Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam - 2022
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (CIF) - 2022
The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $38,521 per ton in 2022, reducing by -3.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 28% against the previous year. As a result, import price attained the peak level of $45,491 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($38,522 per ton) and the United States ($38,522 per ton), while the price for China ($38,521 per ton) and South Korea ($38,521 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $34,525 per ton in 2022, declining by -32.5% against the previous year. Overall, the export price, however, saw a modest increase. The pace of growth was the most pronounced in 2014 an increase of 58%. The export price peaked at $70,479 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($70,707 per ton), while the average price for exports to Cambodia ($22,645 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 the United States (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam
In 2022, after three years of growth, there was decline in overseas purchases of copper; rivets, cotters, cotter-pins and similar articles, not threaded, when their volume decreased by -2.1% to 527 tons. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 433% against the previous year. As a result, imports reached the peak of 538 tons, and then declined modestly in the following year.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded dropped to $20M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 399%. As a result, imports attained the peak of $22M, and then shrank in the following year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.8 | 2.3 | 12.1 | 10.4 | 135.1% |
| China | 0.5 | 0.8 | 5.0 | 4.3 | 104.9% |
| Japan | 0.3 | 0.9 | 2.1 | 2.8 | 110.5% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.6 | 0.7 | 91.3% |
| Germany | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Czech Republic | N/A | N/A | 0.2 | 0.5 | 150.0% |
| United States | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 0.1 | 0.2 | 1.0 | 0.7 | 91.3% |
| Total | 1.7 | 4.3 | 21.6 | 20.3 | 128.6% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Vietnam in 2022:
- South Korea (268.7 tons)
- China (111.7 tons)
- Japan (71.7 tons)
- Taiwan (Chinese) (17.8 tons)
- Germany (17.3 tons)
- Czech Republic (11.9 tons)
- United States (9.4 tons)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam
In 2022, overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -45.3% to 29 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 188%. As a result, the exports reached the peak of 53 tons, and then plummeted in the following year.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded declined notably to $993K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 209%.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 283 | 653 | 1,028 | 388 | 11.1% |
| Cambodia | N/A | N/A | 211 | 314 | 48.8% |
| Taiwan (Chinese) | 31.4 | 81.9 | 114 | 76.8 | 34.7% |
| Thailand | 7.5 | 24.5 | 88.9 | 42.8 | 78.7% |
| Canada | N/A | N/A | 69.4 | 38.7 | -44.2% |
| South Korea | 59.2 | 418 | 472 | 33.8 | -17.0% |
| United States | 1.3 | 2.4 | 191 | 21.6 | 155.2% |
| Slovakia | 5.8 | 44.9 | 124 | 14.8 | 36.7% |
| Hong Kong SAR | N/A | 2.2 | 132 | N/A | 5900.0% |
| India | N/A | N/A | 118 | N/A | 0% |
| Others | 27.5 | 58.2 | 136 | 62.0 | 31.1% |
| Total | 416 | 1,285 | 2,684 | 993 | 33.6% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Vietnam in 2022:
- Cambodia (13.9 tons)
- Japan (8.8 tons)
- Taiwan (Chinese) (1.7 tons)
- Thailand (1.0 tons)
- South Korea (0.6 tons)
- Canada (0.5 tons)
- United States (0.5 tons)
- Slovakia (0.3 tons)
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