Price for Copper; Washers, (Including Spring Washers), Not Threaded in Belgium - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (FOB) - 2023
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $8,156 per ton, growing by 6.1% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 21%. As a result, import price attained the peak level of $27,553 per ton. From 2014 to 2022, the average 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 the United States ($35,761 per ton), while the price for Italy ($1,759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (FOB) - 2023
The average export price for copper; washers, (including spring washers), not threadeds stood at $48,861 per ton in October 2023, growing by 10% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 147% m-o-m. As a result, the export price attained the peak level of $58,482 per ton. From September 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($245K per ton), while the average price for exports to Brazil ($20,484 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium
In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Belgium surged to 158 tons, with an increase of 18% against 2021 figures. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of copper; washers, (including spring washers), not threadeds soared to $1.3M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 45.5 | 76.5 | 14.6 | 280 | 83.3% |
| Germany | 155 | 232 | 253 | 272 | 20.6% |
| Netherlands | 146 | 151 | 157 | 180 | 7.2% |
| China | 10.2 | 69.2 | 148 | 100 | 114.0% |
| United States | 22.2 | 82.9 | 78.1 | 99.1 | 64.7% |
| Italy | 94.7 | 48.5 | 52.3 | 83.4 | -4.1% |
| France | 43.7 | 27.5 | 39.1 | 51.6 | 5.7% |
| Sweden | 13.9 | 29.9 | 63.7 | 46.2 | 49.2% |
| Japan | 69.1 | 76.2 | 76.1 | 40.3 | -16.5% |
| Czech Republic | 50.5 | 38.5 | 20.1 | 19.9 | -26.7% |
| Spain | 31.7 | 37.9 | 30.6 | 17.7 | -17.7% |
| Others | 31.4 | 78.6 | 94.2 | 99.0 | 46.6% |
| Total | 713 | 949 | 1,027 | 1,288 | 21.8% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Belgium in 2022:
- Italy (47.4 tons)
- Germany (44.1 tons)
- China (15.7 tons)
- United Kingdom (14.3 tons)
- Netherlands (10.5 tons)
- France (8.4 tons)
- Japan (3.3 tons)
- United States (2.8 tons)
- Sweden (2.7 tons)
- Czech Republic (1.4 tons)
- Spain (1.0 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of copper; washers, (including spring washers), not threadeds, which increased by 52% to 46 tons in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds expanded sharply to $1.2M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 112 | 173 | 173 | 179 | 16.9% |
| Netherlands | 56.0 | 58.6 | 61.1 | 168 | 44.2% |
| France | 60.4 | 124 | 142 | 146 | 34.2% |
| United States | 26.7 | 48.3 | 63.9 | 71.2 | 38.7% |
| Austria | 51.9 | 55.7 | 64.0 | 63.0 | 6.7% |
| Spain | 29.1 | 38.9 | 64.6 | 62.4 | 29.0% |
| United Kingdom | 38.0 | 60.7 | 25.6 | 38.9 | 0.8% |
| Italy | 12.0 | 23.5 | 49.5 | 34.5 | 42.2% |
| Poland | 19.4 | 31.9 | 39.9 | 32.6 | 18.9% |
| China | 31.6 | 37.6 | 27.2 | 3.2 | -53.4% |
| Others | 203 | 279 | 425 | 402 | 25.6% |
| Total | 640 | 931 | 1,135 | 1,200 | 23.3% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Belgium in 2022:
- Netherlands (11.5 tons)
- France (7.2 tons)
- Germany (7.2 tons)
- Spain (2.3 tons)
- Italy (2.0 tons)
- United States (1.8 tons)
- Poland (1.6 tons)
- United Kingdom (1.3 tons)
- Austria (0.8 tons)
- China (0.1 tons)
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