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

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $37,779 per ton, jumping by 31% against the previous year. In general, the import price recorded a buoyant increase. The growth pace was the most rapid in 2015 when the average import price increased by 109% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($89,446 per ton), while the price for India ($17,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+35.0%), 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 Kuwait (FOB) - 2022

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $24,594 per ton, dropping by -2.8% against the previous year. Overall, the export price, however, posted strong growth. Over the period under review, the average export prices reached the peak figure at $30,200 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($24,716 per ton), while the average price for exports to India amounted to $23,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-9.5%).

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

In 2022, approx. 10 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were imported into Kuwait; jumping by 79% compared with the year before. In general, imports recorded a strong expansion. 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 skyrocketed to $377K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.216.30.7171187.4%
Russia23.127.736.552.031.1%
Saudi Arabia47.124.27.033.7-10.6%
Japan4.44.114.521.268.9%
United States12.922.829.316.99.4%
United Arab Emirates9.07.66.014.918.3%
China5.917.77.814.334.3%
Taiwan (Chinese)0.10.15.612.4398.7%
India64.95.919.26.4-53.8%
VietnamN/A0.8N/A6.2178.4%
Germany6.03.25.15.4-3.5%
Others18.316.429.021.96.2%
Total19914716137723.7%

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

  1. Italy (4873.0 kg)
  2. Russia (1524.0 kg)
  3. Japan (602.0 kg)
  4. United States (482.0 kg)
  5. United Arab Emirates (422.0 kg)
  6. Saudi Arabia (377.0 kg)
  7. India (364.0 kg)
  8. Taiwan (Chinese) (352.0 kg)
  9. China (273.0 kg)
  10. Vietnam (175.0 kg)
  11. Germany (154.0 kg)

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

In 2022, approx. 96 kg of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from Kuwait; jumping by 60% compared with the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 500% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $2.4K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 403% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kuwait (USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab Emirates3021,3242,175168.4%
IndiaN/AN/A1860%
Bosnia and HerzegovinaN/A194N/A0%
OthersN/AN/AN/A0%
Total3021,5182,361179.6%

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

  1. United Arab Emirates (88.0 kg)
  2. India (8.0 kg)

Source: IndexBox Market Intelligence Platform

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