Price for Copper; Washers, (Including Spring Washers), Not Threaded in Turkey - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Turkey (CIF) - 2023
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Turkey (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Turkey
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Turkey
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Turkey (CIF) - 2023
The average import price for copper; washers, (including spring washers), not threadeds stood at $67,093 per ton in December 2023, increasing by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in February 2023 when the average import price increased by 39% m-o-m. As a result, import price reached the peak level of $81,657 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($270K per ton), while the price for Spain ($32,739 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Turkey (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $61,809 per ton in 2022, picking up by 152% against the previous year. Overall, the export price saw resilient growth. As a result, the export price reached 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 Switzerland ($209,775 per ton), while the average price for exports to Brazil ($11,000 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 the Czech Republic (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Turkey
Imports of copper; washers, (including spring washers), not threadeds into Turkey totaled 44 tons in 2022, picking up by 2.6% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 when imports increased by 6.3%.
In value terms, imports of copper; washers, (including spring washers), not threadeds expanded sharply to $2.3M in 2022. Overall, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 53%.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,154 | 952 | 1,565 | 1,920 | -3.8% |
| United States | 27.3 | 39.3 | 68.0 | 85.5 | 46.3% |
| South Korea | 79.5 | 63.1 | 42.4 | 65.7 | -6.2% |
| Spain | 56.2 | 57.0 | 73.5 | 65.2 | 5.1% |
| China | 24.3 | 26.2 | 102 | 43.0 | 21.0% |
| India | 16.0 | 12.4 | 52.7 | 34.7 | 29.4% |
| Italy | 59.2 | 79.3 | 30.4 | 10.9 | -43.1% |
| France | 48.6 | 12.7 | 15.5 | 7.4 | -46.6% |
| Others | 107 | 89.4 | 89.0 | 85.7 | -7.1% |
| Total | 2,572 | 1,332 | 2,038 | 2,318 | -3.4% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Turkey in 2022:
- Germany (35.1 tons)
- China (2.5 tons)
- Spain (1.9 tons)
- India (1.6 tons)
- South Korea (1.4 tons)
- United States (0.7 tons)
- Italy (0.3 tons)
- France (0.2 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Turkey
In 2022, the amount of copper; washers, (including spring washers), not threadeds exported from Turkey skyrocketed to 6.4 tons, surging by 66% compared with the year before. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $394K in 2022. In general, exports saw significant growth. 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 277 | 0% |
| Switzerland | N/A | N/A | N/A | 42.8 | 0% |
| Russia | 12.5 | 15.5 | 9.6 | 33.6 | 39.0% |
| Spain | N/A | 4.5 | 21.0 | 11.3 | 58.5% |
| United Arab Emirates | 12.5 | 2.6 | 35.9 | 1.8 | -47.6% |
| Brazil | N/A | N/A | N/A | 1.5 | 0% |
| Panama | N/A | 17.5 | N/A | 0.4 | -84.9% |
| Slovakia | N/A | 2.9 | N/A | N/A | 0% |
| Others | 27.0 | 51.4 | 27.8 | 25.8 | -1.5% |
| Total | 52.0 | 94.4 | 94.4 | 394 | 96.4% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Turkey in 2022:
- Czech Republic (3082.0 kg)
- Russia (1836.0 kg)
- Spain (600.0 kg)
- Switzerland (204.0 kg)
- Brazil (139.0 kg)
- United Arab Emirates (86.0 kg)
- Panama (2.0 kg)
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