Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland - 2024
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (FOB) - 2024
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (CIF) - 2024
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (FOB) - 2024
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $99,124 per ton in December 2023, increasing by 13% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 33% month-to-month. The export price peaked at $144K per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was France ($233K per ton), while the average price for exports to Austria ($29,592 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (CIF) - 2024
The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $51,341 per ton in December 2023, increasing by 59% against the previous month. Over the period under review, the import price, however, recorded a abrupt decrease. The import price peaked at $96,369 per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($91,345 per ton), while the price for China ($23,184 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland
For the fourth consecutive year, Switzerland recorded growth in shipments abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which increased by 9.4% to 342 tons in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded rose to $33M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.6 | 10.4 | 13.8 | 12.5 | 5.6% |
| United States | 3.5 | 3.7 | 4.6 | 4.3 | 7.1% |
| Czech Republic | 1.1 | 1.2 | 1.8 | 1.5 | 10.9% |
| Mexico | 1.1 | 1.2 | 1.5 | 1.4 | 8.4% |
| Hungary | 1.5 | 1.2 | 1.1 | 1.3 | -4.7% |
| China | 0.5 | 0.6 | 1.0 | 1.3 | 37.5% |
| Austria | 0.3 | 0.3 | 0.5 | 1.1 | 54.2% |
| Poland | 0.5 | 0.4 | 0.9 | 0.9 | 21.6% |
| Philippines | 0.7 | 1.0 | 1.4 | 0.8 | 4.6% |
| Bulgaria | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Portugal | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 4.1 | 4.4 | 5.3 | 7.9 | 24.4% |
| Total | 24.5 | 25.0 | 32.4 | 33.5 | 11.0% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Switzerland in 2022:
- Germany (99.7 tons)
- United States (54.8 tons)
- Mexico (30.6 tons)
- China (29.0 tons)
- Philippines (23.7 tons)
- Hungary (21.8 tons)
- Austria (18.5 tons)
- Bulgaria (9.7 tons)
- Czech Republic (9.1 tons)
- Portugal (6.4 tons)
- Poland (5.0 tons)
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland
In 2022, overseas purchases of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -1.2% to 80 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of 81 tons, and then declined slightly in the following year.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded skyrocketed to $5.7M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,800 | 3,438 | 2,934 | 2,705 | -10.7% |
| Italy | 134 | 113 | 272 | 758 | 78.2% |
| Romania | 465 | 394 | 283 | 691 | 14.1% |
| France | 34.0 | 21.3 | 86.3 | 548 | 152.6% |
| Bulgaria | 280 | 183 | 322 | 302 | 2.6% |
| China | 140 | 33.3 | 121 | 167 | 6.1% |
| United Kingdom | 63.5 | 32.9 | 28.2 | 48.1 | -8.8% |
| Others | 319 | 441 | 412 | 477 | 14.4% |
| Total | 5,236 | 4,658 | 4,457 | 5,696 | 2.8% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Switzerland in 2022:
- Germany (29.3 tons)
- Italy (17.3 tons)
- Bulgaria (9.1 tons)
- Romania (8.5 tons)
- China (6.7 tons)
- France (3.5 tons)
- United Kingdom (1.6 tons)
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