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

Contents:

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

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

The average import price for copper; washers, (including spring washers), not threadeds stood at $41,842 per ton in 2022, which is down by -28.6% against the previous year. Overall, the import price, however, recorded slight growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 63% against the previous year. The import price peaked at $58,642 per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($133,416 per ton), while the price for Armenia ($4,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; washers, (including spring washers), not threadeds stood at $31,536 per ton in 2022, growing by 59% against the previous year. In general, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Armenia ($60,640 per ton), while the average price for exports to India ($16,929 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 Armenia (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 48 tons of copper; washers, (including spring washers), not threadeds were imported into Russia; rising by 23% against 2021. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 dropped to $2M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of $2.3M, and then declined in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China123146261986100.1%
Germany641717886379-16.1%
Netherlands470394449103-39.7%
Kazakhstan1.50.91.499.3304.5%
Turkey13.413.78.674.777.3%
Poland8.210.214.766.2100.6%
ArmeniaN/A1.23.858.6598.8%
South Korea87.477.510238.9-23.6%
Belarus126135176N/A18.2%
Others1402123701849.5%
Total1,6101,7072,2731,9907.3%

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

  1. China (22.5 tons)
  2. Armenia (12.9 tons)
  3. Germany (2.8 tons)
  4. Turkey (2.5 tons)
  5. Poland (1.2 tons)
  6. Kazakhstan (1.2 tons)
  7. Netherlands (1.0 tons)
  8. South Korea (0.4 tons)

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

In 2022, overseas shipments of copper; washers, (including spring washers), not threadeds decreased by -59.4% to 23 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a strong increase. The growth pace was the most rapid in 2021 when exports increased by 189%. As a result, the exports attained the peak of 56 tons, and then shrank notably in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds fell rapidly to $720K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 243%. As a result, the exports reached the peak of $1.1M, and then reduced markedly in the following year.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan87.080.778556886.9%
Mongolia0.21.05.522.6383.5%
Armenia1.00.30.621.2176.8%
IndiaN/AN/A0.89.81125.0%
Belarus172182241N/A18.4%
Others60.961.082.498.917.5%
Total3213251,11572030.9%

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

  1. Kazakhstan (20.6 tons)
  2. India (0.6 tons)
  3. Mongolia (0.6 tons)
  4. Armenia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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