Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ethiopia - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ethiopia (CIF) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Ethiopia
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ethiopia (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $8,963 per ton in 2022, picking up by 30% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The import price peaked at $15,812 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Germany ($11,194 per ton), while the price for Kenya ($2,325 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Ethiopia
In 2022, supplies from abroad of copper; washers, (including spring washers), not threadeds was finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $11K in 2022. Over the period under review, imports posted significant growth. 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 Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 15.0 | 9.0 | 9,717 | 785.4% |
| Germany | 13.0 | 24.0 | 18.0 | 403 | 214.1% |
| Japan | 8.0 | 1.0 | 43.0 | 399 | 268.1% |
| Italy | 13.0 | 22.0 | 32.0 | 374 | 206.4% |
| India | 86.0 | 226 | 24.0 | 234 | 39.6% |
| United States | 61.0 | 64.0 | 43.0 | 150 | 35.0% |
| Kenya | N/A | N/A | 14.0 | 93.0 | 564.3% |
| United Arab Emirates | 362 | 361 | 167 | N/A | -32.1% |
| Czech Republic | 84.0 | 4.0 | N/A | N/A | -95.2% |
| Others | 280 | 258 | 97.0 | 85.0 | -32.8% |
| Total | 921 | 975 | 447 | 11,455 | 131.7% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Ethiopia in 2022:
- China (963.0 kg)
- India (90.0 kg)
- Italy (62.0 kg)
- Japan (60.0 kg)
- Kenya (40.0 kg)
- Germany (36.0 kg)
- United States (15.0 kg)
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