Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Uruguay - 2023

Contents:

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

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

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $19,192 per ton, increasing by 89% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 177%. As a result, import price attained the peak level of $27,057 per ton. From 2014 to 2022, the average import prices remained 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 Germany ($91,033 per ton), while the price for China ($13,315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, when their volume decreased by -24.9% to 1.8 tons. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 2.4 tons, and then fell notably in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded surged to $34K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2020 indices. 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1.11.01.411.4118.0%
China8.48.212.76.5-8.2%
SpainN/A1.21.33.980.3%
Brazil5.44.95.03.5-13.5%
Germany7.30.60.52.7-28.2%
Others5.22.53.26.26.0%
Total27.318.424.134.27.8%

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

  1. Argentina (815.0 kg)
  2. China (489.0 kg)
  3. Brazil (237.0 kg)
  4. Spain (125.0 kg)
  5. Germany (30.0 kg)

Source: IndexBox Market Intelligence Platform

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