Price for Copper; Bars, Rods and Profiles, of Refined Copper in Israel - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Israel (CIF) - 2024
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Israel
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Israel (CIF) - 2024
The average import price for copper; bars, rods and profiles, of refined coppers stood at $10,834 per ton in February 2024, stabilizing at the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by less than 0.1% m-o-m. The import price peaked at $11,446 per ton in March 2023; however, from April 2023 to February 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the countries with the highest prices were Bulgaria ($10,834 per ton) and Germany ($10,834 per ton), while the price for France ($10,834 per ton) and Finland ($10,834 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Finland (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of copper; bars, rods and profiles, of refined coppers, which increased by 7.3% to 1K tons in 2022. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 8%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of copper; bars, rods and profiles, of refined coppers expanded rapidly to $11M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2.8 | 3.1 | 4.9 | 4.4 | 16.3% |
Bulgaria | 1.9 | 2.4 | 3.1 | 3.5 | 22.6% |
Germany | 0.5 | 0.3 | 0.5 | 1.7 | 50.4% |
Belgium | N/A | 0.4 | 0.8 | 0.9 | 50.0% |
Turkey | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
China | N/A | N/A | N/A | 0.2 | 0% |
United States | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Others | 0.5 | 0.1 | 0.5 | 0.2 | -26.3% |
Total | 6.3 | 6.6 | 10.0 | 11.4 | 21.9% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Israel in 2022:
- France (396.3 tons)
- Bulgaria (315.6 tons)
- Germany (147.8 tons)
- Belgium (77.5 tons)
- Turkey (42.3 tons)
- China (16.1 tons)
- United States (8.0 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Israel.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Israel.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
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This report provides an in-depth analysis of the market for copper and copper articles in Israel.
This report provides an in-depth analysis of the market for copper bar, rod and profile in Israel.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Israel.
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