Price for Copper; Washers, (Including Spring Washers), Not Threaded in Canada - 2023

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $6,384 per ton in 2022, jumping by 45% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.6% 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; washers, (including spring washers), not threadeds increased by +100.0% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($12,421 per ton), while the price for Japan ($2,691 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 (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $44,123 per ton in 2022, rising by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($43,794 per ton), while the average price for exports to Australia ($43,770 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 Romania (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Canada dropped slightly to 671 tons, shrinking by -4% compared with the year before. Overall, imports showed a abrupt curtailment.

In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $4.3M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,6391,9591,4511,9445.9%
China7236174648616.0%
Germany2451712022541.2%
Taiwan (Chinese)12281.21031404.7%
Japan84.674.311012012.4%
Italy76.825.262.064.0-5.9%
Others9691,007677900-2.4%
Total3,8593,9343,0684,2833.5%

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

  1. United States (277.3 tons)
  2. China (203.4 tons)
  3. Germany (82.8 tons)
  4. Japan (44.6 tons)
  5. Italy (14.6 tons)
  6. Taiwan (Chinese) (11.2 tons)

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

Exports of copper; washers, (including spring washers), not threadeds from Canada surged to 14 tons in 2022, increasing by 20% against 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $633K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23619044453231.1%
RomaniaN/AN/AN/A31.90%
Australia10.511.89.710.50.0%
United Kingdom16.112.18.16.9-24.6%
Belgium6.75.612.06.80.5%
Mexico10.312.25.43.7-28.9%
Others31.146.837.941.39.9%
Total31127851763326.7%

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

  1. United States (12.2 tons)
  2. Romania (0.7 tons)
  3. Australia (0.2 tons)
  4. United Kingdom (0.2 tons)
  5. Belgium (0.2 tons)
  6. Mexico (0.1 tons)

Source: IndexBox Market Intelligence Platform

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