Price for Copper; Washers, (Including Spring Washers), Not Threaded in Egypt - 2023

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $26,891 per ton, picking up by 21% against the previous year. Overall, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 65%. The import price peaked at $29,930 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($26,910 per ton) and the United States ($26,906 per ton), while the price for Turkey ($21,000 per ton) and Spain ($26,864 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+30.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $4,807 per ton in 2022, with an increase of 4% against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The growth pace was the most rapid in 2018 when the average export price increased by 150%. Over the period under review, the average export prices reached the peak figure at $10,991 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malta.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +4.0% per year.

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Egypt shrank markedly to 16 tons, with a decrease of -21.6% compared with the previous year. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 386%. As a result, imports attained the peak of 20 tons, and then declined sharply in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds fell to $418K in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 464%. As a result, imports attained the peak of $440K, and then contracted in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14529.113424519.1%
Japan0.70.243.681.1387.5%
United States1.50.43.225.6157.5%
Italy16.58.117.019.76.1%
BrazilN/A0.1N/A17.81234.2%
Germany44.119.215115.9-28.8%
SpainN/AN/A0.88.91012.5%
United Kingdom23.2N/A17.70.1-83.7%
Others19.220.973.03.6-42.8%
Total25078.144041818.7%

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

  1. China (9.1 tons)
  2. Japan (3.0 tons)
  3. United States (0.9 tons)
  4. Brazil (0.7 tons)
  5. Italy (0.7 tons)
  6. Germany (0.6 tons)
  7. Spain (0.3 tons)

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

Exports of copper; washers, (including spring washers), not threadeds from Egypt skyrocketed to 135 kg in 2022, growing by 59% compared with the previous year. Overall, exports, however, recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, the exports reached the peak of 1.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; washers, (including spring washers), not threadeds surged to $649 in 2022. In general, exports, however, recorded a sharp descent. The pace of growth was the most pronounced in 2020 when exports increased by 80%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaltaN/A0.20.40.673.2%
Morocco4.98.4N/AN/A71.4%
Kuwait3.6N/AN/AN/A0%
Saudi ArabiaN/A7.3N/AN/A0%
Others0.30.1N/AN/A-66.7%
Total8.815.90.40.6-59.1%

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

  1. Malta (132.0 kg)

Source: IndexBox Market Intelligence Platform

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