Price for Copper; Washers, (Including Spring Washers), Not Threaded in Angola - 2022
Contents:
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Angola (CIF) - 2022
- Price for Copper; Washers, (Including Spring Washers), Not Threaded in Angola (FOB) - 2022
- Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Angola
- Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Angola
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Angola (CIF) - 2022
In 2022, the average import price for copper; washers, (including spring washers), not threadeds amounted to $4,332 per ton, approximately equating the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 an increase of 29%. Over the period under review, average import prices attained the maximum at $16,511 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($4,713 per ton), while the price for the United Arab Emirates ($630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-9.1%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Washers, (Including Spring Washers), Not Threaded in Angola (FOB) - 2022
The average export price for copper; washers, (including spring washers), not threadeds stood at $2,000 per ton in 2022, rising by 13% against the previous year. Overall, the export price, however, continues to indicate a sharp descent. The growth pace was the most rapid in 2020 an increase of 53%. The export price peaked at $25,625 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($2,042 per ton), while the average price for exports to Belgium totaled $1,000 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-20.4%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Angola
For the fourth consecutive year, Angola recorded growth in overseas purchases of copper; washers, (including spring washers), not threadeds, which increased by 67% to 26 tons in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 84%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of copper; washers, (including spring washers), not threadeds surged to $113K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 138% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Copper; Washers, (Including Spring Washers), Not Threaded in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 12.2 | 7.1 | 47.8 | 89.3 | 94.2% |
| United Kingdom | 0.7 | 4.0 | 1.8 | 7.8 | 123.4% |
| Belgium | 0.2 | 0.4 | 0.5 | 1.8 | 108.0% |
| China | 1.9 | 1.4 | 0.3 | 0.9 | -22.0% |
| Spain | 0.2 | 0.3 | 0.3 | 0.8 | 58.7% |
| Brazil | 0.6 | 5.8 | 0.1 | 0.5 | -5.9% |
| United Arab Emirates | 0.5 | 1.3 | 1.1 | 0.3 | -15.7% |
| Others | 8.3 | 7.9 | 15.0 | 11.2 | 10.5% |
| Total | 24.6 | 28.2 | 67.0 | 113 | 66.2% |
Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Angola in 2022:
- Portugal (18.9 tons)
- United Kingdom (2.2 tons)
- Belgium (1.1 tons)
- China (0.9 tons)
- Brazil (0.4 tons)
- United Arab Emirates (0.4 tons)
- Spain (0.4 tons)
Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Angola
In 2022, shipments abroad of copper; washers, (including spring washers), not threadeds increased by 47% to 25 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a pronounced curtailment.
In value terms, exports of copper; washers, (including spring washers), not threadeds skyrocketed to $50 in 2022. In general, exports recorded a relatively flat trend pattern.
| Export of Copper; Washers, (Including Spring Washers), Not Threaded in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 5.0 | 36.0 | 20.0 | 49.0 | 114.0% |
| Belgium | 30.0 | 35.0 | 8.0 | 1.0 | -67.8% |
| Cameroon | 1.0 | N/A | N/A | N/A | 0% |
| United States | 6.0 | N/A | N/A | N/A | 0% |
| Guinea | 8.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 2.0 | N/A | 0% |
| Total | 50.0 | 71.0 | 30.0 | 50.0 | 0.0% |
Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Angola in 2022:
- Congo (24.0 kg)
- Belgium (1.0 kg)
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