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

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $4,758 per ton, increasing by 33% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 35%. The import price peaked at $7,782 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,150 per ton), while the price for China ($2,266 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 (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $21,563 per ton in 2022, with a decrease of -18.2% against the previous year. In general, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2013 an increase of 1,930% against the previous year. As a result, the export price attained the peak level of $33,850 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 the United States ($32,119 per ton), while the average price for exports to Singapore ($5,668 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 the United States (+27.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

After two years of decline, supplies from abroad of copper; washers, (including spring washers), not threadeds increased by 4.6% to 1K tons in 2022. Over the period under review, imports, however, recorded a pronounced shrinkage.

In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $4.8M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2851,3781,4661,75210.9%
Japan23819949292157.0%
United States5802334025960.9%
Singapore1,326315280268-41.3%
Taiwan (Chinese)1761281352228.0%
Thailand1821742132125.2%
Others37053949287333.1%
Total4,1552,9653,4804,8435.2%

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

  1. China (773.2 tons)
  2. Singapore (77.2 tons)
  3. Japan (69.2 tons)
  4. Taiwan (Chinese) (19.8 tons)
  5. Thailand (16.5 tons)
  6. United States (12.4 tons)

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds exported from Indonesia reduced sharply to 803 kg, waning by -72.1% on 2021 figures. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 645% against the previous year. As a result, the exports attained the peak of 2.9 tons, and then declined rapidly in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds dropped remarkably to $17K in 2022. Over the period under review, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 1,267% against the previous year. As a result, the exports reached the peak of $76K, and then declined dramatically in the following year.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.2N/A67.312.4295.8%
Japan0.40.41.83.197.9%
Singapore9.14.15.01.6-44.0%
Austria1.7N/AN/AN/A0%
FranceN/AN/A1.0N/A0%
Others8.21.10.80.3-66.8%
Total19.65.575.817.3-4.1%

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

  1. United States (386.0 kg)
  2. Singapore (274.0 kg)
  3. Japan (140.0 kg)

Source: IndexBox Market Intelligence Platform

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