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

Contents:

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

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

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $45,515 per ton in November 2023, dropping by -2.8% against the previous month. In general, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in August 2023 when the average import price increased by 42% against the previous month. As a result, import price reached the peak level of $67,894 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($155K per ton), while the price for Poland ($10,477 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 China (+11.1%), 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 the Czech Republic (FOB) - 2023

In November 2023, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $106K per ton, jumping by 33% against the previous month. In general, export price indicated buoyant growth from December 2022 to November 2023: its price increased at an average monthly rate of +5.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded increased by +86.3% against July 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 56% month-to-month. Over the period under review, the average export prices attained the peak figure in November 2023.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Hungary ($843K per ton), while the average price for exports to Brazil ($24,883 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+124.4%), 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 the Czech Republic

For the third year in a row, the Czech Republic recorded decline in supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which decreased by -36.5% to 211 tons in 2022. Over the period under review, imports saw a precipitous descent. The smallest decline of -15.9% was in 2020.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded declined remarkably to $8.5M in 2022. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 19%.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.16.57.46.0-9.5%
China0.2N/A0.20.751.8%
Italy0.20.20.40.314.5%
Taiwan (Chinese)0.10.10.10.10.0%
Austria0.10.10.10.10.0%
Others1.71.72.01.3-8.6%
Total10.48.610.38.5-6.5%

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

  1. Germany (149.1 tons)
  2. China (25.7 tons)
  3. Italy (11.1 tons)
  4. Austria (5.2 tons)
  5. Taiwan (Chinese) (4.2 tons)

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

In 2022, approx. 27 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from the Czech Republic; which is down by -19% compared with the year before. In general, exports recorded a deep setback. The smallest decline of -0.1% was in 2021.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded significantly to $1.4M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +63.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 52%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3834034123900.6%
Austria82.262.054.320234.9%
Netherlands0.34.4184154700.7%
United Kingdom0.33.8156142679.3%
Slovakia14799.578.7102-11.5%
Romania3.63.368.643.6129.6%
Egypt3.27.9N/A38.6129.3%
Poland9.046.419.225.842.1%
Others2432113052804.8%
Total8718421,2771,37716.5%

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

  1. Germany (11.1 tons)
  2. Slovakia (3.7 tons)
  3. Egypt (2.0 tons)
  4. United Kingdom (1.8 tons)
  5. Austria (1.7 tons)
  6. Poland (1.4 tons)
  7. Netherlands (1.1 tons)
  8. Romania (0.9 tons)

Source: IndexBox Market Intelligence Platform

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