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

Contents:

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

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

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $3,151 per ton, declining by -46.1% against the previous year. Over the period under review, the export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 98% against the previous year. Over the period under review, the average export prices hit record highs at $22,735 per ton in 2017; however, from 2018 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 Democratic Republic of the Congo ($3,541 per ton), while the average price for exports to Zambia ($1,189 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 Democratic Republic of the Congo (-22.9%).

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

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $298 per ton in 2022, surging by 64% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The import price peaked at $1,977 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($641 per ton), while the price for China amounted to $281 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.5%).

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

In 2022, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Tanzania skyrocketed to 41 tons, surging by 57% against 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached 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 declined remarkably to $128K in 2022. In general, exports posted significant growth.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/A151118-21.9%
KenyaN/AN/AN/A4.10%
NetherlandsN/AN/AN/A3.40%
ZambiaN/AN/AN/A3.10%
OthersN/AN/A0.4N/A0%
TotalN/AN/A152128-15.8%

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

  1. Democratic Republic of the Congo (33.3 tons)
  2. Kenya (2.6 tons)
  3. Zambia (2.6 tons)
  4. Netherlands (2.3 tons)

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

Imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Tanzania surged to 392 tons in 2022, growing by 167% against the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 922%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded surged to $117K in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 399% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.447.522.4107170.6%
India0.13.60.45.3275.6%
Others6.79.53.94.8-10.5%
Total12.160.626.7117113.0%

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

  1. China (379.3 tons)
  2. India (8.3 tons)

Source: IndexBox Market Intelligence Platform

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