Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan - 2023

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan (FOB) - 2023
  2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan (CIF) - 2022
  3. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan
  4. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan (FOB) - 2023

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $23,431 per ton in November 2023, reducing by -5% against the previous month. Over the period under review, the export price recorded a slight decrease. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 22% m-o-m. Over the period under review, the average export prices attained the maximum at $32,643 per ton in March 2023; however, from April 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($83,124 per ton), while the average price for exports to Thailand ($18,124 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $52,562 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 64% against the previous year. As a result, import price reached the peak level of $69,812 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($188,779 per ton), while the price for Thailand ($20,890 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -28.5% to 278 tons in 2022. In general, exports continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 389 tons, and then contracted dramatically in the following year.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded plummeted to $6.9M in 2022. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 28%.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.33.03.53.0-3.1%
Vietnam0.11.11.41.0115.4%
China1.41.31.80.9-13.7%
India0.20.20.40.535.7%
Indonesia0.50.30.30.4-7.2%
Singapore0.11.31.10.10.0%
Others0.70.81.10.98.7%
Total6.28.09.66.93.6%

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

  1. Thailand (184.4 tons)
  2. Vietnam (27.6 tons)
  3. China (25.3 tons)
  4. Indonesia (11.7 tons)
  5. Singapore (10.0 tons)
  6. India (4.4 tons)

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

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into Japan dropped modestly to 29 tons, falling by -3.3% against 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%. As a result, imports attained the peak of 30 tons, and then declined slightly in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded skyrocketed to $1.5M in 2022. The total import value increased at an average annual rate of +14.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)33327244548913.7%
China340407466337-0.3%
Germany64.431.931.913828.9%
Thailand9.6N/A11.687.8109.1%
South Korea31.153.224.057.923.0%
Others25546625242618.7%
Total1,0331,2301,2311,53514.1%

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

  1. China (14.2 tons)
  2. Taiwan (Chinese) (8.3 tons)
  3. Thailand (4.2 tons)
  4. Germany (0.7 tons)
  5. South Korea (0.7 tons)

Source: IndexBox Market Intelligence Platform

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