Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania - 2023
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania (CIF) - 2023
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania (CIF) - 2023
In November 2023, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $13,296 per ton, reducing by -73.7% against the previous month. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in July 2023 an increase of 68% m-o-m. As a result, import price reached the peak level of $61,831 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($229K per ton), while the price for India ($27,141 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+17.0%), 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 Romania (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $25,834 per ton in 2022, reducing by -18.5% against the previous year. In general, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2021 an increase of 130% against the previous year. Over the period under review, the average export prices hit record highs at $33,948 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Switzerland ($166,211 per ton), while the average price for exports to Mexico ($5,514 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 Serbia (+29.1%), 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 Romania
For the fourth consecutive year, Romania recorded growth in supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which increased by 30% to 1.3K tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2019 indices. As a result, imports reached 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 $7.1M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 3.1 | 4.2 | 5.2 | 26.0% |
| Italy | 0.1 | 0.2 | 0.5 | 0.7 | 91.3% |
| Others | 0.7 | 0.5 | 0.9 | 1.2 | 19.7% |
| Total | 3.5 | 3.7 | 5.6 | 7.1 | 26.6% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Romania in 2022:
- Germany (1195.1 tons)
- Italy (72.6 tons)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania
In 2022, overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -51.4% to 9.1 tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp slump. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded shrank rapidly to $235K in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 101 | 181 | 144 | 152 | 14.6% |
| China | 6.7 | N/A | 340 | 29.8 | 64.5% |
| Austria | 0.9 | 114 | 18.7 | 9.1 | 116.2% |
| Bulgaria | 0.6 | 4.4 | 12.1 | 6.0 | 115.4% |
| Mexico | 2.3 | 15.2 | 2.3 | 4.6 | 26.0% |
| Hungary | 41.4 | 5.3 | 18.6 | 2.8 | -59.3% |
| Serbia | 10.0 | 1.2 | 2.2 | 2.4 | -37.9% |
| Italy | 7.0 | 3.8 | 3.6 | 1.0 | -47.7% |
| Others | 64.0 | 50.3 | 50.3 | 26.7 | -25.3% |
| Total | 234 | 375 | 592 | 235 | 0.1% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Romania in 2022:
- Germany (6.0 tons)
- Mexico (0.8 tons)
- Bulgaria (0.5 tons)
- Serbia (0.3 tons)
- Austria (0.3 tons)
- China (0.3 tons)
- Hungary (0.1 tons)
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