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

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $32,604 per ton, with an increase of 17% against the previous year. Overall, the import price recorded mild growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 43% against the previous year. The import price peaked at $36,144 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Italy ($57,648 per ton), while the price for Belgium ($21,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.2%), 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 Hungary (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $34,806 per ton in 2022, reducing by -21.5% against the previous year. In general, the export price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 69%. The export price peaked at $54,696 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($195,444 per ton), while the average price for exports to Italy ($11,117 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 Poland (+13.2%), 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 Hungary

In 2022, approx. 249 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were imported into Hungary; which is down by -10.5% on the previous year. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 19%.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded sharply to $8.1M in 2022. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked 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 Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,1682,6813,9013,3281.7%
Italy4597051,1811,98562.9%
South KoreaN/A0.8N/A1,1023611.5%
Belgium2643321,10357329.5%
China11420213324929.7%
Austria85.172.045477.7-3.0%
Others884533944798-3.4%
Total4,9744,5257,7168,11217.7%

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

  1. Germany (111.9 tons)
  2. South Korea (46.7 tons)
  3. Italy (34.4 tons)
  4. Belgium (26.9 tons)
  5. China (8.0 tons)
  6. Austria (1.8 tons)

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

In 2022, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Hungary soared to 33 tons, with an increase of 48% against the previous year. Over the period under review, exports posted measured growth. 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 $1.1M in 2022. Overall, exports, however, showed a deep reduction.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.754.663.1518804.5%
Germany513322127248-21.5%
Slovakia44.134.666.767.515.2%
MalaysiaN/AN/A32.259.283.9%
Serbia3.15.03.748.3149.8%
Romania20.530.443.833.918.3%
China21092.897.431.1-47.1%
Italy1.58.618.322.3145.9%
France3.64.81445.615.9%
Denmark1715.97.04.3-70.7%
Poland20764.12.71.8-79.4%
Others25127837496.0-27.4%
Total1,4269019801,136-7.3%

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

  1. Germany (14.1 tons)
  2. United Kingdom (5.3 tons)
  3. Malaysia (3.0 tons)
  4. Slovakia (2.9 tons)
  5. Italy (2.0 tons)
  6. Romania (1.4 tons)
  7. Serbia (1.4 tons)
  8. China (0.7 tons)
  9. France (0.3 tons)
  10. Denmark (0.1 tons)

Source: IndexBox Market Intelligence Platform

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