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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $10,292 per ton in 2022, reducing by -10.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 61%. The import price peaked at $20,208 per ton in 2015; however, from 2016 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 Mexico ($31,530 per ton), while the price for China ($4,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $2,131 per ton in 2022, with a decrease of -78.7% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 146% against the previous year. The export price peaked at $43,432 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($8,000 per ton), while the average price for exports to Jamaica totaled $2,033 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+46.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of copper; washers, (including spring washers), not threadeds into Panama fell to 962 kg, declining by -6.1% against the previous year's figure. Over the period under review, imports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year.

In value terms, imports of copper; washers, (including spring washers), not threadeds contracted significantly to $9.9K in 2022. Overall, imports saw a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 37%.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico12.5N/A2.95.2-25.3%
China0.80.81.63.055.4%
United States4.04.55.40.7-44.1%
Germany12.62.30.30.3-71.2%
Hong Kong SAR1.2N/AN/A0.1-56.3%
Peru2.0N/AN/AN/A0%
Taiwan (Chinese)2.0N/AN/AN/A0%
Others1.51.01.50.5-30.7%
Total36.78.611.89.9-35.4%

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

  1. China (698.0 kg)
  2. Mexico (166.0 kg)
  3. United States (38.0 kg)
  4. Germany (29.0 kg)
  5. Hong Kong SAR (9.0 kg)

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds exported from Panama reduced sharply to 61 kg, with a decrease of -71% compared with 2021. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year.

In value terms, exports of copper; washers, (including spring washers), not threadeds reduced dramatically to $130 in 2022. In general, exports recorded a significant decrease. The smallest decline of -8.5% was in 2021.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jamaica21.0N/AN/A12279.8%
ColombiaN/AN/AN/A8.00%
Ecuador371N/AN/AN/A0%
Dominican Republic6,377N/A98.0N/A-87.6%
Guatemala33024013.0N/A-80.2%
Costa Rica1,8811,9541,670N/A-5.8%
PakistanN/AN/A321N/A0%
BelizeN/A104N/AN/A0%
Others72.0N/AN/AN/A0%
Total9,0522,2982,102130-75.7%

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

  1. Jamaica (60.0 kg)
  2. Colombia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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