Price for Copper Oxides and Hydroxides in Belgium - 2023

Contents:

  1. Price for Copper Oxides and Hydroxides in Belgium (FOB) - 2022
  2. Price for Copper Oxides and Hydroxides in Belgium (CIF) - 2022
  3. Exports of Copper Oxides and Hydroxides in Belgium
  4. Imports of Copper Oxides and Hydroxides in Belgium

Price for Copper Oxides and Hydroxides in Belgium (FOB) - 2022

The average copper oxides and hydroxides export price stood at $4,316 per ton in 2022, jumping by 17% against the previous year. In general, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum at $6,462 per ton in 2013; however, from 2014 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 Turkey ($9,161 per ton), while the average price for exports to Germany ($2,578 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 Romania (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper Oxides and Hydroxides in Belgium (CIF) - 2022

In 2022, the average copper oxides and hydroxides import price amounted to $9,011 per ton, stabilizing at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 83% against the previous year. As a result, import price attained the peak level of $9,764 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($10,082 per ton) and the Netherlands ($9,366 per ton), while the price for Australia ($8,721 per ton) and the United States ($8,928 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper Oxides and Hydroxides in Belgium

After three years of growth, shipments abroad of copper oxides and hydroxideses decreased by -27% to 1.6K tons in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 76%. As a result, the exports attained the peak of 2.1K tons, and then plummeted in the following year.

In value terms, copper oxides and hydroxides exports declined to $6.8M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 63%.

Export of Copper Oxides and Hydroxides in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6362,7383,9073,04223.0%
Spain0.645.45399361059.8%
Turkey14.820.5525742268.7%
France6578771,107598-3.1%
United Kingdom466310208169-28.7%
Poland10175.234414111.8%
Others2481,0141,2991,14066.3%
Total3,1255,0807,9306,76929.4%

Top Export Markets for Copper Oxides and Hydroxides from Belgium in 2022:

  1. Germany (1179.8 tons)
  2. Spain (108.0 tons)
  3. Turkey (81.0 tons)
  4. France (68.1 tons)
  5. United Kingdom (20.1 tons)
  6. Poland (14.7 tons)

Imports of Copper Oxides and Hydroxides in Belgium

In 2022, overseas purchases of copper oxides and hydroxideses decreased by -25.5% to 631 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 109%.

In value terms, copper oxides and hydroxides imports shrank markedly to $5.7M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 120%.

Import of Copper Oxides and Hydroxides in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1,3692,3603,9624,18745.2%
Germany22863038365442.1%
South KoreaN/A605979293-30.4%
United States4.75251,117233267.4%
France99.415025714012.1%
Netherlands2.19.78.8127292.5%
Italy25134942.845.9-43.2%
Spain138N/A801N/A140.9%
Others64.611730.95.3-56.5%
Total2,1574,7457,5815,68638.1%

Top Suppliers of Copper Oxides and Hydroxides to Belgium in 2022:

  1. Australia (480.1 tons)
  2. Germany (64.9 tons)
  3. South Korea (32.0 tons)
  4. United States (26.1 tons)
  5. Netherlands (13.6 tons)
  6. France (8.7 tons)
  7. Italy (5.4 tons)

Source: IndexBox Market Intelligence Platform

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