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

Contents:

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

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

In December 2021, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $11,017 per ton, with an increase of 7.7% against the previous month. Overall, the import price continues to indicate temperate growth. The growth pace was the most rapid in August 2021 when the average import price increased by 844% m-o-m. As a result, import price reached the peak level of $86,057 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From January 2021 to December 2021, the rate of growth in terms of prices for Italy amounted to +3.4% per month.

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

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $33,563 per ton, waning by -32.1% against the previous year. Over the period under review, the export price, however, posted moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. The export price peaked at $49,419 per ton in 2021, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($94,483 per ton), while the average price for exports to Bulgaria ($21,943 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 the UK (+22.1%), 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 Greece

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked imported into Greece soared to 79 tons, rising by 15% compared with 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 235% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked declined rapidly to $800K in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 180%. As a result, imports attained the peak of $1.2M, and then reduced rapidly in the following year.

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

1. Italy (74.1 tons)
2. China (3.7 tons)
3. France (0.9 tons)
4. Turkey (0.6 tons)

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

In 2022, overseas shipments of copper; cast, moulded, stamped or forged, but not further worked increased by 87% to 2.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp decline.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $76K in 2022. Overall, exports, however, faced a dramatic shrinkage.

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

1. Bulgaria (1559.0 kg)
2. Cyprus (330.0 kg)
3. Germany (168.0 kg)
4. United States (151.0 kg)
5. United Kingdom (44.0 kg)

Source: IndexBox Market Intelligence Platform