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

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $20,588 per ton, falling by -27.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $28,285 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($36,015 per ton), while the price for India ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $42,840 per ton in 2022, declining by -30.7% against the previous year. Overall, the export price, however, continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 an increase of 45%. Over the period under review, the average export prices attained the maximum at $61,822 per ton in 2021, and then contracted notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($129,563 per ton), while the average price for exports to the United Arab Emirates ($10,980 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 India (+54.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of copper; washers, (including spring washers), not threadeds into Finland soared to 24 tons in 2022, increasing by 81% against 2021. Overall, imports continue to indicate a prominent expansion. 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 skyrocketed to $489K in 2022. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany360187204258-10.5%
China36.734.941.878.729.0%
Netherlands2.916.517.446.2151.6%
Sweden18.229.027.332.821.7%
Taiwan (Chinese)5.711.612.87.38.6%
Others39.422.667.866.619.1%
Total4633023714891.8%

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

  1. Germany (11.2 tons)
  2. China (7.4 tons)
  3. Netherlands (2.2 tons)
  4. Sweden (0.9 tons)
  5. Taiwan (Chinese) (0.7 tons)

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

In 2022, exports of copper; washers, (including spring washers), not threadeds from Finland rose sharply to 3 tons, increasing by 5.9% against 2021 figures. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of copper; washers, (including spring washers), not threadeds shrank notably to $128K in 2022. Overall, exports, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $175K, and then fell rapidly in the following year.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland59.767.967.152.5-4.2%
Netherlands11.89.713.423.225.3%
Sweden26.011.910.013.3-20.0%
Estonia10.310.78.79.3-3.3%
Russia8.415.945.34.4-19.4%
Lithuania3.53.22.74.15.4%
Latvia5.03.53.33.9-7.9%
India0.81.00.52.648.1%
United Arab Emirates1.10.90.20.5-23.1%
France2.42.10.50.4-45.0%
Others17.78.523.013.9-7.7%
Total147135175128-4.5%

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

  1. Netherlands (1043.0 kg)
  2. Poland (973.0 kg)
  3. Estonia (292.0 kg)
  4. Sweden (236.0 kg)
  5. Latvia (79.0 kg)
  6. United Arab Emirates (49.0 kg)
  7. India (49.0 kg)
  8. Russia (40.0 kg)
  9. Lithuania (32.0 kg)
  10. France (15.0 kg)

Source: IndexBox Market Intelligence Platform

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