Price for Copper; Washers, (Including Spring Washers), Not Threaded in Kenya - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Kenya (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Kenya (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Kenya
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Kenya
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Kenya (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $6,779 per ton in 2022, which is down by -17.1% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 129%. As a result, import price reached the peak level of $13,664 per ton. From 2019 to 2022, the average import prices remained at a 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 the United States ($32,394 per ton), while the price for India ($4,320 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+1,238.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Kenya (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $2,000 per ton, declining by -62.2% against the previous year. Overall, the export price continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2014 an increase of 82%. As a result, the export price reached the peak level of $47,500 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -11.0% per year.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Kenya
After three years of growth, purchases abroad of copper; washers, (including spring washers), not threadeds decreased by -67.1% to 2.4 tons in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 403%. As a result, imports reached the peak of 7.4 tons, and then fell remarkably in the following year.
In value terms, imports of copper; washers, (including spring washers), not threadeds shrank dramatically to $16K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 443%. As a result, imports reached the peak of $60K, and then reduced dramatically in the following year.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 2.8 | 47.3 | 5.3 | 119.7% |
| China | 5.0 | 3.2 | 1.7 | 4.3 | -4.9% |
| United States | N/A | N/A | 0.2 | 3.5 | 1650.0% |
| South Africa | 0.2 | 0.4 | N/A | 0.6 | 44.2% |
| United Kingdom | N/A | 0.3 | 2.1 | 0.5 | 29.1% |
| United Arab Emirates | 1.0 | 1.6 | 1.5 | N/A | 22.5% |
| Others | 1.8 | 2.9 | 7.4 | 2.3 | 8.5% |
| Total | 8.6 | 11.1 | 60.3 | 16.5 | 24.3% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Kenya in 2022:
- India (1231.0 kg)
- China (859.0 kg)
- United States (109.0 kg)
- United Kingdom (102.0 kg)
- South Africa (68.0 kg)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Kenya
Exports of copper; washers, (including spring washers), not threadeds from Kenya surged to 75 kg in 2022, rising by 341% against the previous year. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $150 in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 210%. Over the period under review, the exports of reached 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 Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | N/A | N/A | N/A | 150 | 0% |
| Tanzania | 1.0 | 2.0 | 33.0 | N/A | 474.5% |
| Others | 18.0 | 27.0 | 57.0 | N/A | 78.0% |
| Total | 19.0 | 29.0 | 90.0 | 150 | 99.1% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Kenya in 2022:
- Rwanda (75.0 kg)
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