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

Contents:

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

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $77,552 per ton in 2022, rising by 21% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 increased by +42.5% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($219,791 per ton), while the average price for exports to Poland ($21,187 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 Morocco (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $56,186 per ton in 2022, falling by -19.8% against the previous year. In general, the import price, however, posted tangible growth. The pace of growth appeared the most rapid in 2018 an increase of 154%. Over the period under review, average import prices attained the maximum at $125,479 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($228,400 per ton), while the price for China ($21,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of copper; washers, (including spring washers), not threadeds, when their volume decreased by -30.3% to 15 tons. In general, exports showed a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of 22 tons, and then contracted remarkably in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds reduced markedly to $1.2M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $1.4M, and then shrank sharply in the following year.

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

1. Austria (4.6 tons)
2. Germany (2.3 tons)
3. Poland (1.8 tons)
4. France (1.3 tons)
5. China (1.0 tons)
6. Italy (0.5 tons)
7. Denmark (0.4 tons)
8. United States (0.3 tons)
9. Czech Republic (0.3 tons)
10. Finland (0.3 tons)
11. Morocco (0.3 tons)
12. Bulgaria (0.3 tons)
13. United Kingdom (0.2 tons)

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Switzerland skyrocketed to 19 tons, growing by 30% on the previous year. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of copper; washers, (including spring washers), not threadeds reached $1.1M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.5% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Germany (7.0 tons)
2. China (5.1 tons)
3. Taiwan (Chinese) (4.7 tons)
4. Italy (0.6 tons)
5. India (0.4 tons)
6. France (0.4 tons)

Source: IndexBox Market Intelligence Platform