Price for Copper Oxides and Hydroxides in Indonesia - 2022

Contents:

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

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

In March 2022, the average copper oxides and hydroxides import price amounted to $5,530 per ton, with an increase of 188% against the previous month. Over the period under review, the import price posted mild growth. Over the period under review, average import prices attained the maximum at $7,458 per ton in June 2021; however, from July 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($12,019 per ton), while the price for Taiwan (Chinese) ($2,361 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average copper oxides and hydroxides export price amounted to $8,200 per ton, with a decrease of -8.1% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2017 an increase of 87%. Over the period under review, the average export prices attained the peak figure at $8,925 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($20,915 per ton), while the average price for exports to Japan ($3,700 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 Belgium (+447.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Oxides and Hydroxides in Indonesia

In 2022, approx. 2.7K tons of copper oxides and hydroxideses were imported into Indonesia; waning by -16.4% on the previous year's figure. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 92%. As a result, imports attained the peak of 3.2K tons, and then declined rapidly in the following year.

In value terms, copper oxides and hydroxides imports reduced sharply to $12M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +35.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports reached the peak of $17M, and then contracted notably in the following year.

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

1. Taiwan (Chinese) (1524.4 tons)
2. United States (553.6 tons)
3. Norway (269.2 tons)
4. China (107.2 tons)
5. Japan (92.4 tons)
6. Singapore (70.9 tons)
7. India (37.1 tons)

Exports of Copper Oxides and Hydroxides in Indonesia

In 2022, shipments abroad of copper oxides and hydroxideses decreased by -12.8% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 32%. As a result, the exports attained the peak of 40 tons, and then reduced in the following year.

In value terms, copper oxides and hydroxides exports dropped rapidly to $286K in 2022. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports attained the peak of $357K, and then reduced remarkably in the following year.

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

1. Japan (25.9 tons)
2. Germany (7.6 tons)
3. China (0.8 tons)

Source: IndexBox Market Intelligence Platform