Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq - 2022

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (CIF) - 2022
  2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (FOB) - 2022
  3. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq
  4. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (CIF) - 2022

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $17,535 per ton in 2022, increasing by 6.3% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 64%. Over the period under review, average import prices hit record highs at $27,195 per ton in 2012; however, from 2013 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 the United Arab Emirates ($159,351 per ton), while the price for Iran ($3,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (FOB) - 2022

In 2021, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $82,917 per ton, rising by 7.1% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +7.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2021, the rate of growth in terms of prices for India amounted to 0.0% per year.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq

In 2022, supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -49.8% to 3.1 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 72%. As a result, imports attained the peak of 7.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded shrank sharply to $54K in 2022. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 182%. As a result, imports reached the peak of $110K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.11.129.615.436.2%
United Arab Emirates3.325.144.911.852.9%
Iran9.39.19.38.2-4.1%
Turkey3.713.25.13.91.8%
IndiaN/A25.06.41.7-73.9%
Others16.736.66.913.6-6.6%
Total39.111010254.511.7%

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Iraq in 2022:

  1. Iran (2175.0 kg)
  2. China (588.0 kg)
  3. Turkey (145.0 kg)
  4. India (75.0 kg)
  5. United Arab Emirates (74.0 kg)

Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq

In 2021, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Iraq contracted to 12 kg, reducing by -7.7% on the previous year's figure. Overall, exports recorded a deep slump.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded contracted slightly to $995 in 2021. Over the period under review, exports saw a slight shrinkage.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iraq (USD)
COUNTRY20202021CAGR,
2020-2021
KuwaitN/A9950%
Spain362N/A0%
India644N/A0%
OthersN/AN/A0%
Total1,006995-1.1%

Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Iraq in 2022:

  1. Kuwait (12.0 kg)

Source: IndexBox Market Intelligence Platform

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