Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Estonia - 2023

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $34,795 per ton, falling by -23.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $45,276 per ton, and then reduced notably 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 Switzerland ($90,438 per ton), while the price for Hungary ($5,628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.8%), 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 Estonia (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $53,755 per ton in 2022, increasing by 113% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained 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 Russia ($189,704 per ton), while the average price for exports to Lithuania ($43,061 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 Russia (+18.3%), 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 Estonia

In 2022, overseas purchases of copper; rivets, cotters, cotter-pins and similar articles, not threaded were finally on the rise to reach 27 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $952K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. China (13.7 tons)
2. France (6.0 tons)
3. Finland (2.6 tons)
4. Switzerland (1.6 tons)
5. Hungary (1.1 tons)
6. Germany (0.8 tons)
7. Sweden (0.5 tons)

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

In 2022, shipments abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -39.8% to 2.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. As a result, the exports attained the peak of 3.5 tons, and then fell dramatically in the following year.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded skyrocketed to $114K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Lithuania (1755.0 kg)
2. Hong Kong SAR (142.0 kg)
3. Russia (81.0 kg)
4. Latvia (60.0 kg)

Source: IndexBox Market Intelligence Platform