Price for Copper; Washers, (Including Spring Washers), Not Threaded in Hungary - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $26,975 per ton, with a decrease of -13.2% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $39,448 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($40,351 per ton), while the price for Slovenia ($8,969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $30,128 per ton in 2022, reducing by -18.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65% against the previous year. The export price peaked at $42,269 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($373,667 per ton), while the average price for exports to the Netherlands ($2,360 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 Germany (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary
For the fourth consecutive year, Hungary recorded growth in supplies from abroad of copper; washers, (including spring washers), not threadeds, which increased by 6.2% to 72 tons in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of copper; washers, (including spring washers), not threadeds dropped to $1.9M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. As a result, imports reached the peak of $2.1M, and then reduced in the following year.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 517 | 514 | 1,383 | 836 | 17.4% |
| Austria | 18.3 | 132 | 112 | 258 | 141.6% |
| Italy | 206 | 72.7 | 163 | 183 | -3.9% |
| China | 21.9 | 59.4 | 116 | 136 | 83.8% |
| Slovenia | 0.2 | 0.8 | 1.4 | 98.0 | 688.4% |
| India | 32.7 | 33.0 | 43.6 | 69.3 | 28.4% |
| Poland | 10.1 | 23.3 | 28.3 | 28.8 | 41.8% |
| Luxembourg | 8.9 | 8.5 | 12.8 | 13.7 | 15.5% |
| Others | 155 | 159 | 241 | 314 | 26.5% |
| Total | 970 | 1,003 | 2,100 | 1,936 | 25.9% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Hungary in 2022:
- Germany (30.6 tons)
- Slovenia (10.9 tons)
- Italy (9.1 tons)
- Austria (6.6 tons)
- China (3.5 tons)
- Poland (2.8 tons)
- India (1.7 tons)
- Luxembourg (0.9 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary
For the third year in a row, Hungary recorded decline in shipments abroad of copper; washers, (including spring washers), not threadeds, which decreased by -7.6% to 24 tons in 2022. In general, exports showed a deep downturn.
In value terms, exports of copper; washers, (including spring washers), not threadeds fell markedly to $734K in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +13.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of $975K, and then dropped remarkably in the following year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 55.3 | 89.1 | 206 | 161 | 42.8% |
| Ukraine | 37.2 | 27.6 | 61.8 | 123 | 49.0% |
| Germany | 56.7 | 69.8 | 128 | 97.0 | 19.6% |
| Romania | 35.4 | 43.2 | 72.2 | 75.0 | 28.4% |
| Sweden | 14.4 | 28.6 | 47.3 | 71.7 | 70.8% |
| Belgium | 5.3 | 6.3 | 7.7 | 29.9 | 78.0% |
| Netherlands | 53.6 | 40.1 | 28.6 | 29.0 | -18.5% |
| United States | 4.0 | 4.4 | 14.9 | 17.1 | 62.3% |
| Slovakia | 8.5 | 11.0 | 13.9 | 13.6 | 17.0% |
| United Kingdom | 13.4 | 4.6 | 25.8 | 10.1 | -9.0% |
| Switzerland | 291 | 244 | 226 | 6.7 | -71.6% |
| Serbia | 3.2 | 5.1 | 6.8 | 6.3 | 25.3% |
| Others | 70.6 | 90.0 | 136 | 93.6 | 9.9% |
| Total | 649 | 663 | 975 | 734 | 4.2% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Hungary in 2022:
- Netherlands (12.3 tons)
- Romania (2.3 tons)
- Japan (1.8 tons)
- Sweden (1.7 tons)
- Belgium (1.4 tons)
- United States (0.8 tons)
- Slovakia (0.8 tons)
- Serbia (0.6 tons)
- United Kingdom (0.6 tons)
- Ukraine (0.5 tons)
- Germany (0.4 tons)
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