Price for Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $6,762 per ton, dropping by -30.1% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum at $9,669 per ton in 2021, and then contracted sharply 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 the United States ($10,671 per ton), while the price for Italy ($3,712 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 (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $7,934 per ton, rising by 5% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 517% against the previous year. The export price peaked at $89,214 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +101.6% per year.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan
In 2022, purchases abroad of copper; washers, (including spring washers), not threadeds decreased by -10.5% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 +52.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of 1.6 tons, and then dropped in the following year.
In value terms, imports of copper; washers, (including spring washers), not threadeds declined sharply to $9.5K in 2022. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $15K, and then declined dramatically in the following year.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.3 | 1.5 | 1.9 | 5.6 | 62.7% |
| Germany | 0.1 | 0.4 | 0.5 | 1.6 | 152.0% |
| Italy | N/A | N/A | 1.4 | 1.4 | 0.0% |
| United States | 0.5 | 1.6 | 0.7 | 0.7 | 11.9% |
| United Arab Emirates | 4.2 | 4.8 | 8.5 | 0.1 | -71.2% |
| Austria | N/A | N/A | 0.8 | N/A | 0% |
| Netherlands | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.4 | 0.9 | 0.6 | 0.1 | -37.0% |
| Total | 6.5 | 9.2 | 15.2 | 9.5 | 13.5% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Pakistan in 2022:
- China (771.0 kg)
- Italy (371.0 kg)
- Germany (181.0 kg)
- United States (70.0 kg)
- United Arab Emirates (3.0 kg)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan
Exports of copper; washers, (including spring washers), not threadeds from Pakistan declined rapidly to 91 kg in 2022, with a decrease of -55.4% on the previous year's figure. Over the period under review, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 96% against the previous year. As a result, the exports attained the peak of 204 kg, and then shrank dramatically in the following year.
In value terms, exports of copper; washers, (including spring washers), not threadeds shrank sharply to $722 in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 245% against the previous year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 722 | 0% |
| Tajikistan | N/A | N/A | 76.0 | N/A | 0% |
| Romania | 271 | 666 | N/A | N/A | 145.8% |
| Angola | 14.0 | N/A | N/A | N/A | 0% |
| Madagascar | N/A | 225 | N/A | N/A | 0% |
| Bahrain | N/A | 92.0 | 1,466 | N/A | 1493.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 285 | 983 | 1,542 | 722 | 36.3% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Pakistan in 2022:
- United Arab Emirates (91.0 kg)
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