Price for Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh - 2022

Contents:

  1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (CIF) - 2022
  2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (FOB) - 2022
  3. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh
  4. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (CIF) - 2022

The average import price for copper; washers, (including spring washers), not threadeds stood at $19,809 per ton in 2022, surging by 62% against the previous year. Over the period under review, the import price saw a prominent increase. Over the period under review, average import prices hit record highs at $24,345 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($72,137 per ton), while the price for India ($11,446 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (FOB) - 2022

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $11,667 per ton, approximately equating the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -54.2% against the previous year. Over the period under review, the average export prices attained the peak figure at $29,952 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh

In 2022, overseas purchases of copper; washers, (including spring washers), not threadeds decreased by -42.3% to 2.8 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 127% against the previous year. As a result, imports reached the peak of 5.4 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; washers, (including spring washers), not threadeds shrank to $56K in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $60K, and then shrank in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.221.819.419.2152.0%
Netherlands17.54.28.514.6-5.9%
Finland7.36.06.78.44.8%
China1.12.217.46.076.0%
Japan10.96.45.03.5-31.5%
Germany2.45.90.21.2-20.6%
Others5.72.22.93.4-15.8%
Total46.148.760.156.26.8%

Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Bangladesh in 2022:

  1. India (1674.0 kg)
  2. China (447.0 kg)
  3. Netherlands (420.0 kg)
  4. Finland (117.0 kg)
  5. Japan (105.0 kg)
  6. Germany (33.0 kg)

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh

After two years of decline, shipments abroad of copper; washers, (including spring washers), not threadeds decreased by 0% to 3 kg in 2022. Overall, exports showed a sharp decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of copper; washers, (including spring washers), not threadeds totaled $35 in 2022. In general, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2020.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A35.00%
China96.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total96.0N/AN/A35.0-28.6%

Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Bangladesh in 2022:

  1. Canada (3.0 kg)

Source: IndexBox Market Intelligence Platform

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