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

Contents:

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

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

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $7,153 per ton, shrinking by -25.7% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 61% against the previous year. The import price peaked at $10,216 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Finland ($9,232 per ton), while the price for Germany ($4,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $14,264 per ton in 2022, reducing by -7% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $19,322 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,821 per ton), while the average price for exports to Qatar ($8,841 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 Italy (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Turkey soared to 2.7K tons, picking up by 54% on 2021 figures. Overall, imports, however, saw a abrupt curtailment.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reached $19M in 2022. In general, imports, however, saw a abrupt curtailment.

Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan15.214.65.39.4-14.8%
Finland5.44.89.98.114.5%
Germany0.90.50.50.5-17.8%
Japan0.60.4N/A0.3-20.6%
Others0.31.20.90.838.7%
Total22.421.416.619.0-5.3%

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

  1. Uzbekistan (1605.1 tons)
  2. Finland (875.5 tons)
  3. Germany (102.4 tons)
  4. Japan (40.8 tons)

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

Exports of copper; cast, moulded, stamped or forged, but not further worked from Turkey dropped modestly to 1.1K tons in 2022, falling by -3.3% on the previous year. In general, exports faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked dropped to $16M in 2022. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.

Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.72.64.84.0-11.1%
Germany4.33.84.43.6-5.8%
France3.32.31.92.0-15.4%
Italy1.20.81.61.32.7%
Qatar3.30.40.11.0-32.8%
Netherlands1.00.91.00.8-7.2%
United Kingdom0.70.80.90.84.6%
Others2.52.52.92.3-2.7%
Total22.114.117.715.9-10.4%

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

  1. Germany (277.6 tons)
  2. United States (237.4 tons)
  3. France (149.3 tons)
  4. Qatar (116.6 tons)
  5. Italy (93.3 tons)
  6. Netherlands (56.7 tons)
  7. United Kingdom (47.5 tons)

Source: IndexBox Market Intelligence Platform

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