Price for Copper; Washers, (Including Spring Washers), Not Threaded in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $11,265 per ton, dropping by -25.1% against the previous year. In general, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2015 an increase of 85% against the previous year. As a result, import price reached the peak level of $33,454 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($36,468 per ton), while the price for China ($7,787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $18,467 per ton in 2022, picking up by 12% against the previous year. In general, the export price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2013 an increase of 59%. As a result, the export price reached the peak level of $38,500 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($71,600 per ton), while the average price for exports to Australia amounted to $14,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+38.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 2.4 tons of copper; washers, (including spring washers), not threadeds were imported into Sri Lanka; with an increase of 46% against 2021. In general, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 97%. As a result, imports reached the peak of 7.3 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 rose rapidly to $28K in 2022. Over the period under review, imports, however, saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports attained the peak of $75K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.821.47.213.997.7%
United Kingdom10.03.62.02.3-38.7%
Germany13.515.45.62.3-44.6%
United States2.3N/A0.62.2-1.5%
Japan4.72.20.31.4-33.2%
India13.712.03.71.4-53.2%
Thailand0.2N/AN/A1.491.3%
Italy3.50.80.41.2-30.0%
Taiwan (Chinese)N/A5.71.40.7-65.0%
Singapore2.01.60.10.4-41.5%
France1.72.00.2N/A-65.7%
Others4.310.43.50.4-54.7%
Total57.975.225.227.6-21.9%

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

  1. China (1788.0 kg)
  2. United States (207.0 kg)
  3. India (135.0 kg)
  4. Germany (80.0 kg)
  5. Italy (64.0 kg)
  6. United Kingdom (62.0 kg)
  7. Thailand (50.0 kg)
  8. Japan (25.0 kg)
  9. Taiwan (Chinese) (18.0 kg)
  10. Singapore (13.0 kg)

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

In 2022, shipments abroad of copper; washers, (including spring washers), not threadeds increased by 174% to 137 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic downturn.

In value terms, exports of copper; washers, (including spring washers), not threadeds soared to $2.5K in 2022. Over the period under review, exports, however, saw a precipitous setback.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia4.62.80.81.8-26.9%
ChinaN/AN/AN/A0.70%
New Zealand2.61.4N/AN/A-46.2%
Indonesia0.2N/AN/AN/A0%
Iceland0.1N/AN/AN/A0%
Netherlands0.1N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total7.64.20.82.5-31.0%

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

  1. Australia (127.0 kg)
  2. China (10.0 kg)

Source: IndexBox Market Intelligence Platform

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