Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ghana - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ghana (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ghana (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Ghana
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Ghana
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ghana (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $2,148 per ton in 2022, waning by -52.7% against the previous year. Overall, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of 394% against the previous year. As a result, import price attained the peak level of $13,946 per ton. From 2014 to 2022, the average import prices remained 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 Belgium ($15,258 per ton), while the price for South Korea ($664 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Ghana (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $4,029 per ton, shrinking by -16.1% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2015 when the average export price increased by 5,044% against the previous year. As a result, the export price attained the peak level of $463,000 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($6,400 per ton), while the average price for exports to Senegal amounted to $3,633 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-6.5%).
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Ghana
In 2022, imports of copper; washers, (including spring washers), not threadeds into Ghana surged to 141 tons, with an increase of 1,329% on the previous year's figure. In general, imports saw a significant increase. 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 $303K in 2022. Over the period under review, imports saw significant growth. 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | N/A | 4.7 | 58.8 | 219.7% |
| South Korea | 0.1 | N/A | N/A | 44.4 | 662.9% |
| Belgium | 0.2 | N/A | 3.3 | 39.7 | 483.3% |
| China | 3.8 | N/A | 4.9 | 35.3 | 110.2% |
| United Kingdom | 0.3 | N/A | 1.7 | 23.4 | 327.3% |
| Bulgaria | N/A | N/A | N/A | 18.8 | 0% |
| India | 0.1 | N/A | 1.4 | 6.2 | 295.8% |
| Sweden | 0.1 | N/A | 0.9 | 5.5 | 280.3% |
| United Arab Emirates | 0.1 | N/A | 0.3 | 3.6 | 230.2% |
| Turkey | 6.5 | N/A | 3.2 | 3.4 | -19.4% |
| Others | 6.3 | N/A | 24.4 | 63.9 | 116.5% |
| Total | 19.4 | N/A | 44.9 | 303 | 150.0% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Ghana in 2022:
- South Korea (66.8 tons)
- China (25.2 tons)
- Bulgaria (10.1 tons)
- United States (7.6 tons)
- United Kingdom (7.3 tons)
- United Arab Emirates (5.4 tons)
- India (3.1 tons)
- Belgium (2.6 tons)
- Sweden (2.2 tons)
- Turkey (1.4 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Ghana
In 2022, approx. 35 kg of copper; washers, (including spring washers), not threadeds were exported from Ghana; rising by 75% on the year before. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds surged to $141 in 2022. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +46.9% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Ghana (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Senegal | N/A | 109 | 0% |
| Belgium | 51.0 | 32.0 | -37.3% |
| Sweden | 45.0 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 96.0 | 141 | 46.9% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Ghana in 2022:
- Senegal (30.0 kg)
- Belgium (5.0 kg)
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