Price for Copper; Bars, Rods and Profiles, of Refined Copper in Finland - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Finland (FOB) - 2024
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Finland (CIF) - 2024
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Finland
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Finland
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Finland (FOB) - 2024
In February 2024, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $14,360 per ton, with an increase of 19% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. 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 export markets. In February 2024, the country with the highest price was Israel ($18,549 per ton), while the average price for exports to Norway ($11,618 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Finland (CIF) - 2024
In February 2024, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $31,026 per ton, rising by 151% against the previous month. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From February 2023 to February 2024, the rate of growth in terms of prices for France amounted to +51.1% per month.
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Finland
In 2022, exports of copper; bars, rods and profiles, of refined coppers from Finland reached 5.6K tons, flattening at 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 1.6%.
In value terms, exports of copper; bars, rods and profiles, of refined coppers amounted to $67M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Copper; Bars, Rods and Profiles, of Refined Copper in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.6 | 9.4 | 11.6 | 16.2 | 6.0% |
Sweden | 7.7 | 9.3 | 14.5 | 12.1 | 16.3% |
Germany | 3.5 | 3.6 | 5.2 | 7.5 | 28.9% |
Italy | 0.2 | 0.9 | 1.7 | 6.8 | 224.0% |
Denmark | 2.5 | 4.2 | 6.5 | 5.9 | 33.1% |
Norway | 1.8 | 2.9 | 3.7 | 3.6 | 26.0% |
United Kingdom | 3.4 | 3.3 | 3.7 | 3.3 | -1.0% |
Estonia | 3.9 | 2.8 | 3.6 | 2.8 | -10.5% |
Others | 7.6 | 7.6 | 10.5 | 8.7 | 4.6% |
Total | 44.3 | 44.1 | 61.2 | 66.8 | 14.7% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Finland in 2022:
- United States (1187.4 tons)
- Sweden (1141.5 tons)
- Germany (671.1 tons)
- Italy (598.8 tons)
- Denmark (546.4 tons)
- Norway (349.6 tons)
- United Kingdom (277.7 tons)
- Estonia (257.6 tons)
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Finland
In 2022, overseas purchases of copper; bars, rods and profiles, of refined coppers increased by 182% to 970 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of refined coppers surged to $11M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 90.6 | 38.3 | 604 | 2,910 | 217.9% |
Germany | 2,919 | 2,564 | 1,618 | 2,853 | -0.8% |
Turkey | 58.3 | 32.0 | 21.7 | 1,722 | 209.1% |
Estonia | 155 | 97.3 | 324 | 1,509 | 113.5% |
Denmark | 1.7 | 284 | 421 | 616 | 612.9% |
France | 1,582 | 161 | 305 | 613 | -27.1% |
Poland | 533 | 294 | 476 | 405 | -8.7% |
Others | 138 | 141 | 173 | 247 | 21.4% |
Total | 5,477 | 3,611 | 3,942 | 10,876 | 25.7% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Finland in 2022:
- Belgium (274.0 tons)
- Germany (229.3 tons)
- Turkey (185.6 tons)
- Estonia (110.2 tons)
- Denmark (59.3 tons)
- France (53.7 tons)
- Poland (40.6 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Finland.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Finland.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
This report provides an in-depth analysis of the market for copper and copper articles in Finland.
This report provides an in-depth analysis of the market for copper bar, rod and profile in Finland.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Finland.
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