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

Contents:

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

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

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $36,839 per ton in November 2023, surging by 34% against the previous month. In general, import price indicated temperate growth from December 2022 to November 2023: its price increased at an average monthly rate of +2.1% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by +138.6% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 79% against the previous month. Over the period under review, average import prices hit record highs in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($130K per ton), while the price for India ($11,165 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $37,969 per ton in 2022, with a decrease of -6.5% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The export price peaked at $40,613 per ton in 2021, and then reduced in the following year.

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 the Czech Republic ($42,635 per ton), while the average price for exports to Slovakia ($14,350 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 Croatia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into Austria skyrocketed to 329 tons, jumping by 46% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded significantly to $7.1M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Germany (135.1 tons)
2. Switzerland (58.3 tons)
3. Turkey (30.7 tons)
4. Slovenia (29.6 tons)
5. China (20.5 tons)
6. Italy (17.4 tons)
7. India (9.3 tons)
8. France (6.1 tons)

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

In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded exported from Austria fell slightly to 101 tons, reducing by -4.3% against the previous year. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded shrank to $3.9M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, the exports reached the peak of $4.3M, and then contracted in the following year.

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

1. Hungary (21.6 tons)
2. Romania (19.0 tons)
3. Germany (16.9 tons)
4. United States (8.9 tons)
5. Poland (8.0 tons)
6. Croatia (6.0 tons)
7. China (3.5 tons)
8. Czech Republic (3.3 tons)
9. Slovakia (1.7 tons)

Source: IndexBox Market Intelligence Platform