Price for Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates - 2022

Contents:

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

Price for Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $14,621 per ton, rising by 5.6% against the previous year. In general, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 110%. The import price peaked at $27,438 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 ($58,752 per ton), while the price for Pakistan ($3,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $1,989 per ton in 2022, reducing by -84.4% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by 63% against the previous year. The export price peaked at $22,544 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($10,878 per ton), while the average price for exports to Saudi Arabia stood at $1,431 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-0.3%).

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into the United Arab Emirates declined modestly to 71 tons, waning by -1.6% on the year before. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 184%. As a result, imports reached the peak of 72 tons, and then dropped modestly in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds stood at $1M in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 188% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom63.346.553441787.5%
Germany70.459.485.716833.6%
United States19.710.553.5164102.7%
China31.629.469.799.046.3%
India12073.080.880.4-12.5%
PakistanN/AN/AN/A7.60%
Others230129174101-24.0%
Total5363479981,03824.6%

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

  1. United Kingdom (38.7 tons)
  2. India (11.4 tons)
  3. China (8.2 tons)
  4. United States (5.6 tons)
  5. Germany (2.9 tons)
  6. Pakistan (2.0 tons)

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates

Exports of copper; washers, (including spring washers), not threadeds from the United Arab Emirates surged to 381 tons in 2022, with an increase of 4,061% against 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; washers, (including spring washers), not threadeds skyrocketed to $757K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/A42.35221134.0%
Oman89.058.416.629.0-31.2%
Others28.554.157.820693.3%
Total11811211775785.8%

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

  1. Saudi Arabia (364.9 tons)
  2. Oman (2.7 tons)

Source: IndexBox Market Intelligence Platform

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