Price for Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $38,522 per ton in 2022, rising by 29% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +95.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($38,524 per ton) and Malaysia ($38,523 per ton), while the price for China ($38,522 per ton) and South Korea ($38,522 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $43,787 per ton, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($43,791 per ton) and Malaysia ($43,789 per ton), while the average price for exports to South Korea ($43,782 per ton) and Japan ($43,787 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam
In 2022, supplies from abroad of copper; washers, (including spring washers), not threadeds decreased by -21.6% to 539 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of 720 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 totaled $21M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.9 | 10.3 | 14.6 | 15.1 | 24.1% |
| China | 1.8 | 2.4 | 3.8 | 3.1 | 19.9% |
| Japan | 0.7 | 0.7 | 1.0 | 1.1 | 16.3% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Malaysia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 0.3 | 0.4 | 0.7 | 0.7 | 32.6% |
| Total | 11.0 | 14.2 | 20.5 | 20.8 | 23.7% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Vietnam in 2022:
- South Korea (391.8 tons)
- China (79.9 tons)
- Japan (28.6 tons)
- Taiwan (Chinese) (10.1 tons)
- Malaysia (9.6 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam
In 2022, overseas shipments of copper; washers, (including spring washers), not threadeds decreased by -21.5% to 47 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. As a result, the exports attained the peak of 60 tons, and then dropped rapidly in the following year.
In value terms, exports of copper; washers, (including spring washers), not threadeds contracted to $2.1M in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 95%. As a result, the exports reached the peak of $2.4M, and then fell in the following year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,051 | 914 | 1,745 | 1,513 | 12.9% |
| United States | 2.2 | 55.7 | 182 | 206 | 354.1% |
| Thailand | 53.8 | 107 | 240 | 156 | 42.6% |
| Malaysia | 33.5 | 40.3 | 45.1 | 58.9 | 20.7% |
| South Korea | 9.8 | 71.2 | 57.9 | 51.0 | 73.3% |
| Others | 14.4 | 25.6 | 94.1 | 70.6 | 69.9% |
| Total | 1,165 | 1,214 | 2,364 | 2,055 | 20.8% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Vietnam in 2022:
- Japan (34.5 tons)
- United States (4.7 tons)
- Thailand (3.6 tons)
- Malaysia (1.3 tons)
- South Korea (1.2 tons)
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