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

Contents:

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

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

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $354,430 per ton, picking up by 454% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($474,903 per ton), while the average price for exports to Malaysia ($9,764 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 Indonesia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $45,437 per ton, with an increase of 51% against the previous year. Overall, the import price enjoyed a strong increase. The growth pace was the most rapid in 2017 an increase of 86% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($65,011 per ton), while the price for India ($8,450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), 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 Singapore

In 2022, approx. 524 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from Singapore; jumping by 173% against 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 182% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $186M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.20.51681088.8%
Indonesia0.43.19.013.2220.8%
United StatesN/AN/A0.50.980.0%
Malaysia1.30.20.30.3-38.7%
Others0.90.91.92.744.2%
Total2.84.412.3186305.0%

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

  1. China (354.7 tons)
  2. Indonesia (101.7 tons)
  3. Malaysia (32.1 tons)
  4. United States (15.9 tons)

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

In 2022, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Singapore fell markedly to 31 tons, which is down by -48.5% compared with the previous year. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 116% against the previous year. As a result, imports reached the peak of 60 tons, and then dropped significantly in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded shrank remarkably to $1.4M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 109%. As a result, imports reached the peak of $1.8M, and then shrank rapidly in the following year.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15410842131326.7%
Germany2282734652989.3%
United Kingdom20.5104306250130.2%
United States85.315419921836.7%
Malaysia32.38.711.262.524.6%
Taiwan (Chinese)11.47.723.157.571.5%
Japan10.415.678.652.071.0%
India13947.715829.2-40.6%
Others175139133115-13.1%
Total8588571,7951,39517.6%

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

  1. China (5.4 tons)
  2. Germany (4.9 tons)
  3. Malaysia (4.2 tons)
  4. United Kingdom (3.8 tons)
  5. United States (3.5 tons)
  6. India (3.5 tons)
  7. Taiwan (Chinese) (2.6 tons)
  8. Japan (1.4 tons)

Source: IndexBox Market Intelligence Platform

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