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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $5,734 per ton in 2022, rising by 36% against the previous year. Over the period under review, the import price posted a measured expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 90% against the previous year. The import price peaked at $6,502 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 Germany ($10,456 per ton), while the price for Taiwan (Chinese) ($954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+89.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $8,477 per ton, standing approx. at the previous year. In general, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices hit record highs at $10,863 per ton in 2019; however, from 2020 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 Germany ($13,298 per ton), while the average price for exports to Indonesia ($3,664 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 (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper; washers, (including spring washers), not threadeds, when their volume increased by 23% to 297 tons. Overall, imports, however, saw a precipitous decrease.

In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $1.7M in 2022. In general, imports, however, recorded a deep slump.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States73.7127136948134.3%
Japan2291652392452.3%
Germany8.95.3123200182.2%
China2,550358149107-65.3%
Taiwan (Chinese)10.846.362.042.257.5%
Italy5.31.7N/A21.459.2%
United KingdomN/AN/A251N/A0%
Others73.953.953.014023.7%
Total2,9517581,0131,703-16.7%

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

  1. United States (162.3 tons)
  2. Taiwan (Chinese) (44.3 tons)
  3. China (29.9 tons)
  4. Japan (25.7 tons)
  5. Germany (19.1 tons)
  6. Italy (7.7 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of copper; washers, (including spring washers), not threadeds, when their volume increased by 208% to 40 tons. Over the period under review, exports, however, showed a precipitous setback.

In value terms, exports of copper; washers, (including spring washers), not threadeds surged to $339K in 2022. Overall, exports, however, faced a dramatic shrinkage.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.1N/AN/A161324.8%
Japan33.739.777.610144.2%
Indonesia1.5N/AN/A26.2159.5%
PhilippinesN/A7.8N/A17.750.6%
SingaporeN/AN/A3.217.1434.4%
United States15.629.515.114.2-3.1%
India2,05861.50.7N/A-98.2%
UkraineN/A74.6N/AN/A0%
Others57.214.912.51.5-70.3%
Total2,169228109339-46.1%

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

  1. Australia (14.3 tons)
  2. Japan (13.9 tons)
  3. Indonesia (7.2 tons)
  4. Singapore (1.8 tons)
  5. Philippines (1.5 tons)
  6. United States (1.3 tons)

Source: IndexBox Market Intelligence Platform

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