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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $9,051 per ton in December 2021, picking up by 2.9% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in February 2021 an increase of 19% m-o-m. Over the period under review, average import prices attained the peak figure at $10,289 per ton in March 2021; however, from April 2021 to December 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($12,661 per ton), while the price for Poland ($8,327 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), 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 Croatia (FOB) - 2022

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $15,217 per ton, dropping by -16.6% against the previous year. Overall, the export price saw a slight contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. The export price peaked at $23,244 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($16,422 per ton), while the average price for exports to Italy ($13,149 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 Poland (+18.4%), 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 Croatia

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked imported into Croatia fell to 2.4K tons, shrinking by -6.4% against the year before. In general, imports, however, recorded a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, imports reached the peak of 2.5K tons, and then fell in the following year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked shrank to $20M in 2022. Overall, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $23M, and then reduced in the following year.

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

1. Poland (995.1 tons)
2. Slovenia (667.3 tons)
3. United Kingdom (252.0 tons)
4. Belgium (197.1 tons)
5. Italy (146.6 tons)
6. Taiwan (Chinese) (96.6 tons)

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

In 2022, approx. 52 tons of copper; cast, moulded, stamped or forged, but not further worked were exported from Croatia; increasing by 48% against the previous year's figure. Overall, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.4% against 2020 indices.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $795K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of $946K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Slovenia (28.6 tons)
2. Germany (16.0 tons)
3. Italy (7.0 tons)

Source: IndexBox Market Intelligence Platform