Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela - 2022
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $54,956 per ton, growing by 6.5% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $55,763 per ton in 2018; however, from 2019 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 the United States ($272,833 per ton), while the price for Switzerland ($1,000 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 States (+23.0%), 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 Venezuela (FOB) - 2022
In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $19,788 per ton, declining by -52.3% against the previous year. Over the period under review, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 57%. Over the period under review, the average export prices hit record highs at $83,333 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($31,867 per ton), while the average price for exports to Tunisia ($9,176 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 Ukraine (+57.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela
For the fourth consecutive year, Venezuela recorded growth in supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which increased by 93% to 408 kg in 2022. Over the period under review, imports saw 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; rivets, cotters, cotter-pins and similar articles, not threaded soared to $22K in 2022. In general, imports posted significant growth. As a result, imports reached 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.3 | 3.4 | 4.8 | 9.6 | 61.0% |
| Italy | 1.4 | 2.2 | 3.3 | 7.1 | 71.8% |
| Panama | 0.4 | 0.6 | 0.9 | 1.8 | 65.1% |
| United States | 0.5 | 0.6 | 0.8 | 1.6 | 47.4% |
| Russia | 0.2 | 0.3 | 0.5 | 1.0 | 71.0% |
| Others | 0.5 | 0.5 | 0.7 | 1.3 | 37.5% |
| Total | 5.3 | 7.6 | 10.9 | 22.4 | 61.7% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Venezuela in 2022:
- Mexico (277.0 kg)
- Italy (77.0 kg)
- Panama (18.0 kg)
- Russia (9.0 kg)
- United States (6.0 kg)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela
In 2022, shipments abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -17.5% to 33 kg, falling for the second year in a row after two years of growth. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 decreased by -26.7% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 88%. As a result, the exports reached the peak of 45 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded fell significantly to $653 in 2022. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $2.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 1,863 | 2,489 | 1,323 | 478 | -36.5% |
| Tunisia | N/A | N/A | N/A | 156 | 0% |
| Panama | 137 | 114 | 91.0 | 19.0 | -48.2% |
| Netherlands | N/A | N/A | 106 | N/A | 0% |
| Ukraine | N/A | 75.0 | 138 | N/A | 84.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,000 | 2,678 | 1,658 | 653 | -31.1% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Venezuela in 2022:
- Tunisia (17.0 kg)
- Belarus (15.0 kg)
- Panama (1.0 kg)
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