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

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $18,093 per ton, with a decrease of -17.5% against the previous year. In general, the import price saw a pronounced reduction. The growth pace was the most rapid in 2016 an increase of 161% against the previous year. As a result, import price reached the peak level of $38,071 per ton. From 2017 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 Italy ($201,087 per ton), while the price for Taiwan (Chinese) ($6,276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $4,700 per ton in 2022, shrinking by -7.7% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,347 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($11,000 per ton), while the average price for exports to the United Arab Emirates ($1,000 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 Kazakhstan (+54.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of copper; washers, (including spring washers), not threadeds increased by 802% to 4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a prominent 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 $73K in 2022. Overall, imports saw a buoyant expansion. 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 Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.20.11.121.3160.9%
United Arab Emirates22.34.03.415.1-12.2%
Italy4.11.01.713.950.2%
Turkey3.81.40.23.5-2.7%
India2.60.50.63.27.2%
Germany5.60.70.22.5-23.6%
France3.40.70.21.1-31.4%
Taiwan (Chinese)2.10.30.21.0-21.9%
Others11.72.12.211.2-1.4%
Total56.710.99.872.88.7%

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

  1. China (2804.0 kg)
  2. India (330.0 kg)
  3. Turkey (312.0 kg)
  4. United Arab Emirates (239.0 kg)
  5. Taiwan (Chinese) (152.0 kg)
  6. Italy (69.0 kg)
  7. Germany (21.0 kg)
  8. France (18.0 kg)

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

In 2022, shipments abroad of copper; washers, (including spring washers), not threadeds decreased by -9.1% to 10 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 9.1% against the previous year. As a result, the exports attained the peak of 12 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; washers, (including spring washers), not threadeds fell dramatically to $47 in 2022. In general, exports saw a abrupt decrease. The smallest decline of -15.2% was in 2021.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan3.06.010.033.0122.4%
Georgia66.010.016.08.0-50.5%
Azerbaijan7.05.024.03.0-24.6%
TurkeyN/A21.05.02.0-69.1%
United Arab Emirates1.01.01.01.00.0%
Sri Lanka1.0N/AN/AN/A0%
AfghanistanN/A23.0N/AN/A0%
Others2.0N/AN/AN/A0%
Total80.066.056.047.0-16.2%

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

  1. Georgia (4.0 kg)
  2. Kazakhstan (3.0 kg)
  3. Turkey (1.0 kg)
  4. United Arab Emirates (1.0 kg)
  5. Azerbaijan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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