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

Contents:

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

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

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $23,668 per ton in 2022, increasing by 47% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($81,553 per ton), while the price for China ($5,466 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) (+17.4%), 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 South Africa (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $8,140 per ton in 2022, picking up by 53% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($15,787 per ton), while the average price for exports to Lesotho ($1,010 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 India (+71.2%), 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 South Africa

Imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into South Africa reduced to 27 tons in 2022, declining by -6.5% compared with 2021. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 28 tons, and then fell in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $629K in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 86% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15095.817032729.7%
China10266.812071.9-11.0%
France25.92.720.049.824.3%
United States76.317.023.435.8-22.3%
India5.91.67.032.576.6%
CanadaN/A12.112.614.59.5%
Taiwan (Chinese)4.920.111.111.733.7%
ThailandN/AN/AN/A10.10%
Others55.430.494.276.411.3%
Total42024645862914.4%

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

  1. China (13.1 tons)
  2. Germany (5.8 tons)
  3. Canada (2.5 tons)
  4. India (2.3 tons)
  5. France (0.6 tons)
  6. Thailand (0.4 tons)
  7. United States (0.3 tons)
  8. Taiwan (Chinese) (0.2 tons)

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

In 2022, approx. 31 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from South Africa; picking up by 14% compared with 2021. Overall, exports saw a relatively flat trend pattern. 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 skyrocketed to $255K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1040%
Mozambique50.651.568.074.613.8%
Botswana3.51.72.621.081.7%
Namibia9.79.95.316.318.9%
Zimbabwe8.68.51.811.610.5%
Lesotho11.66.27.28.2-10.9%
Swaziland17.110.944.63.1-43.4%
Others15.331.816.116.01.5%
Total11612114625530.0%

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

  1. Lesotho (8.1 tons)
  2. India (7.1 tons)
  3. Botswana (5.1 tons)
  4. Mozambique (4.7 tons)
  5. Zimbabwe (2.3 tons)
  6. Namibia (1.9 tons)
  7. Swaziland (0.8 tons)

Source: IndexBox Market Intelligence Platform

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