Price for Copper; Washers, (Including Spring Washers), Not Threaded in India - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in India (FOB) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in India (CIF) - 2022
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in India
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in India
Price for Copper; Washers, (Including Spring Washers), Not Threaded in India (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $18,089 per ton, jumping by 47% against the previous year. Over the period under review, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($25,716 per ton), while the average price for exports to Bangladesh ($5,614 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 Germany (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in India (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $20,878 per ton, growing by 3.9% against the previous year. In general, the import price showed a resilient expansion. The growth pace was the most rapid in 2021 when the average import price increased by 130%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 the United States ($83,210 per ton), while the price for China ($3,981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in India
In 2022, overseas shipments of copper; washers, (including spring washers), not threadeds decreased by -18% to 206 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of 252 tons, and then fell rapidly in the following year.
In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $3.7M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 71%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Export of Copper; Washers, (Including Spring Washers), Not Threaded in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 854 | 791 | 1,319 | 2,219 | 37.5% |
Germany | 142 | 192 | 265 | 349 | 35.0% |
Italy | 34.6 | 88.0 | 118 | 131 | 55.9% |
United Kingdom | 177 | 142 | 132 | 99.5 | -17.5% |
United Arab Emirates | 88.1 | 40.0 | 96.7 | 89.9 | 0.7% |
Sweden | 63.3 | 38.3 | 41.4 | 72.5 | 4.6% |
Mexico | 2.6 | 0.5 | 45.6 | 69.0 | 198.3% |
Poland | 60.7 | 37.6 | 84.0 | 68.9 | 4.3% |
Indonesia | 11.7 | 3.3 | 23.5 | 49.3 | 61.5% |
Australia | 43.4 | 5.9 | 13.8 | 46.6 | 2.4% |
South Africa | 38.5 | 24.2 | 30.6 | 45.9 | 6.0% |
Egypt | 15.3 | 40.6 | 29.9 | 32.5 | 28.5% |
Bangladesh | 1.3 | 31.6 | 22.1 | 24.1 | 164.7% |
Others | 384 | 369 | 872 | 434 | 4.2% |
Total | 1,917 | 1,804 | 3,093 | 3,731 | 24.9% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from India in 2022:
- United States (108.9 tons)
- Germany (13.6 tons)
- United Arab Emirates (12.4 tons)
- United Kingdom (7.8 tons)
- Indonesia (6.5 tons)
- Italy (6.2 tons)
- Sweden (4.5 tons)
- Bangladesh (4.3 tons)
- South Africa (4.3 tons)
- Egypt (4.3 tons)
- Mexico (3.7 tons)
- Australia (3.6 tons)
- Poland (3.4 tons)
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in India
In 2022, overseas purchases of copper; washers, (including spring washers), not threadeds were finally on the rise to reach 65 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $1.4M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 121%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
Import of Copper; Washers, (Including Spring Washers), Not Threaded in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 95.1 | 84.0 | 364 | 541 | 78.5% |
South Korea | 36.5 | 30.4 | 79.1 | 162 | 64.3% |
United States | 45.9 | 49.3 | 120 | 154 | 49.7% |
United Kingdom | 220 | 115 | 180 | 113 | -19.9% |
China | 9.7 | 28.5 | 62.3 | 111 | 125.3% |
Netherlands | 6.4 | 14.0 | 16.1 | 66.3 | 118.0% |
Singapore | 21.5 | 6.2 | 29.4 | 46.7 | 29.5% |
Japan | 7.3 | 12.5 | 15.9 | 34.5 | 67.8% |
Italy | 32.9 | 7.1 | 11.4 | 29.3 | -3.8% |
Thailand | 8.8 | 40.7 | 71.6 | 23.6 | 38.9% |
Belgium | 18.0 | 10.8 | 3.5 | 5.1 | -34.3% |
Others | 22.9 | 54.3 | 48.7 | 70.5 | 45.5% |
Total | 525 | 453 | 1,001 | 1,357 | 37.2% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to India in 2022:
- China (27.8 tons)
- Germany (12.1 tons)
- South Korea (6.3 tons)
- Netherlands (4.3 tons)
- Japan (3.6 tons)
- United States (1.8 tons)
- Singapore (1.8 tons)
- United Kingdom (1.7 tons)
- Thailand (1.2 tons)
- Italy (0.9 tons)
- Belgium (0.1 tons)
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