Price for Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania - 2023

Contents:

  1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (CIF) - 2022
  2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (FOB) - 2022
  3. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania
  4. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (CIF) - 2022

The average import price for copper; washers, (including spring washers), not threadeds stood at $14,954 per ton in 2022, with a decrease of -16% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 5.8% against the previous year. Over the period under review, average import prices attained the maximum at $45,781 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($54,538 per ton), while the price for Poland ($8,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (FOB) - 2022

In 2022, the average export price for copper; washers, (including spring washers), not threadeds amounted to $46,572 per ton, surging by 14% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; washers, (including spring washers), not threadeds decreased by -14.9% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $54,703 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($115,765 per ton), while the average price for exports to Tajikistan ($2,757 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 Hungary (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Lithuania soared to 16 tons, with an increase of 62% against 2021 figures. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $238K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 72%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland22.227.846.960.439.6%
Germany15.416.030.742.440.2%
Finland16.326.244.538.232.8%
DenmarkN/A0.15.032.51702.8%
China18.410.015.926.713.2%
Italy0.81.20.94.780.4%
RomaniaN/AN/AN/A4.50%
United Arab Emirates2.8N/AN/AN/A0%
Others26.319.830.328.32.5%
Total10210117423832.6%

Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Lithuania in 2022:

  1. Poland (7.0 tons)
  2. Germany (3.6 tons)
  3. Denmark (1.6 tons)
  4. China (0.9 tons)
  5. Finland (0.7 tons)
  6. Italy (0.5 tons)
  7. Romania (0.4 tons)

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania

In 2022, exports of copper; washers, (including spring washers), not threadeds from Lithuania reduced to 2.7 tons, which is down by -5.9% compared with 2021. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 218%. As a result, the exports reached the peak of 2.9 tons, and then fell in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds amounted to $125K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 137%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15.67.860.918.96.6%
Latvia6.811.221.416.434.1%
United Arab EmiratesN/AN/AN/A15.40%
KyrgyzstanN/AN/AN/A13.50%
Hungary0.70.51.910.1143.4%
Estonia3.05.712.19.446.3%
Belarus17.518.115.98.3-22.0%
TajikistanN/AN/AN/A2.00%
Poland0.81.41.20.7-4.4%
Others2.64.63.530.6127.5%
Total47.049.311712538.5%

Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Lithuania in 2022:

  1. Tajikistan (711.0 kg)
  2. Kyrgyzstan (497.0 kg)
  3. Russia (472.0 kg)
  4. United Arab Emirates (232.0 kg)
  5. Latvia (150.0 kg)
  6. Belarus (126.0 kg)
  7. Hungary (111.0 kg)
  8. Estonia (81.0 kg)
  9. Poland (18.0 kg)

Source: IndexBox Market Intelligence Platform

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