Price for Copper; Washers, (Including Spring Washers), Not Threaded in the UK - 2023
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in the UK (FOB) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in the UK (CIF) - 2022
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in the UK
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in the UK
Price for Copper; Washers, (Including Spring Washers), Not Threaded in the UK (FOB) - 2022
In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $12,931 per ton, with a decrease of -48.1% against the previous year. In general, the export price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 83%. The export price peaked at $37,536 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 the United States ($66,829 per ton), while the average price for exports to Belgium ($4,051 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 France (+12.7%), 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 UK (CIF) - 2022
The average import price for copper; washers, (including spring washers), not threadeds stood at $20,498 per ton in 2022, jumping by 29% against the previous year. Overall, the import price showed modest growth. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
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 the United States ($31,170 per ton), while the price for India ($10,222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in the UK
For the fourth consecutive year, the UK recorded growth in overseas shipments of copper; washers, (including spring washers), not threadeds, which increased by 176% to 341 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained 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 $4.4M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 332 | 110 | 988 | 895 | 39.2% |
| Belgium | 10.3 | 26.9 | 6.7 | 871 | 338.9% |
| Germany | 224 | 245 | 200 | 276 | 7.2% |
| Switzerland | N/A | 14.7 | 3.0 | 171 | 241.1% |
| Spain | 56.2 | 75.2 | 4.5 | 125 | 30.5% |
| Ireland | 109 | 63.2 | 74.3 | 113 | 1.2% |
| France | 142 | 230 | 112 | 109 | -8.4% |
| Brazil | N/A | 2.6 | 196 | 79.3 | 452.3% |
| Netherlands | 304 | 328 | 150 | 46.8 | -46.4% |
| Gibraltar | N/A | N/A | N/A | 41.3 | 0% |
| Others | 1,080 | 1,204 | 1,349 | 1,687 | 16.0% |
| Total | 2,256 | 2,300 | 3,084 | 4,415 | 25.1% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from the UK in 2022:
- Belgium (215.1 tons)
- Germany (17.0 tons)
- United States (13.4 tons)
- Spain (10.3 tons)
- Switzerland (8.9 tons)
- Ireland (8.3 tons)
- Gibraltar (5.6 tons)
- Brazil (5.2 tons)
- Netherlands (4.8 tons)
- France (3.8 tons)
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in the UK
After three years of growth, supplies from abroad of copper; washers, (including spring washers), not threadeds decreased by -31.3% to 111 tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +17.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of 161 tons, and then shrank significantly in the following year.
In value terms, imports of copper; washers, (including spring washers), not threadeds declined to $2.3M in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 56%. As a result, imports attained the peak of $2.6M, and then shrank in the following year.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 298 | 657 | 861 | 786 | 38.2% |
| China | 243 | 209 | 478 | 448 | 22.6% |
| India | 107 | 88.7 | 140 | 232 | 29.4% |
| United States | 57.8 | 42.4 | 122 | 193 | 49.5% |
| Austria | 6.2 | 16.3 | 20.2 | 159 | 194.9% |
| Netherlands | 124 | 96.3 | 122 | 66.8 | -18.6% |
| Italy | 72.5 | 113 | 248 | 66.4 | -2.9% |
| Others | 341 | 420 | 571 | 315 | -2.6% |
| Total | 1,249 | 1,642 | 2,561 | 2,266 | 22.0% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to the UK in 2022:
- China (30.3 tons)
- Germany (29.8 tons)
- India (22.7 tons)
- United States (6.2 tons)
- Austria (6.1 tons)
- Netherlands (3.5 tons)
- Italy (2.5 tons)
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