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

Contents:

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

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

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $17,791 per ton, reducing by -8.9% against the previous year. Over the period under review, the import price, however, saw prominent growth. The pace of growth was the most pronounced in 2018 an increase of 91%. The import price peaked at $19,529 per ton in 2021, and then shrank in the following year.

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 the United States ($20,511 per ton), while the price for Finland ($7,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), 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 Canada (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $14,504 per ton in November 2021, waning by -41.7% against the previous month. In general, the export price recorded a mild downturn. The pace of growth appeared the most rapid in July 2021 an increase of 62% m-o-m. As a result, the export price attained the peak level of $29,457 per ton. From August 2021 to November 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2021 to November 2021, the rate of growth in terms of prices for the UK amounted to +0.1% per month.

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

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Canada dropped slightly to 519 tons, with a decrease of -3.8% on the previous year's figure. In general, imports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 5.6% against the previous year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked declined to $9.2M in 2022. Overall, imports showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year.

Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.36.77.76.7-10.4%
China0.20.31.21.071.0%
Italy0.50.50.80.711.9%
FinlandN/AN/A0.30.30.0%
IndiaN/A0.10.10.10.0%
Others0.60.30.50.5-5.9%
Total10.67.910.59.2-4.6%

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

  1. United States (325.0 tons)
  2. China (78.4 tons)
  3. Italy (43.9 tons)
  4. Finland (36.5 tons)
  5. India (13.1 tons)

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

In 2022, overseas shipments of copper; cast, moulded, stamped or forged, but not further worked were finally on the rise to reach 234 tons after two years of decline. In general, exports, however, saw a deep downturn.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked fell to $3.8M in 2022. Overall, exports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 3.5%.

Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,6493,0093,7863,489-1.5%
Switzerland3132530.8172-18.1%
United Kingdom6.320534.474.4127.7%
Mexico64.973.217.647.1-10.1%
Italy62.913.72.824.0-27.5%
Sweden91.9160N/AN/A74.1%
Others95.332.036.45.7-60.9%
Total4,2833,7463,8773,812-3.8%

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

  1. United States (182.2 tons)
  2. Switzerland (27.7 tons)
  3. United Kingdom (11.9 tons)
  4. Mexico (7.4 tons)
  5. Italy (3.8 tons)

Source: IndexBox Market Intelligence Platform

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