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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $18,512 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 44%. Over the period under review, average import prices hit record highs at $23,147 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 France ($34,122 per ton), while the price for China ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $54,826 per ton in 2022, surging by 58% against the previous year. Over the period under review, the export price posted a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 58%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($68,800 per ton), while the average price for exports to Belgium ($15,161 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 Romania (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Luxembourg recorded growth in supplies from abroad of copper; washers, (including spring washers), not threadeds, which increased by 4.7% to 4.8 tons in 2022. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $89K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38.222.037.242.33.5%
France6.06.63.620.149.6%
Belgium9.56.012.313.311.9%
Poland1.021.92.95.576.5%
Netherlands0.41.62.11.865.1%
China8.0N/AN/AN/A0%
Others16.46.16.55.9-28.9%
Total79.464.264.689.03.9%

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

  1. Germany (2416.0 kg)
  2. Belgium (1022.0 kg)
  3. France (588.0 kg)
  4. Netherlands (296.0 kg)
  5. Poland (250.0 kg)
  6. China (1.0 kg)

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

In 2022, exports of copper; washers, (including spring washers), not threadeds from Luxembourg reduced remarkably to 425 kg, declining by -49.5% compared with 2021. Overall, exports saw a sharp decline. The smallest decline of -47.7% was in 2021.

In value terms, exports of copper; washers, (including spring washers), not threadeds fell rapidly to $23K in 2022. Over the period under review, exports recorded a precipitous setback. The smallest decline of -17.2% was in 2021.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary7.18.212.411.417.1%
Romania4.85.68.07.717.1%
Belgium1.40.24.31.3-2.4%
France31.820.40.50.5-74.9%
Germany86.10.3N/A0.4-83.3%
Others3.10.74.02.0-13.6%
Total13435.329.223.3-44.2%

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

  1. Hungary (165.0 kg)
  2. Romania (128.0 kg)
  3. Belgium (87.0 kg)
  4. Germany (22.0 kg)
  5. France (11.0 kg)

Source: IndexBox Market Intelligence Platform

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