Price for Copper; Washers, (Including Spring Washers), Not Threaded in the Dominican Republic - 2023

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $9,118 per ton in 2022, reducing by -4.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 39% against the previous year. The import price peaked at $44,583 per ton in 2015; however, from 2016 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 Peru ($35,300 per ton), while the price for India ($4,917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $3,000 per ton, falling by -94.4% against the previous year. Over the period under review, the export price faced a precipitous setback. The pace of growth appeared the most rapid in 2020 an increase of 141% against the previous year. The export price peaked at $1,272,000 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +11.5% per year.

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in the Dominican Republic

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; washers, (including spring washers), not threadeds, when their volume decreased by -28% to 2.4 tons. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +24.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 3.3 tons, and then declined sharply in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds plummeted to $22K in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $32K, and then reduced markedly in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.41.113.06.337.9%
China7.09.81.74.9-11.2%
United States3.48.813.92.4-11.0%
Peru0.9N/A0.61.826.0%
United KingdomN/A0.4N/A1.7106.2%
Spain1.63.31.11.1-11.7%
India1.30.20.50.8-14.9%
Panama6.4N/A0.1N/A-87.5%
Others2.60.90.82.71.3%
Total25.524.431.621.7-5.2%

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

  1. Germany (1080.0 kg)
  2. China (705.0 kg)
  3. United States (187.0 kg)
  4. India (169.0 kg)
  5. Spain (64.0 kg)
  6. United Kingdom (54.0 kg)
  7. Peru (50.0 kg)

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in the Dominican Republic

In 2022, exports of copper; washers, (including spring washers), not threadeds from the Dominican Republic was estimated at 1 kg, remaining constant against the previous year. Over the period under review, exports recorded a sharp slump. The smallest decline of -75% was in 2021.

In value terms, exports of copper; washers, (including spring washers), not threadeds dropped markedly to $3 in 2022. Overall, exports recorded a dramatic slump. The smallest decline of -86.2% was in 2021.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.4N/AN/A300.0%
NetherlandsN/AN/AN/AN/A0%
United States11.6N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total11.60.40.1N/A-90.7%

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

  1. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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