Price for Copper; Washers, (Including Spring Washers), Not Threaded in Morocco - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $29,358 per ton, surging by 1.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 44%. The import price peaked at $40,610 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 Spain ($91,500 per ton), while the price for China ($15,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $70,929 per ton in 2022, with an increase of 230% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($102,750 per ton), while the average price for exports to the United States ($3,000 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+31.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco
In 2022, approx. 7.6 tons of copper; washers, (including spring washers), not threadeds were imported into Morocco; picking up by 17% compared with the previous year. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. As a result, imports reached the peak of 7.7 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of copper; washers, (including spring washers), not threadeds skyrocketed to $222K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 32.7 | 44.6 | 56.6 | 89.4 | 39.8% |
| Turkey | 0.8 | 0.1 | 0.6 | 47.3 | 289.6% |
| China | 34.4 | 46.2 | 39.4 | 36.8 | 2.3% |
| Spain | 6.7 | 41.4 | 28.3 | 18.3 | 39.8% |
| Italy | 1.7 | 9.4 | 43.8 | 10.7 | 84.6% |
| Germany | 34.4 | 22.9 | 13.6 | 9.9 | -34.0% |
| United States | 16.6 | 8.2 | 0.2 | 2.8 | -44.7% |
| Egypt | 4.9 | 8.4 | N/A | N/A | 71.4% |
| Others | 10.1 | 10.8 | 5.1 | 7.0 | -11.5% |
| Total | 142 | 192 | 188 | 222 | 16.1% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Morocco in 2022:
- China (2401.0 kg)
- Turkey (2313.0 kg)
- France (1980.0 kg)
- Italy (327.0 kg)
- Spain (200.0 kg)
- Germany (131.0 kg)
- United States (54.0 kg)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco
In 2022, exports of copper; washers, (including spring washers), not threadeds from Morocco soared to 14 kg, picking up by 133% compared with the previous year's figure. Overall, exports posted moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of copper; washers, (including spring washers), not threadeds skyrocketed to $993 in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 822 | 0% |
| France | 325 | 94.0 | 116 | 151 | -22.5% |
| Sweden | N/A | N/A | N/A | 17.0 | 0% |
| United States | 4.0 | N/A | N/A | 3.0 | -9.1% |
| Senegal | 1.0 | N/A | 13.0 | N/A | 260.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 330 | 94.0 | 129 | 993 | 44.4% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Morocco in 2022:
- Mexico (8.0 kg)
- France (4.0 kg)
- United States (1.0 kg)
- Sweden (1.0 kg)
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