Price for Copper; Bars, Rods and Profiles, of Refined Copper in Denmark - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (FOB) - 2024
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $10,661 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $10,728 per ton, leveling off in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($12,517 per ton) and Sweden ($12,169 per ton), while the price for Turkey ($9,606 per ton) and France ($9,997 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (FOB) - 2024
In February 2024, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $10,142 per ton, rising by 19% against the previous month. Over the period under review, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices hit record highs at $12,172 per ton in July 2023; however, from August 2023 to February 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($10,385 per ton), while the average price for exports to Iceland amounted to $5,450 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas purchases of copper; bars, rods and profiles, of refined coppers, which increased by 26% to 3.6K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.6% 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 +84.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of refined coppers soared to $38M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 89%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 0.2 | 0.1 | 2.5 | 10.7 | 276.8% |
| France | 2.2 | 3.0 | 8.0 | 9.3 | 61.7% |
| Finland | 2.4 | 3.4 | 6.5 | 6.7 | 40.8% |
| Germany | 6.7 | 7.7 | 11.1 | 5.8 | -4.7% |
| Poland | 0.5 | 0.9 | 1.9 | 2.7 | 75.4% |
| Turkey | N/A | N/A | N/A | 2.3 | 0% |
| Sweden | 1.6 | 0.5 | 0.1 | 0.3 | -42.8% |
| Others | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
| Total | 14.3 | 16.3 | 30.8 | 38.5 | 39.1% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Denmark in 2022:
- Bulgaria (1062.7 tons)
- France (932.3 tons)
- Finland (589.2 tons)
- Germany (480.4 tons)
- Turkey (235.2 tons)
- Poland (215.1 tons)
- Sweden (25.9 tons)
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark
Exports of copper; bars, rods and profiles, of refined coppers from Denmark expanded remarkably to 1.7K tons in 2022, increasing by 8.3% compared with the year before. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of copper; bars, rods and profiles, of refined coppers rose remarkably to $19M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.6% 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 +79.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Copper; Bars, Rods and Profiles, of Refined Copper in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.9 | 4.0 | 5.7 | 8.5 | 111.4% |
| Sweden | 1.9 | 2.3 | 3.4 | 4.2 | 30.3% |
| Poland | 1.4 | 1.7 | 2.8 | 2.0 | 12.6% |
| Germany | 3.9 | 2.3 | 2.2 | 1.5 | -27.3% |
| Finland | 0.3 | 0.4 | 0.6 | 0.7 | 32.6% |
| Iceland | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Lithuania | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| China | 0.9 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 1.2 | 2.2 | 1.9 | 13.5% |
| Total | 10.8 | 12.1 | 17.3 | 19.4 | 21.6% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Denmark in 2022:
- Norway (788.2 tons)
- Sweden (399.0 tons)
- Poland (112.4 tons)
- Germany (99.9 tons)
- Finland (64.8 tons)
- Iceland (31.0 tons)
- Lithuania (27.5 tons)
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