Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada - 2024
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $17,186 per ton, with a decrease of -3.1% against the previous year. Overall, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $17,730 per ton, and then dropped in the following year.
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 Mexico ($31,600 per ton), while the price for the UK ($6,112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), 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 Canada (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $52,213 per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2014 when the average export price increased by 13% against the previous year. The export price peaked at $52,996 per ton in 2021, and then dropped slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($53,827 per ton), while the average price for exports to South Africa ($6,000 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 Costa Rica (+25.2%), 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 Canada
For the third year in a row, Canada recorded decline in supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which decreased by -2.8% to 489 tons in 2022. In general, imports showed a deep setback.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded reduced to $8.4M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $8.9M, and then declined in the following year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 5.2 | 6.3 | 5.2 | -7.2% |
| India | 0.1 | 0.2 | 0.6 | 1.2 | 128.9% |
| China | 0.3 | 0.3 | 0.6 | 0.6 | 26.0% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Germany | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Mexico | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
| United Kingdom | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Total | 8.2 | 6.7 | 8.9 | 8.4 | 0.8% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Canada in 2022:
- United States (223.4 tons)
- India (105.6 tons)
- China (55.1 tons)
- Germany (28.2 tons)
- United Kingdom (27.4 tons)
- Taiwan (Chinese) (24.0 tons)
- Mexico (7.9 tons)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada
For the fourth consecutive year, Canada recorded growth in shipments abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which increased by 53% to 48 tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $2.5M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,139 | 1,365 | 1,502 | 2,171 | 24.0% |
| Germany | 1.3 | 6.6 | 21.0 | 72.3 | 281.7% |
| Costa Rica | N/A | N/A | N/A | 60.8 | 0% |
| Poland | 35.5 | 18.1 | 22.1 | 59.4 | 18.7% |
| Mexico | 97.9 | 9.2 | 5.4 | 10.9 | -51.9% |
| South Africa | 132 | 21.6 | 13.8 | N/A | -67.7% |
| Others | 114 | 97.8 | 108 | 141 | 7.3% |
| Total | 1,519 | 1,518 | 1,672 | 2,515 | 18.3% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Canada in 2022:
- United States (40.4 tons)
- Costa Rica (2.5 tons)
- Germany (1.3 tons)
- Poland (1.1 tons)
- Mexico (0.2 tons)
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