Price for Copper; Washers, (Including Spring Washers), Not Threaded in Thailand - 2024
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $32,850 per ton, surging by 45% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 67% against the previous year. The import price peaked at $40,421 per ton in 2012; however, from 2013 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 UK ($47,522 per ton), while the price for India ($10,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $62,432 per ton in 2022, with an increase of 74% against the previous year. Overall, the export price enjoyed perceptible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($297,221 per ton), while the average price for exports to Lao People's Democratic Republic ($10,752 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 Papua New Guinea (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand
In 2022, supplies from abroad of copper; washers, (including spring washers), not threadeds decreased by -52.5% to 85 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 28%. As a result, imports reached the peak of 186 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; washers, (including spring washers), not threadeds dropped rapidly to $2.8M in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $4.1M, and then contracted rapidly in the following year.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,157 | 862 | 1,233 | 1,111 | -1.3% |
| China | 1,392 | 1,342 | 1,614 | 1,010 | -10.1% |
| United Kingdom | 67.4 | 63.8 | 117 | 136 | 26.4% |
| Germany | 67.3 | 57.8 | 121 | 118 | 20.6% |
| South Korea | 202 | 144 | 188 | 116 | -16.9% |
| Taiwan (Chinese) | 235 | 419 | 41.6 | 18.5 | -57.1% |
| India | 244 | 247 | 518 | 10.4 | -65.1% |
| Others | 155 | 191 | 248 | 281 | 21.9% |
| Total | 3,519 | 3,326 | 4,081 | 2,801 | -7.3% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Thailand in 2022:
- China (42.2 tons)
- Japan (24.8 tons)
- South Korea (5.6 tons)
- Germany (5.0 tons)
- United Kingdom (2.9 tons)
- India (1.0 tons)
- Taiwan (Chinese) (0.5 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand
For the third year in a row, Thailand recorded decline in overseas shipments of copper; washers, (including spring washers), not threadeds, which decreased by -52.9% to 7.5 tons in 2022. Overall, exports faced a significant decrease. The smallest decline of -3.6% was in 2021.
In value terms, exports of copper; washers, (including spring washers), not threadeds shrank remarkably to $466K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of $570K, and then plummeted in the following year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 81.3 | 1.6 | 41.5 | 126 | 15.7% |
| Australia | 33.4 | 53.4 | 72.1 | 64.4 | 24.5% |
| South Africa | 3.9 | 66.1 | 79.0 | 60.6 | 149.5% |
| Malaysia | 27.2 | 16.9 | 33.9 | 33.7 | 7.4% |
| China | 250 | 79.3 | 43.5 | 29.9 | -50.7% |
| Vietnam | 33.8 | 26.3 | 24.4 | 26.6 | -7.7% |
| Lao People's Democratic Republic | 3.8 | 2.8 | 19.4 | 12.7 | 49.5% |
| Philippines | 0.2 | 2.3 | 6.6 | 6.6 | 220.8% |
| Japan | 6.9 | 13.0 | 108 | 5.8 | -5.6% |
| United States | 1.0 | 6.6 | 2.5 | 4.4 | 63.9% |
| Papua New Guinea | N/A | 1.1 | 1.0 | 2.3 | 44.6% |
| Germany | N/A | 0.2 | N/A | 2.1 | 224.0% |
| Others | 30.6 | 87.5 | 138 | 91.2 | 43.9% |
| Total | 472 | 357 | 570 | 466 | -0.4% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Thailand in 2022:
- Indonesia (1407.0 kg)
- Lao People's Democratic Republic (1180.0 kg)
- China (951.0 kg)
- Australia (642.0 kg)
- Vietnam (525.0 kg)
- Malaysia (491.0 kg)
- Japan (340.0 kg)
- United States (228.0 kg)
- South Africa (204.0 kg)
- Philippines (178.0 kg)
- Papua New Guinea (170.0 kg)
- Germany (135.0 kg)
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