Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $8,202 per ton, falling by -9.1% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by +44.0% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the peak figure at $11,367 per ton in 2016; however, from 2017 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 Hong Kong SAR ($22,035 per ton), while the price for China ($7,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), 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 Pakistan (FOB) - 2022

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $5,725 per ton, shrinking by -50.3% against the previous year. Overall, the export price, however, continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2015 an increase of 24%. The export price peaked at $11,527 per ton in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($32,167 per ton), while the average price for exports to the United Arab Emirates ($437 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 Saudi Arabia (+22.0%), 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 Pakistan

In 2022, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Pakistan declined slightly to 26 tons, reducing by -3.3% compared with the previous year's figure. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 103%. As a result, imports reached the peak of 27 tons, and then dropped modestly in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded fell to $211K in 2022. Overall, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 109% against the previous year. As a result, imports attained the peak of $240K, and then dropped in the following year.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)11472.620616914.0%
Hong Kong SAR11.96.22.910.6-3.8%
China10.26.714.49.3-3.0%
United Arab Emirates3.718.1N/A9.034.5%
Germany5.92.05.91.4-38.1%
Others10.59.110.611.11.9%
Total15611524021110.6%

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

  1. Taiwan (Chinese) (21.9 tons)
  2. China (1.2 tons)
  3. United Arab Emirates (1.0 tons)
  4. Hong Kong SAR (0.5 tons)
  5. Germany (0.1 tons)

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

Exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Pakistan surged to 338 kg in 2022, picking up by 68% on the previous year. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded contracted significantly to $1.9K in 2022. In general, exports, however, saw a abrupt slump.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Pakistan (USD)
COUNTRY20212022CAGR,
2021-2022
Saudi Arabia77.0530588.3%
United States1,812507-72.0%
Germany110360227.3%
South Africa58.0193232.8%
United Kingdom51.0135164.7%
United Arab Emirates26.076.0192.3%
Sri LankaN/A41.00%
Others18393.0-49.2%
Total2,3171,935-16.5%

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

  1. United Arab Emirates (174.0 kg)
  2. United States (52.0 kg)
  3. United Kingdom (41.0 kg)
  4. Saudi Arabia (30.0 kg)
  5. Germany (26.0 kg)
  6. Sri Lanka (8.0 kg)
  7. South Africa (6.0 kg)

Source: IndexBox Market Intelligence Platform

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