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

Contents:

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

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $43,785 per ton in 2022, growing by 435% against the previous year. Over the period under review, the export price showed a prominent expansion. As a result, the export price reached 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 the United Arab Emirates.

From 2016 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5,738.0% per year.

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $28,923 per ton in 2022, with a decrease of -22.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 46%. Over the period under review, average import prices reached the peak figure at $48,674 per ton in 2016; however, from 2017 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 Germany ($38,720 per ton), while the price for India ($16,106 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of copper; washers, (including spring washers), not threadeds were finally on the rise to reach 6.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; washers, (including spring washers), not threadeds skyrocketed to $288K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A2880%
Germany5.50.20.1N/A-86.5%
OthersN/AN/AN/AN/A0%
Total5.50.20.1288274.1%

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

  1. United Arab Emirates (6.6 tons)

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

In 2022, imports of copper; washers, (including spring washers), not threadeds into Kuwait surged to 6.2 tons, jumping by 40% on the previous year. Over the period under review, imports, however, showed a sharp contraction.

In value terms, imports of copper; washers, (including spring washers), not threadeds amounted to $178K in 2022. In general, imports, however, recorded a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 56%.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.62.33.532.980.4%
Italy4.43.31.528.285.8%
China26.02.712.922.4-4.8%
Denmark1.31.13.616.6133.7%
India10915.15.413.4-50.3%
United States16.810.511.412.8-8.7%
Spain5.52.06.39.821.2%
Taiwan (Chinese)39.70.512.59.4-38.1%
Japan7.84.814.18.11.3%
Germany41.14.55.41.9-64.1%
Sweden8.32.32.41.4-44.7%
United Arab Emirates24.419.54.2N/A-58.5%
Egypt5.32.64.9N/A-3.8%
Others78.534.276.621.2-35.4%
Total373105165178-21.9%

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

  1. Italy (1739.0 kg)
  2. United Kingdom (855.0 kg)
  3. India (829.0 kg)
  4. China (582.0 kg)
  5. Denmark (432.0 kg)
  6. United States (332.0 kg)
  7. Spain (255.0 kg)
  8. Taiwan (Chinese) (244.0 kg)
  9. Japan (209.0 kg)
  10. Germany (50.0 kg)
  11. Sweden (37.0 kg)

Source: IndexBox Market Intelligence Platform

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