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

Contents:

  1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands (FOB) - 2022
  2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands (CIF) - 2023
  3. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands
  4. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $26,324 per ton in 2022, which is down by -28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 61% against the previous year. The export price peaked at $36,538 per ton in 2021, and then dropped significantly in the following year.

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 Norway ($74,384 per ton), while the average price for exports to Belgium ($8,639 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 UK (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In October 2023, the average import price for copper; washers, (including spring washers), not threadeds amounted to $11,076 per ton, surging by 134% against the previous month. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 331% m-o-m. As a result, import price attained the peak level of $12,127 per ton. From July 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($8,637 per ton), while the price for Japan stood at $7,521 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.8%), while the prices for the other major suppliers experienced a decline.

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

Exports of copper; washers, (including spring washers), not threadeds from the Netherlands amounted to 103 tons in 2022, increasing by 7.1% on the previous year's figure. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of copper; washers, (including spring washers), not threadeds contracted dramatically to $2.7M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of $3.5M, and then reduced remarkably in the following year.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany94.02151,11633652.9%
United States15711612032827.8%
United Kingdom10111711124334.0%
France11914616017814.4%
Belgium1321201551494.1%
Aruba2.70.81.099.2232.4%
Czech Republic39.946.814888.430.4%
Luxembourg4.53.13.150.9124.5%
Russia47639745049.7-52.9%
Spain81.681.973.946.3-17.2%
Romania59.035.851.437.6-13.9%
Poland20.231.840.936.621.9%
Italy67.653.748.934.8-19.9%
Others7621,0751,0241,02510.4%
Total2,1172,4403,5042,7038.5%

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

  1. Germany (22.0 tons)
  2. Belgium (17.2 tons)
  3. United States (14.7 tons)
  4. France (8.2 tons)
  5. United Kingdom (5.5 tons)
  6. Luxembourg (3.8 tons)
  7. Czech Republic (3.5 tons)
  8. Spain (2.7 tons)
  9. Poland (2.2 tons)
  10. Aruba (1.7 tons)
  11. Italy (1.4 tons)
  12. Romania (1.0 tons)
  13. Russia (0.3 tons)

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

In 2022, after three years of growth, there was decline in purchases abroad of copper; washers, (including spring washers), not threadeds, when their volume decreased by -1.5% to 262 tons. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 103%.

In value terms, imports of copper; washers, (including spring washers), not threadeds contracted significantly to $2.2M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of $2.7M, and then dropped significantly in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38745153570622.2%
China19249143339126.8%
France58.224018625764.1%
South Korea6.04.337.8180210.7%
United States13296.411392.0-11.3%
Belgium53.332.336.342.9-7.0%
Japan59.259.493.141.8-11.0%
India25.12.687931.78.1%
Others22837338443924.4%
Total1,1411,7502,6992,18124.1%

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

  1. China (98.6 tons)
  2. Germany (87.1 tons)
  3. France (28.2 tons)
  4. Belgium (11.5 tons)
  5. South Korea (6.9 tons)
  6. United States (4.7 tons)
  7. India (3.5 tons)
  8. Japan (2.8 tons)

Source: IndexBox Market Intelligence Platform

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