Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Africa - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa
Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $13,660 per ton, rising by 20% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. As a result, import price reached the peak level of $18,194 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,682 per ton), while the price for the Philippines ($238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $16,317 per ton, growing by 19% against the previous year. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 145% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($29,776 per ton), while the average price for exports to Seychelles ($3,143 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 Cote d'Ivoire (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa
In 2022, approx. 63 tons of copper; washers, (including spring washers), not threadeds were imported into South Africa; waning by -12.9% against the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +55.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, imports attained the peak of 72 tons, and then reduced in the following year.
In value terms, imports of copper; washers, (including spring washers), not threadeds rose to $856K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 104 | 93.7 | 161 | 191 | 22.5% |
| New Zealand | 109 | 150 | 105 | 167 | 15.3% |
| Taiwan (Chinese) | 91.9 | 96.2 | 153 | 134 | 13.4% |
| Germany | 65.0 | 57.5 | 93.8 | 91.3 | 12.0% |
| India | 50.2 | 24.5 | 80.9 | 68.3 | 10.8% |
| United States | 130 | 65.4 | 66.5 | 55.0 | -24.9% |
| Philippines | N/A | N/A | N/A | 0.7 | 0% |
| Others | 94.7 | 129 | 157 | 149 | 16.3% |
| Total | 645 | 616 | 816 | 856 | 9.9% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to South Africa in 2022:
- China (26.6 tons)
- Taiwan (Chinese) (8.3 tons)
- India (7.0 tons)
- Germany (5.8 tons)
- New Zealand (5.6 tons)
- Philippines (3.0 tons)
- United States (1.1 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa
In 2022, exports of copper; washers, (including spring washers), not threadeds from South Africa amounted to 19 tons, picking up by 2.9% compared with the previous year. In general, exports, however, recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 6.7%.
In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $313K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 6.2 | 126 | 1932.3% |
| Namibia | 52.3 | 26.8 | 7.5 | 58.8 | 4.0% |
| Botswana | 54.0 | 20.5 | 36.0 | 29.2 | -18.5% |
| Zambia | 90.1 | 39.1 | 30.3 | 22.2 | -37.3% |
| Democratic Republic of the Congo | 11.9 | 0.6 | 2.9 | 5.6 | -22.2% |
| Mozambique | 4.9 | 8.1 | 2.0 | 5.6 | 4.6% |
| Swaziland | 7.4 | 2.8 | 4.1 | 5.2 | -11.1% |
| Seychelles | N/A | N/A | N/A | 1.6 | 0% |
| Lesotho | 12.3 | 4.4 | 2.3 | 0.7 | -61.5% |
| Malawi | 1.9 | 9.4 | N/A | 0.1 | -62.5% |
| Mali | N/A | 53.4 | 62.4 | N/A | 16.9% |
| United Arab Emirates | 8.7 | N/A | 32.7 | N/A | 93.9% |
| Others | 20.4 | 9.9 | 70.0 | 58.5 | 42.1% |
| Total | 264 | 175 | 257 | 313 | 5.8% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from South Africa in 2022:
- Saudi Arabia (8.9 tons)
- Botswana (2.6 tons)
- Namibia (2.0 tons)
- Swaziland (1.3 tons)
- Zambia (0.7 tons)
- Seychelles (0.5 tons)
- Democratic Republic of the Congo (0.5 tons)
- Mozambique (0.5 tons)
- Lesotho (0.2 tons)
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