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

Contents:

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

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Sweden (CIF) - 2022

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $18,169 per ton, surging by 11% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; washers, (including spring washers), not threadeds increased by +16.1% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 50%. The import price peaked at $22,291 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 ($282,240 per ton), while the price for Germany ($8,352 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 (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $120K per ton in October 2023, picking up by 38% against the previous month. Overall, export price indicated a resilient expansion from October 2022 to October 2023: its price increased at an average monthly rate of +8.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for copper; washers, (including spring washers), not threadeds increased by +39.8% against August 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 91% m-o-m. Over the period under review, the average export prices hit record highs in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was India ($384K per ton), while the average price for exports to Norway ($30,082 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of copper; washers, (including spring washers), not threadeds into Sweden surged to 99 tons, with an increase of 47% against 2021 figures. In general, imports continue to indicate a significant increase. 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 $1.8M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34942053560320.0%
United States11384.682.950064.2%
China1551741532069.9%
India71.350.280.099.411.7%
Belgium9.27.810.477.7103.6%
Taiwan (Chinese)38.145.649.244.95.6%
Denmark10773.629.936.7-30.0%
Norway59.25.27.26.7-51.6%
Others81.099.715121638.7%
Total9829611,0991,79122.2%

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

  1. Germany (72.1 tons)
  2. India (5.8 tons)
  3. Taiwan (Chinese) (5.1 tons)
  4. China (4.2 tons)
  5. Denmark (2.3 tons)
  6. Belgium (1.9 tons)
  7. United States (1.8 tons)
  8. Norway (0.1 tons)

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

Exports of copper; washers, (including spring washers), not threadeds from Sweden skyrocketed to 27 tons in 2022, rising by 27% compared with 2021. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; washers, (including spring washers), not threadeds surged to $1.1M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States97.795.481.718122.8%
Brazil9.511.133.8107124.2%
Poland10364.551.599.8-1.0%
China73.918520790.06.8%
Norway31.745.246.561.024.4%
France28.127.942.157.026.6%
Denmark52.666.265.745.7-4.6%
Czech Republic85.127.727.841.6-21.2%
Finland18.626.129.331.919.7%
Germany15.923.820.327.520.0%
Austria31.639.119.819.3-15.2%
Estonia19.114.119.910.1-19.1%
Romania14.015.98.89.5-12.1%
Others93.116127436357.4%
Total6748049281,14519.3%

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

  1. United States (7.5 tons)
  2. Brazil (4.6 tons)
  3. Poland (3.1 tons)
  4. Norway (2.4 tons)
  5. China (1.6 tons)
  6. France (1.5 tons)
  7. Czech Republic (1.3 tons)
  8. Denmark (0.8 tons)
  9. Finland (0.6 tons)
  10. Romania (0.3 tons)
  11. Germany (0.3 tons)
  12. Estonia (0.2 tons)
  13. Austria (0.2 tons)

Source: IndexBox Market Intelligence Platform

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