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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $12,916 per ton in December 2021, growing by 18% against the previous month. Overall, import price indicated a notable increase from January 2021 to December 2021: its price increased at an average monthly rate of +3.2% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for copper; cast, moulded, stamped or forged, but not further worked decreased by -28.4% against October 2021 indices. The most prominent rate of growth was recorded in July 2021 an increase of 46% against the previous month. Over the period under review, average import prices attained the maximum at $18,049 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($106K per ton), while the price for Poland ($6,091 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 Portugal (+33.0%), 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 Spain (FOB) - 2022

In December 2021, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $14,920 per ton, with a decrease of -2% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 when the average export price increased by 46% month-to-month. Over the period under review, the average export prices reached the peak figure at $15,231 per ton in November 2021, and then contracted slightly in the following month.

There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was the UK ($47,003 per ton), while the average price for exports to the Czech Republic ($10,145 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.0%), 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 Spain

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Spain contracted slightly to 530 tons, declining by -3.9% on the previous year. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced to $5.7M in 2022. Overall, imports showed a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports attained the peak of $6.3M, and then contracted in the following year.

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

1. Finland (263.7 tons)
2. Germany (144.0 tons)
3. China (33.8 tons)
4. Portugal (24.5 tons)
5. France (20.4 tons)
6. Turkey (10.9 tons)
7. Italy (9.4 tons)

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

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked exported from Spain declined slightly to 407 tons, which is down by -4.2% on 2021 figures. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 6.3%.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked contracted markedly to $4.7M in 2022. Overall, exports continue to indicate a mild decline. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of $5.6M, and then shrank dramatically in the following year.

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

1. France (152.2 tons)
2. Germany (75.2 tons)
3. Turkey (46.6 tons)
4. Hungary (34.9 tons)
5. Portugal (29.2 tons)
6. United Kingdom (22.9 tons)
7. Brazil (12.3 tons)

Source: IndexBox Market Intelligence Platform