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

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $8,537 per ton, picking up by 11% against the previous year. Overall, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 122% against the previous year. As a result, import price attained the peak level of $23,375 per ton. From 2014 to 2022, the average 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 Brazil ($21,116 per ton), while the price for Peru ($2,534 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) (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $15,462 per ton in 2022, growing by 34% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 78%. The export price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +93.5% per year.

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

In 2022, imports of copper; washers, (including spring washers), not threadeds into Ecuador contracted to 12 tons, reducing by -1.8% against the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 82%. As a result, imports reached the peak of 12 tons, and then reduced in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds expanded remarkably to $99K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.49.617.437.812.7%
United States26.817.515.022.2-6.1%
India2.11.40.94.125.0%
Brazil3.42.51.84.05.6%
Germany2.41.02.13.412.3%
Italy2.00.32.63.014.5%
Taiwan (Chinese)0.10.3N/A2.7200.0%
Mexico3.01.08.01.6-18.9%
Peru4.82.25.61.1-38.8%
Others29.419.537.218.8-13.8%
Total10055.390.698.7-0.4%

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

  1. China (5.6 tons)
  2. United States (2.9 tons)
  3. India (0.5 tons)
  4. Peru (0.5 tons)
  5. Italy (0.4 tons)
  6. Taiwan (Chinese) (0.4 tons)
  7. Germany (0.3 tons)
  8. Brazil (0.2 tons)
  9. Mexico (0.2 tons)

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

In 2022, shipments abroad of copper; washers, (including spring washers), not threadeds was finally on the rise to reach 13 kg after two years of decline. In general, exports, however, showed a pronounced setback.

In value terms, exports of copper; washers, (including spring washers), not threadeds skyrocketed to $201 in 2022. Over the period under review, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A2010%
BelgiumN/A6.0N/AN/A0%
PeruN/AN/A23.0N/A0%
United StatesN/A131N/AN/A0%
Mexico81.0N/AN/AN/A0%
Others43.0N/AN/AN/A0%
Total12413723.020117.5%

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

  1. Colombia (13.0 kg)

Source: IndexBox Market Intelligence Platform

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