Price for Copper; Washers, (Including Spring Washers), Not Threaded in Germany - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Germany (FOB) - 2023
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Germany (CIF) - 2022
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Germany
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Germany
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Germany (FOB) - 2023
In October 2023, the average export price for copper; washers, (including spring washers), not threadeds amounted to $67,774 per ton, with an increase of 7.8% against the previous month. Overall, export price indicated a prominent increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for copper; washers, (including spring washers), not threadeds increased by +45.7% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 35% m-o-m. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($133K per ton), while the average price for exports to Mexico ($32,741 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 Italy (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Germany (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $20,501 per ton, declining by -31.6% against the previous year. Over the period under review, the import price showed a pronounced setback. The growth pace was the most rapid in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $35,242 per ton in 2018; however, from 2019 to 2022, 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 Turkey ($39,028 per ton), while the price for China ($12,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Germany
For the fourth year in a row, Germany recorded growth in shipments abroad of copper; washers, (including spring washers), not threadeds, which increased by 6.7% to 744 tons in 2022. The total export volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds expanded slightly to $31M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.6 | 2.9 | 3.3 | 4.2 | 17.3% |
| China | 2.2 | 3.2 | 3.7 | 2.5 | 4.4% |
| Poland | 0.8 | 1.0 | 1.5 | 2.4 | 44.2% |
| Italy | 1.1 | 1.4 | 1.7 | 2.1 | 24.1% |
| United States | 0.9 | 1.3 | 2.1 | 1.7 | 23.6% |
| Turkey | 0.5 | 0.9 | 1.1 | 1.4 | 40.9% |
| Czech Republic | 1.1 | 1.0 | 1.1 | 1.3 | 5.7% |
| Austria | 0.6 | 0.6 | 0.7 | 1.2 | 26.0% |
| Netherlands | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Slovakia | 0.4 | 0.5 | 1.1 | 1.0 | 35.7% |
| Spain | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Mexico | 0.4 | 0.5 | 0.4 | 0.7 | 20.5% |
| Sweden | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Others | 7.4 | 8.0 | 10.3 | 9.7 | 9.4% |
| Total | 19.9 | 23.3 | 29.7 | 30.8 | 15.7% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Germany in 2022:
- France (121.1 tons)
- Poland (93.0 tons)
- China (69.3 tons)
- Italy (57.6 tons)
- Austria (41.4 tons)
- Netherlands (30.7 tons)
- Spain (28.8 tons)
- Slovakia (28.5 tons)
- Czech Republic (27.8 tons)
- Turkey (25.9 tons)
- Mexico (24.8 tons)
- United States (23.3 tons)
- Sweden (19.7 tons)
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Germany
For the fourth year in a row, Germany recorded growth in overseas purchases of copper; washers, (including spring washers), not threadeds, which increased by 74% to 346 tons in 2022. Overall, imports continue to indicate significant growth. 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 skyrocketed to $7.1M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 393 | 611 | 785 | 1,296 | 48.8% |
| China | 558 | 520 | 984 | 957 | 19.7% |
| Netherlands | 125 | 334 | 389 | 706 | 78.1% |
| France | 144 | 190 | 360 | 545 | 55.8% |
| Switzerland | 436 | 397 | 473 | 399 | -2.9% |
| Norway | 401 | 260 | 398 | 373 | -2.4% |
| Italy | 187 | 184 | 286 | 337 | 21.7% |
| Taiwan (Chinese) | 239 | 172 | 269 | 320 | 10.2% |
| Czech Republic | 136 | 146 | 271 | 314 | 32.2% |
| India | 206 | 169 | 281 | 277 | 10.4% |
| Turkey | 29.6 | 45.5 | 222 | 257 | 105.5% |
| Spain | 63.8 | 101 | 190 | 210 | 48.8% |
| Slovenia | 114 | 107 | 160 | 175 | 15.4% |
| Others | 850 | 942 | 893 | 932 | 3.1% |
| Total | 3,882 | 4,178 | 5,960 | 7,098 | 22.3% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Germany in 2022:
- Poland (85.3 tons)
- China (75.2 tons)
- France (31.6 tons)
- Netherlands (28.7 tons)
- Italy (17.8 tons)
- Taiwan (Chinese) (12.5 tons)
- Czech Republic (11.7 tons)
- Norway (11.7 tons)
- India (10.9 tons)
- Switzerland (10.8 tons)
- Slovenia (10.5 tons)
- Spain (8.1 tons)
- Turkey (6.6 tons)
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