Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $5,491 per ton in 2022, growing by 6.1% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 an increase of 22% against the previous year. The import price peaked at $10,832 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 France ($24,898 per ton), while the price for Germany ($3,261 per ton) was amongst the lowest.

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

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium (FOB) - 2022

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $11,684 per ton, falling by -9.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 23% against the previous year. The export price peaked at $13,960 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($67,825 per ton), while the average price for exports to France ($7,575 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Belgium shrank remarkably to 533 tons, falling by -21.2% against 2021 figures. Overall, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of 676 tons, and then reduced markedly in the following year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked shrank dramatically to $2.9M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +24.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of $3.5M, and then reduced markedly in the following year.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Belgium in 2022:

1. Germany (414.5 tons)
2. Netherlands (34.0 tons)
3. United States (30.1 tons)
4. France (22.7 tons)
5. United Kingdom (15.7 tons)
6. Italy (12.0 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Belgium

In 2022, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked increased by 5.1% to 221 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt decline.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked contracted modestly to $2.6M in 2022. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Belgium in 2022:

1. France (51.8 tons)
2. United Kingdom (49.3 tons)
3. Portugal (44.6 tons)
4. Croatia (25.7 tons)
5. Hungary (17.9 tons)
6. Bulgaria (7.4 tons)
7. Switzerland (6.2 tons)
8. United States (5.6 tons)

Source: IndexBox Market Intelligence Platform