Price for Copper; Washers, (Including Spring Washers), Not Threaded in Italy - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Italy (FOB) - 2023
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Italy (CIF) - 2022
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Italy
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Italy
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Italy (FOB) - 2023
The average export price for copper; washers, (including spring washers), not threadeds stood at $54,382 per ton in October 2023, picking up by 83% against the previous month. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 95% month-to-month. The export price peaked at $68,278 per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($159K per ton), while the average price for exports to India ($34,843 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 France (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Italy (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $18,828 per ton in 2022, with a decrease of -10.1% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; washers, (including spring washers), not threadeds increased by +58.5% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 60% against the previous year. As a result, import price attained the peak level of $20,948 per ton, and then fell in the following year.
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 Germany ($20,749 per ton), while the price for Slovakia ($5,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Italy
In 2022, the amount of copper; washers, (including spring washers), not threadeds exported from Italy skyrocketed to 185 tons, picking up by 26% compared with the previous year's figure. The total export volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds expanded slightly to $3.7M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 536 | 815 | 659 | 1,202 | 30.9% |
| Germany | 421 | 449 | 689 | 532 | 8.1% |
| France | 391 | 315 | 520 | 306 | -7.8% |
| Portugal | 33.0 | 15.2 | 99.2 | 195 | 80.8% |
| Bulgaria | 18.4 | 7.7 | 46.5 | 156 | 103.9% |
| Spain | 252 | 162 | 181 | 148 | -16.3% |
| Belgium | 81.3 | 83.9 | 116 | 94.7 | 5.2% |
| India | 35.8 | 20.1 | 118 | 87.5 | 34.7% |
| Czech Republic | 6.5 | 10.3 | 30.1 | 65.3 | 115.8% |
| Romania | 65.0 | 42.5 | 55.4 | 39.0 | -15.7% |
| Others | 658 | 680 | 1,050 | 865 | 9.5% |
| Total | 2,497 | 2,601 | 3,565 | 3,690 | 13.9% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Italy in 2022:
- United States (85.6 tons)
- Germany (20.0 tons)
- France (17.7 tons)
- Bulgaria (8.8 tons)
- Portugal (7.7 tons)
- Spain (7.3 tons)
- India (3.8 tons)
- Belgium (3.6 tons)
- Romania (3.3 tons)
- Czech Republic (2.9 tons)
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Italy
Imports of copper; washers, (including spring washers), not threadeds into Italy soared to 145 tons in 2022, picking up by 47% against the year before. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; washers, (including spring washers), not threadeds soared to $2.7M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +47.1% against 2019 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 656 | 940 | 1,068 | 1,597 | 34.5% |
| China | 474 | 344 | 461 | 420 | -4.0% |
| India | 83.4 | 66.7 | 171 | 167 | 26.0% |
| Spain | 105 | 83.4 | 60.6 | 93.9 | -3.7% |
| Slovakia | 94.4 | 8.4 | 0.5 | 1.6 | -74.3% |
| Others | 439 | 449 | 309 | 446 | 0.5% |
| Total | 1,852 | 1,891 | 2,069 | 2,726 | 13.8% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Italy in 2022:
- Germany (77.0 tons)
- China (35.7 tons)
- India (13.1 tons)
- Spain (6.4 tons)
- Slovakia (0.3 tons)
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