Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iran - 2022

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $18,671 per ton, surging by 25% against the previous year. In general, the import price showed prominent growth. The growth pace was the most rapid in 2018 when the average import price increased by 73%. Over the period under review, average import prices attained the maximum at $20,941 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 South Korea ($68,341 per ton), while the price for France ($4,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.0%), 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 Iran (FOB) - 2022

In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $11,588 per ton, waning by -44.2% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 81%. The export price peaked at $22,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Azerbaijan ($22,822 per ton), while the average price for exports to Iraq totaled $11,204 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+3.1%).

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

After three years of growth, purchases abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -55.6% to 3.1 tons in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded dropped rapidly to $58K in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports attained the peak of $136K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.866.458.518.7-12.4%
South Korea10.13.58.06.2-15.0%
Turkey28.828.96.85.4-42.8%
France2.33.43.22.2-1.5%
United Arab Emirates3.93.12.92.1-18.6%
India5.40.11.41.9-29.4%
Italy1.01.51.41.00.0%
Others16.229.322.220.27.6%
Total95.413610457.8-15.4%

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

  1. Turkey (1075.0 kg)
  2. China (831.0 kg)
  3. France (477.0 kg)
  4. India (289.0 kg)
  5. South Korea (91.0 kg)
  6. Italy (89.0 kg)
  7. United Arab Emirates (79.0 kg)

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

In 2022, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Iran surged to 1.4 tons, picking up by 33% on 2021. Overall, exports, however, faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 33%.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded contracted rapidly to $16K in 2022. In general, exports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 141% against the previous year.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq43.18.67.015.2-29.3%
AzerbaijanN/AN/AN/A1.00%
FranceN/AN/A15.0N/A0%
Others1.20.5N/AN/A-58.3%
Total44.39.121.916.3-28.3%

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

  1. Iraq (1359.0 kg)
  2. Azerbaijan (45.0 kg)

Source: IndexBox Market Intelligence Platform

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