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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $7,784 per ton in 2022, declining by -11.2% against the previous year. In general, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 37%. As a result, import price reached the peak level of $17,355 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Belgium ($9,910 per ton), while the price for Germany ($2,672 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $49,518 per ton in 2022, growing by 1.6% against the previous year. Over the period under review, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36% against the previous year. The export price peaked at $50,263 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($54,023 per ton), while the average price for exports to Angola ($4,835 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 Czech Republic (+35.3%), 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 Portugal

In 2022, approx. 559 tons of copper; cast, moulded, stamped or forged, but not further worked were imported into Portugal; jumping by 32% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 decreased by -19.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 88%. As a result, imports attained the peak of 694 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $4.3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 decreased by -12.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Spain (236.9 tons)
2. Italy (128.1 tons)
3. Poland (84.0 tons)
4. Belgium (56.4 tons)
5. Germany (40.5 tons)

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

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked exported from Portugal shrank slightly to 20 tons, reducing by -1.6% compared with 2021. In general, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 3.3%.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked shrank slightly to $975K in 2022. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 0.2% against the previous year.

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

1. France (12.7 tons)
2. Poland (2.4 tons)
3. United Kingdom (1.5 tons)
4. Spain (1.4 tons)
5. Angola (1.2 tons)
6. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform