Price for Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia - 2023

Contents:

1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia (CIF) - 2023
2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia (FOB) - 2022
3. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia
4. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Slovakia (CIF) - 2023

In October 2023, the average import price for copper; washers, (including spring washers), not threadeds amounted to $15,723 per ton, shrinking by -40.7% against the previous month. In general, the import price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in September 2023 when the average import price increased by 42% month-to-month. The import price peaked at $26,997 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($50,676 per ton), while the price for the United States ($4,844 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $23,352 per ton in 2022, increasing by 35% against the previous year. In general, the export price, however, recorded a deep contraction. The export price peaked at $46,052 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($49,072 per ton), while the average price for exports to Poland ($9,518 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 Singapore (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; washers, (including spring washers), not threadeds, when their volume decreased by -20% to 66 tons. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports attained the peak of 83 tons, and then shrank markedly in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds declined to $1.6M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 132%. As a result, imports reached the peak of $1.6M, and then declined modestly in the following year.

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

1. Germany (33.5 tons)
2. South Korea (16.2 tons)
3. Poland (5.4 tons)
4. Czech Republic (4.8 tons)
5. Austria (1.6 tons)
6. Taiwan (Chinese) (1.0 tons)

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

In 2022, exports of copper; washers, (including spring washers), not threadeds from Slovakia fell notably to 27 tons, which is down by -40.2% compared with 2021 figures. In general, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 168% against the previous year. As a result, the exports attained the peak of 44 tons, and then shrank sharply in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds declined significantly to $621K in 2022. Overall, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 117%. As a result, the exports attained the peak of $770K, and then plummeted in the following year.

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

1. Poland (3.9 tons)
2. Singapore (3.1 tons)
3. Austria (2.8 tons)
4. France (2.6 tons)
5. Finland (1.7 tons)
6. United Kingdom (1.3 tons)
7. Ireland (1.1 tons)
8. Italy (0.9 tons)
9. Czech Republic (0.9 tons)
10. Canada (0.8 tons)
11. South Africa (0.8 tons)
12. Norway (0.8 tons)
13. Spain (0.7 tons)

Source: IndexBox Market Intelligence Platform