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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $10,525 per ton in 2022, dropping by -35% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $16,192 per ton, and then fell notably in the following year.

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 China ($27,441 per ton), while the price for Germany ($3,776 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $24,912 per ton in 2022, with a decrease of -41.4% against the previous year. In general, the export price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 183% against the previous year. Over the period under review, the average export prices reached the maximum at $56,287 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($38,000 per ton), while the average price for exports to the United States ($2,000 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 Singapore (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of copper; washers, (including spring washers), not threadeds imported into Ireland surged to 25 tons, picking up by 99% on the year before. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; washers, (including spring washers), not threadeds soared to $267K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.7% 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 +98.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom66.077.481.112824.7%
Germany2.616.912.250.3168.5%
China0.12.822.523.8519.7%
Japan1.0N/A4.59.7113.3%
BelgiumN/AN/A5.73.8-33.3%
Spain53.366.90.71.1-72.6%
Others11.519.679.650.263.4%
Total13418420626725.8%

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

  1. Germany (13.3 tons)
  2. United Kingdom (8.0 tons)
  3. Japan (1.0 tons)
  4. China (0.9 tons)
  5. Belgium (0.4 tons)
  6. Spain (0.1 tons)

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

For the third year in a row, Ireland recorded decline in shipments abroad of copper; washers, (including spring washers), not threadeds, which decreased by -19% to 34 kg in 2022. In general, exports continue to indicate a dramatic curtailment.

In value terms, exports of copper; washers, (including spring washers), not threadeds fell markedly to $847 in 2022. Overall, exports showed a dramatic downturn.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1209.20.10.8-81.2%
Germany0.30.6N/AN/A100.0%
SingaporeN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
United StatesN/AN/AN/AN/A0%
Others0.21.21.7N/A191.5%
Total12011.01.80.8-81.2%

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

  1. United Kingdom (28.0 kg)
  2. United States (1.0 kg)
  3. Netherlands (1.0 kg)
  4. Singapore (1.0 kg)
  5. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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