Price for Copper; Washers, (Including Spring Washers), Not Threaded in Mexico - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $10,832 per ton, falling by -2% against the previous year. In general, the import price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. Over the period under review, average import prices reached the maximum at $26,980 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($31,409 per ton), while the price for Taiwan (Chinese) ($5,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $12,100 per ton in 2022, falling by -51.3% against the previous year. Overall, the export price, however, saw a slight expansion. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. Over the period under review, the average export prices hit record highs at $41,291 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico
For the fourth year in a row, Mexico recorded growth in overseas purchases of copper; washers, (including spring washers), not threadeds, which increased by 21% to 1.4K tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 5.9 | 7.5 | 9.0 | 9.3% |
| China | 2.4 | 1.4 | 2.3 | 2.5 | 1.4% |
| Germany | 0.7 | 0.6 | 0.6 | 0.9 | 8.7% |
| South Korea | 1.0 | 0.9 | 0.6 | 0.9 | -3.5% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Italy | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| India | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Others | 0.5 | 0.7 | 0.7 | 0.6 | 6.3% |
| Total | 12.3 | 10.2 | 13.1 | 15.5 | 8.0% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Mexico in 2022:
- United States (893.3 tons)
- China (279.1 tons)
- Taiwan (Chinese) (97.2 tons)
- Italy (36.6 tons)
- Germany (35.4 tons)
- India (32.3 tons)
- South Korea (29.7 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico
In 2022, approx. 155 tons of copper; washers, (including spring washers), not threadeds were exported from Mexico; rising by 55% on 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 162%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds fell notably to $1.9M in 2022. Over the period under review, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. As a result, the exports attained the peak of $2.5M, and then contracted rapidly in the following year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 1.3 | 2.5 | 1.9 | -4.8% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.3 | 1.4 | 2.5 | 1.9 | -6.2% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Mexico in 2022:
- United States (153.7 tons)
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