the global copper screw market.
460
This report provides an in-depth analysis of the global threaded copper articles market.
2298
This report provides an in-depth analysis of the global nail and bolt market.
262
This report provides an in-depth analysis of the copper washer market in Nigeria.
328
This report provides an in-depth analysis of the copper screw market in Nigeria.
190
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
5649
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
854
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
1379
In value terms, screws, bolts, nuts, coach screws exports stood at $X in 2016. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports value increased at an average annual ...
865
In value terms, copper, nails, tacks, drawing pins, staples exports totaled $X in 2016. In general, copper, nails, tacks, drawing pins, staples exports continue to indicate a relatively flat trend ...
841
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
1942
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
