Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand - 2024
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand (CIF) - 2024
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand (FOB) - 2024
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand (CIF) - 2024
The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $26,059 per ton in January 2024, picking up by 77% against the previous month. Overall, import price indicated a modest expansion from February 2023 to January 2024: its price increased at an average monthly rate of +1.9% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by +77.0% against December 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($39,039 per ton), while the price for India ($14,878 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (+4.9%), 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 Thailand (FOB) - 2024
In January 2024, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $21,266 per ton, remaining stable against the previous month. Over the period under review, the export price saw a mild setback. The most prominent rate of growth was recorded in May 2023 an increase of 60% m-o-m. As a result, the export price reached the peak level of $37,015 per ton. From June 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($47,663 per ton), while the average price for exports to Myanmar ($3,478 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+20.3%), 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 Thailand
After three years of growth, supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -12.7% to 345 tons in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded shrank to $6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of $7M, and then shrank in the following year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.3 | 3.1 | 4.2 | 3.4 | 1.0% |
| China | 0.6 | 0.8 | 2.3 | 1.8 | 44.2% |
| India | N/A | N/A | 0.1 | 0.3 | 200.0% |
| South Korea | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Total | 4.2 | 4.3 | 7.0 | 6.0 | 12.6% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Thailand in 2022:
- Japan (200.1 tons)
- China (112.7 tons)
- India (18.6 tons)
- South Korea (5.8 tons)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded, when their volume decreased by -20.9% to 59 tons. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded reduced sharply to $1.2M in 2022. In general, exports, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 with an increase of 99% against the previous year. As a result, the exports attained the peak of $1.8M, and then declined dramatically in the following year.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 611 | 447 | 790 | 676 | 3.4% |
| Philippines | 263 | 268 | 344 | 316 | 6.3% |
| Vietnam | 57.9 | 65.5 | 104 | 69.9 | 6.5% |
| Japan | 37.4 | 41.6 | 35.4 | 49.9 | 10.1% |
| Myanmar | 45.1 | 36.3 | 55.1 | 38.4 | -5.2% |
| Germany | 0.1 | 0.1 | N/A | 3.8 | 236.2% |
| Malaysia | 1.3 | N/A | 438 | 0.2 | -46.4% |
| Others | 28.1 | 45.9 | 27.6 | 26.3 | -2.2% |
| Total | 1,044 | 904 | 1,795 | 1,180 | 4.2% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Thailand in 2022:
- Philippines (26.9 tons)
- Indonesia (15.8 tons)
- Myanmar (9.2 tons)
- Vietnam (2.5 tons)
- Japan (1.6 tons)
- Germany (1.2 tons)
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