Middle East: Copper Washer Market 2020

Copper Washer Market Size in Middle East

The revenue of the copper washer market in Middle East amounted to $X in 2017, reducing by -X% against the previous year. The copper washer consumption continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014, when market value increased by X% y-o-y. Over the period under review, the copper washer market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Copper Washer Production in Middle East

In 2017, approx. X tons of copper washers, rivets, cotters, cotter pins were produced in Middle East; jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. The volume of copper washer production peaked in 2017, and is likely to see steady growth in the near future.

Copper Washer Exports in Middle East

In 2017, the amount of copper washers, rivets, cotters, cotter pins exported in Middle East amounted to X tons, increasing by X% against the previous year. The copper washer exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, copper washer exports amounted to $X in 2017. The copper washer exports continue to indicate a prominent growth. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Copper Washer Exports by Country in Middle East

In 2017, Israel (X tons) was the largest exporter for copper washers, rivets, cotters, cotter pins, making up X% of total exports. Kuwait (X tons) took the second position in the ranking, followed by Turkey (X tons) and the United Arab Emirates (X tons). All these countries together took near X% share of total exports.

Israel was also the fastest growing in terms of the copper washers, rivets, cotters, cotter pins exports, with a CAGR of +X% from 2007 to 2017. At the same time, Kuwait (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. The United Arab Emirates (-X%), Kuwait (-X%) and Israel (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest copper washer markets worldwide were Israel ($X), Kuwait ($X) and Turkey ($X), with a combined X% share of total exports.

Israel (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Copper Washer Export Prices by Country in Middle East

The copper washer export price in Middle East stood at $X per ton in 2017, lowering by -X% against the previous year. The copper washer export price continues to indicate a drastic drop. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. Over the period under review, the export prices for copper washers, rivets, cotters, cotter pins attained its peak figure level of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (-X% per year), while the other leaders experienced a decline in the export price figures.

Copper Washer Imports in Middle East

In 2017, copper washer imports in Middle East stood at X tons, lowering by -X% against the previous year. The copper washer imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. In that year, the copper washer imports reached their peak volume of X tons. From 2016 to 2017, growth of the copper washer imports stood at a somewhat lower level.

In value terms, copper washer imports amounted to $X in 2017. The copper washer imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Copper Washer Imports by Country in Middle East

Turkey (X tons) and Saudi Arabia (X tons) represented the main importers of copper washers, rivets, cotters, cotter pins in 2017, finishing at near X% and X% of total imports, respectively. The United Arab Emirates (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Kuwait (X%) and Israel (X%). Oman (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Among the main importing countries , Turkey (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Copper Washer Import Prices by Country in Middle East

In 2017, the copper washer import price in Middle East amounted to $X per kg, growing by X% against the previous year. The import price indicated a conspicuous expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the copper washer import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016, when the import prices increased by X% year-to-year. Over the period under review, the import prices for copper washers, rivets, cotters, cotter pins attained its maximum level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Israel ($X per kg), while Qatar ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform