Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Korea - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Korea (FOB) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Korea (CIF) - 2022
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in South Korea
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in South Korea
Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Korea (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $42,513 per ton, falling by -7.6% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices hit record highs at $55,463 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($62,533 per ton), while the average price for exports to Oman ($8,091 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 the Czech Republic (+148.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in South Korea (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $61,361 per ton in 2022, growing by 53% against the previous year. In general, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2015 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the maximum at $86,388 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($135,491 per ton), while the price for Singapore ($4,395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in South Korea
In 2022, approx. 80 tons of copper; washers, (including spring washers), not threadeds were exported from South Korea; rising by 6.4% against the previous year. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21%.
In value terms, exports of copper; washers, (including spring washers), not threadeds reduced modestly to $3.4M in 2022. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8% against the previous year.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 749 | 409 | 790 | 1,153 | 15.5% |
| China | 2,356 | 1,508 | 1,247 | 932 | -26.6% |
| Vietnam | 250 | 289 | 337 | 384 | 15.4% |
| Czech Republic | N/A | 148 | 140 | 159 | 3.6% |
| Mexico | 151 | 118 | 121 | 158 | 1.5% |
| Slovakia | 7.3 | 151 | 153 | 155 | 176.9% |
| Indonesia | 35.9 | 32.7 | 60.2 | 81.5 | 31.4% |
| Slovenia | 342 | N/A | N/A | N/A | 0% |
| Others | 400 | 488 | 603 | 372 | -2.4% |
| Total | 4,293 | 3,144 | 3,451 | 3,395 | -7.5% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from South Korea in 2022:
- United States (27.4 tons)
- China (19.6 tons)
- Vietnam (11.5 tons)
- Indonesia (8.1 tons)
- Slovakia (2.7 tons)
- Czech Republic (2.6 tons)
- Mexico (2.5 tons)
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in South Korea
In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into South Korea reduced sharply to 15 tons, waning by -21.5% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. As a result, imports attained the peak of 19 tons, and then shrank sharply in the following year.
In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $918K in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.7 | 75.4 | 60.5 | 354 | 131.1% |
| Germany | 322 | 341 | 343 | 321 | -0.1% |
| China | 382 | 148 | 265 | 143 | -27.9% |
| Romania | 41.7 | 15.7 | 39.8 | 40.0 | -1.4% |
| Italy | 5.5 | 7.7 | 14.6 | 11.3 | 27.1% |
| Japan | 12.5 | 11.0 | 8.8 | 10.3 | -6.2% |
| United Kingdom | 3.1 | 23.0 | 16.2 | 9.8 | 46.8% |
| Singapore | N/A | 0.9 | 0.7 | 2.1 | 52.8% |
| Others | 4.1 | 21.2 | 12.7 | 26.8 | 87.0% |
| Total | 800 | 643 | 761 | 918 | 4.7% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to South Korea in 2022:
- United States (5.7 tons)
- China (4.1 tons)
- Germany (2.4 tons)
- United Kingdom (0.8 tons)
- Italy (0.5 tons)
- Singapore (0.5 tons)
- Romania (0.3 tons)
- Japan (0.3 tons)
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