Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola - 2022

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (CIF) - 2022
  2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (FOB) - 2022
  3. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola
  4. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (CIF) - 2022

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $8,579 per ton, declining by -15.7% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% 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; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -36.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $13,439 per ton in 2020; however, from 2021 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 South Korea ($72,600 per ton), while the price for Ghana ($1,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+867.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $13,333 per ton in 2022, reducing by -27.9% against the previous year. Overall, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 302%. The export price peaked at $19,603 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 Ghana ($38,000 per ton), while the average price for exports to Belgium ($1,000 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 United States (+243.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into Angola skyrocketed to 21 tons, increasing by 64% against the previous year. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 157% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $180K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 106%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal13.39.460.310196.6%
United States0.110.97.518.8472.9%
Singapore0.10.35.611.8390.5%
United Kingdom2.14.425.78.559.4%
China1.24.20.88.289.8%
Cote d'IvoireN/AN/AN/A7.90%
Malaysia0.1N/A0.81.7157.1%
GhanaN/AN/AN/A0.90%
Brazil7.726.610.40.2-70.4%
Others7.811.119.121.540.2%
Total32.566.913018076.9%

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Angola in 2022:

  1. Cote d'Ivoire (6.3 tons)
  2. Portugal (6.1 tons)
  3. China (2.5 tons)
  4. United States (2.0 tons)
  5. Singapore (1.1 tons)
  6. Ghana (0.7 tons)
  7. Malaysia (0.7 tons)
  8. United Kingdom (0.3 tons)

Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola

In 2022, overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded were finally on the rise to reach 3 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant contraction.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded significantly to $40 in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana35053.036.038.0-52.3%
PortugalN/AN/AN/A1.00%
Belgium1.01.01.01.00.0%
Guinea1,840N/AN/AN/A0%
Others2,58013.0N/AN/A-99.5%
Total4,77167.037.040.0-79.7%

Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Angola in 2022:

  1. Ghana (1.0 kg)
  2. Belgium (1.0 kg)
  3. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform

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