Copper; Master Alloys Price in Belgium - 2023

Contents:

1. Copper; Master Alloys Price in Belgium (FOB) - 2023
2. Copper; Master Alloys Price in Belgium (CIF) - 2022
3. Copper; Master Alloys Exports in Belgium
4. Copper; Master Alloys Imports in Belgium

Copper; Master Alloys Price in Belgium (FOB) - 2023

In July 2023, the average copper; master alloys export price amounted to $10,125 per ton, waning by -4.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 14% month-to-month. As a result, the export price reached the peak level of $11,953 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In July 2023, the countries with the highest prices were France ($12,689 per ton) and South Korea ($11,283 per ton), while the average price for exports to Bulgaria ($8,648 per ton) and Austria ($8,993 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Price in Belgium (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $10,168 per ton, declining by -42.9% against the previous year. In general, the import price, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 211% against the previous year. As a result, import price attained the peak level of $17,816 per ton, and then declined rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($14,374 per ton), while the price for Germany ($9,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Exports in Belgium

Copper; master alloys exports from Belgium declined notably to 11K tons in 2022, waning by -19.5% compared with 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 14K tons, and then reduced dramatically in the following year.

In value terms, copper; master alloys exports declined to $119M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +48.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of $139M, and then shrank in the following year.

Top Export Markets for Copper; Master Alloys from Belgium in 2022:

1. Germany (6.9K tons)
2. Spain (1.0K tons)
3. Austria (0.6K tons)
4. France (0.5K tons)
5. Italy (0.4K tons)
6. Greece (0.3K tons)
7. South Korea (0.3K tons)
8. Finland (0.2K tons)
9. United States (0.2K tons)
10. Bulgaria (0.2K tons)

Copper; Master Alloys Imports in Belgium

After two years of decline, overseas purchases of copper; master alloyses increased by 645% to 28 tons in 2022. Over the period under review, imports, however, saw a dramatic curtailment.

In value terms, copper; master alloys imports surged to $280K in 2022. In general, imports, however, saw a precipitous descent.

Top Suppliers of Copper; Master Alloys to Belgium in 2022:

1. Germany (25.7 tons)
2. Kazakhstan (1.5 tons)
3. Switzerland (0.3 tons)

Source: IndexBox Market Intelligence Platform