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

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $7,975 per ton, falling by -26% against the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 113%. Over the period under review, average import prices attained the peak figure at $21,598 per ton in 2012; however, from 2013 to 2022, 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 Thailand ($122,592 per ton), while the price for China ($2,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+235.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $202 per ton in 2022, dropping by -99.6% against the previous year. Over the period under review, the export price saw a dramatic setback. The growth pace was the most rapid in 2015 an increase of 177% against the previous year. Over the period under review, the average export prices attained the peak figure at $48,857 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +0.4% per year.

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Tanzania skyrocketed to 8.1 tons, jumping by 114% compared with the previous year. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of copper; washers, (including spring washers), not threadeds soared to $65K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 93%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A15.90%
China20.03.42.313.5-12.3%
Germany0.30.40.92.8110.5%
France0.32.31.72.191.3%
India0.63.62.42.049.4%
United Arab Emirates0.226.1N/A1.071.0%
Others10.024.533.627.439.9%
Total31.360.440.864.627.3%

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

  1. China (6.4 tons)
  2. India (0.5 tons)
  3. France (0.4 tons)
  4. United Arab Emirates (0.2 tons)
  5. Germany (0.2 tons)
  6. Thailand (0.1 tons)

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

Exports of copper; washers, (including spring washers), not threadeds from Tanzania soared to 89 kg in 2022, rising by 1,171% compared with the previous year's figure. Overall, exports showed a significant increase. 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 reduced notably to $18 in 2022. Over the period under review, exports, however, faced a sharp descent.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A18.00%
Malawi26.0N/AN/AN/A0%
BelgiumN/AN/A342N/A0%
Others202N/AN/AN/A0%
Total228N/A34218.0-57.1%

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

  1. Democratic Republic of the Congo (89.0 kg)

Source: IndexBox Market Intelligence Platform

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