Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea - 2022
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (FOB) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (CIF) - 2022
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (FOB) - 2022
In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $23,868 per ton, which is down by -43.6% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 decreased by -45.6% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 62%. The export price peaked at $43,860 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($50,589 per ton), while the average price for exports to Uzbekistan ($4,261 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 Vietnam (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $34,064 per ton, rising by 4.4% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 decreased by -13.4% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 68% against the previous year. As a result, import price attained the peak level of $44,134 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($116,990 per ton), while the price for India ($8,223 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 (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea
In 2022, approx. 74 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from South Korea; jumping by 134% on the previous year's figure. Overall, exports recorded 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 skyrocketed to $1.8M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 233 | 342 | 900 | 1,116 | 68.6% |
| China | 10.5 | 41.8 | 49.3 | 234 | 181.4% |
| Thailand | 91.9 | 73.0 | 66.2 | 77.8 | -5.4% |
| Indonesia | 151 | 113 | 90.0 | 77.6 | -19.9% |
| Brazil | 39.1 | 59.7 | 68.6 | 70.3 | 21.6% |
| Mexico | N/A | N/A | 1.2 | 70.2 | 5750.0% |
| United States | 48.6 | 19.5 | 20.2 | 52.3 | 2.5% |
| Hong Kong SAR | 2.8 | 79.5 | 1.6 | 19.7 | 91.6% |
| Others | 139 | 286 | 144 | 54.9 | -26.6% |
| Total | 716 | 1,015 | 1,341 | 1,773 | 35.3% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from South Korea in 2022:
- Vietnam (22.1 tons)
- China (16.9 tons)
- Indonesia (8.9 tons)
- Thailand (8.6 tons)
- United States (6.8 tons)
- Brazil (3.7 tons)
- Mexico (2.4 tons)
- Hong Kong SAR (2.2 tons)
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea
After two years of decline, supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by 104% to 40 tons in 2022. Over the period under review, imports, however, showed a noticeable downturn.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded surged to $1.4M in 2022. In general, imports, however, continue to indicate a noticeable downturn.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,228 | 890 | 417 | 809 | -13.0% |
| United States | 113 | 57.4 | 45.7 | 266 | 33.0% |
| India | 22.2 | 18.6 | 22.9 | 90.0 | 59.5% |
| China | 77.9 | 123 | 41.1 | 70.6 | -3.2% |
| Vietnam | 59.2 | 128 | 51.4 | 20.2 | -30.1% |
| Australia | 11.1 | 16.0 | 6.6 | 7.1 | -13.8% |
| Others | 78.0 | 137 | 56.3 | 103 | 9.7% |
| Total | 1,590 | 1,371 | 641 | 1,365 | -5.0% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to South Korea in 2022:
- Germany (21.2 tons)
- India (10.9 tons)
- China (3.5 tons)
- United States (2.3 tons)
- Australia (0.8 tons)
- Vietnam (0.5 tons)
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