Price for Copper; Washers, (Including Spring Washers), Not Threaded in Colombia - 2022

Contents:

  1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (CIF) - 2022
  2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (FOB) - 2022
  3. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia
  4. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (CIF) - 2022

The average import price for copper; washers, (including spring washers), not threadeds stood at $31,893 per ton in 2022, rising by 31% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77% against the previous year. The import price peaked at $32,687 per ton in 2013; however, from 2014 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 the UK ($125,376 per ton), while the price for China ($14,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (FOB) - 2022

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $172,857 per ton, with an increase of 163% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($4,000,000 per ton), while the average price for exports to Peru ($11,000 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 El Salvador (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia

In 2022, approx. 17 tons of copper; washers, (including spring washers), not threadeds were imported into Colombia; jumping by 22% compared with 2021. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $542K in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16880.31012168.7%
China24.676.911992.355.4%
Italy18.913.817.460.647.5%
Germany44.228.129.746.21.5%
United Kingdom10.19.14.335.051.3%
Brazil16.518.316.732.925.9%
Spain13.60.56.223.820.5%
India0.32.35.94.6148.4%
Others24.924.637.530.67.1%
Total32125433854219.1%

Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Colombia in 2022:

  1. China (6.4 tons)
  2. United States (6.0 tons)
  3. Italy (1.6 tons)
  4. Germany (0.8 tons)
  5. Spain (0.5 tons)
  6. Brazil (0.3 tons)
  7. India (0.3 tons)
  8. United Kingdom (0.3 tons)

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia

In 2022, the amount of copper; washers, (including spring washers), not threadeds exported from Colombia shrank significantly to 35 kg, with a decrease of -65% compared with 2021 figures. Overall, exports continue to indicate a precipitous decline. The smallest decline of -47.6% was in 2021.

In value terms, exports of copper; washers, (including spring washers), not threadeds reduced to $6K in 2022. In general, exports showed a dramatic slump. The smallest decline of -7.4% was in 2021.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NicaraguaN/AN/AN/A4.00%
United States11.92.53.91.1-54.8%
Ecuador5.32.72.70.9-44.6%
Norway5.4N/AN/AN/A0%
PeruN/A0.3N/AN/A0%
SpainN/A0.1N/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
MexicoN/A0.4N/AN/A0%
OthersN/A1.2N/AN/A0%
Total22.77.16.66.0-35.8%

Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Colombia in 2022:

  1. Ecuador (20.0 kg)
  2. United States (11.0 kg)
  3. Peru (2.0 kg)
  4. United Arab Emirates (1.0 kg)
  5. Nicaragua (1.0 kg)

Source: IndexBox Market Intelligence Platform

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