Price for Copper; Washers, (Including Spring Washers), Not Threaded in Saudi Arabia - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Saudi Arabia (CIF) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Saudi Arabia
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Saudi Arabia (CIF) - 2022
In 2021, the average import price for copper; washers, (including spring washers), not threadeds amounted to $6,156 per ton, with a decrease of -6.9% against the previous year. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 2.3%. As a result, import price reached the peak level of $9,647 per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($9,194 per ton), while the price for Germany stood at $2,433 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Saudi Arabia
In 2021, imports of copper; washers, (including spring washers), not threadeds into Saudi Arabia surged to 644 tons, with an increase of 50% compared with the previous year. Overall, total imports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +50.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $4M in 2021. Over the period under review, total imports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +39.7% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Saudi Arabia (Million USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| India | 1.9 | 2.6 | 36.8% |
| Germany | N/A | 0.3 | 0% |
| China | 0.3 | N/A | 0% |
| Others | 0.7 | 1.0 | 42.9% |
| Total | 2.8 | 4.0 | 42.9% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Saudi Arabia in 2022:
- India (288.0 tons)
- Germany (140.4 tons)
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