Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal - 2024

Contents:

  1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (FOB) - 2024
  2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (CIF) - 2024
  3. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal
  4. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (FOB) - 2024

In March 2024, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,923 per ton, remaining constant against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 37% m-o-m. Over the period under review, the average export prices reached the peak figure at $11,603 per ton in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In March 2024, the countries with the highest prices were the UK ($12,014 per ton) and Slovakia ($11,700 per ton), while the average price for exports to Spain ($10,006 per ton) and Belgium ($10,147 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (CIF) - 2024

In March 2024, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $9,519 per ton, growing by 5.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 22% month-to-month. Over the period under review, average import prices attained the maximum at $9,684 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($32,544 per ton), while the price for Italy ($8,161 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal

In 2022, approx. 2.1K tons of copper; copper-tin base alloys (bronze) unwroughts were exported from Portugal; with an increase of 2,280% against the previous year. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $25M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.3N/AN/A11.6238.2%
NetherlandsN/AN/AN/A4.80%
ItalyN/AN/AN/A4.00%
SpainN/AN/AN/A2.80%
United KingdomN/AN/A0.30.6100.0%
United Arab EmiratesN/AN/A0.10.4300.0%
TurkeyN/A0.20.3N/A50.0%
Others0.60.20.10.5-5.9%
Total0.90.40.924.7201.6%

Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Portugal in 2022:

  1. Germany (920.0 tons)
  2. Netherlands (414.3 tons)
  3. Italy (349.3 tons)
  4. Spain (278.1 tons)
  5. United Kingdom (44.7 tons)
  6. United Arab Emirates (30.9 tons)

Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal

In 2022, supplies from abroad of copper; copper-tin base alloys (bronze) unwroughts decreased by -6.6% to 723 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 -9.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 57%. As a result, imports reached the peak of 800 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts shrank significantly to $5.9M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49%.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.64.76.44.642.2%
France0.10.50.21.1122.4%
Germany0.10.30.30.10.0%
Others1.8N/A0.1N/A-76.4%
Total3.75.57.05.916.8%

Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Portugal in 2022:

  1. Spain (527.9 tons)
  2. France (183.0 tons)
  3. Germany (11.4 tons)

Source: IndexBox Market Intelligence Platform

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