Price for Copper; Washers, (Including Spring Washers), Not Threaded in Iraq - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $18,049 per ton, waning by -13.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $25,063 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($135,500 per ton), while the price for China ($8,516 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (FOB) - 2022
In 2021, the average export price for copper; washers, (including spring washers), not threadeds amounted to $13,250 per ton, falling by -22.1% against the previous year. Over the period under review, the export price continues to indicate a sharp downturn. Over the period under review, the average export prices attained the peak figure at $17,000 per ton in 2020, and then fell rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2020 to 2021, the rate of growth in terms of prices for Angola amounted to 0.0% per year.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq
In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Iraq soared to 2.1 tons, jumping by 48% compared with the year before. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $37K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +90.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 14.3 | 0% |
| China | 0.7 | 0.2 | 2.4 | 9.2 | 136.0% |
| United Arab Emirates | 8.3 | 10.6 | 21.0 | 8.5 | 0.8% |
| Netherlands | 0.4 | 0.4 | 0.1 | 1.4 | 51.8% |
| Germany | 12.3 | 4.3 | 2.8 | 1.4 | -51.5% |
| Turkey | 0.2 | 0.7 | 1.1 | 0.8 | 58.7% |
| South Africa | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| India | 1.0 | 0.4 | 0.4 | 0.1 | -53.6% |
| Others | 5.6 | 2.4 | 0.8 | 1.0 | -43.7% |
| Total | 29.1 | 19.6 | 29.3 | 37.4 | 8.7% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Iraq in 2022:
- China (1084.0 kg)
- United States (481.0 kg)
- United Arab Emirates (345.0 kg)
- Turkey (64.0 kg)
- Netherlands (47.0 kg)
- South Africa (29.0 kg)
- Germany (10.0 kg)
- India (4.0 kg)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq
In 2021, exports of copper; washers, (including spring washers), not threadeds from Iraq surged to 4 kg, growing by 300% compared with 2020 figures. Over the period under review, 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 $53 in 2021. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Iraq (USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Colombia | N/A | 53.0 | 0% |
| Angola | 17.0 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 17.0 | 53.0 | 211.8% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Iraq in 2022:
- Colombia (4.0 kg)
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