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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $22,418 per ton in 2022, falling by -49.3% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 106%. As a result, import price attained the peak level of $44,181 per ton, and then shrank rapidly in the following year.

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 Arab Emirates ($169,833 per ton), while the price for China ($4,109 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 Arab Emirates (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $3,286 per ton, reducing by -24.6% against the previous year. Overall, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 228% against the previous year. As a result, the export price reached the peak level of $30,459 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to -9.8% per year.

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

In 2022, purchases abroad of copper; washers, (including spring washers), not threadeds was finally on the rise to reach 261 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $5.9K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy48681.03842,63675.7%
United Arab Emirates9296769861,0193.1%
United States30144873480038.5%
China76.095.012.048986.0%
Netherlands39027137.0287-9.7%
France39.018820721476.4%
Turkey282112147129-22.9%
Taiwan (Chinese)47.066.098.098.027.8%
SpainN/A36.0N/AN/A0%
Others781797576179-38.8%
Total3,3312,7703,1815,85120.7%

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

  1. China (119.0 kg)
  2. Italy (72.0 kg)
  3. France (26.0 kg)
  4. United States (15.0 kg)
  5. Taiwan (Chinese) (6.0 kg)
  6. United Arab Emirates (6.0 kg)
  7. Netherlands (5.0 kg)
  8. Turkey (4.0 kg)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of copper; washers, (including spring washers), not threadeds, when their volume decreased by -11.5% to 255 kg. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. As a result, the exports reached the peak of 288 kg, and then contracted in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds shrank notably to $838 in 2022. Over the period under review, exports recorded a deep slump. The smallest decline of -4.3% was in 2020.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo1.41.41.30.8-17.0%
OthersN/AN/AN/AN/A0%
Total1.41.41.30.8-17.0%

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

  1. Congo (254.0 kg)

Source: IndexBox Market Intelligence Platform

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