Price for Copper Plates, Sheets and Strip in Croatia - 2023

Contents:

  1. Price for Copper Plates, Sheets and Strip in Croatia (CIF) - 2023
  2. Price for Copper Plates, Sheets and Strip in Croatia (FOB) - 2022
  3. Imports of Copper Plates, Sheets and Strip in Croatia
  4. Exports of Copper Plates, Sheets and Strip in Croatia

Price for Copper Plates, Sheets and Strip in Croatia (CIF) - 2023

The average import price for copper plates, sheets and strips stood at $11,480 per ton in July 2023, which is down by -12% against the previous month. Overall, the import price showed a mild reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 19% m-o-m. The import price peaked at $13,449 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($14,769 per ton), while the price for the Netherlands ($8,701 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Croatia (FOB) - 2022

In 2022, the average export price for copper plates, sheets and strips amounted to $14,384 per ton, picking up by 31% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip export price increased by +71.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($42,021 per ton), while the average price for exports to Italy ($6,773 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 Germany (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Plates, Sheets and Strip in Croatia

In 2022, purchases abroad of copper plates, sheets and strips decreased by -5% to 846 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of 891 tons, and then fell modestly in the following year.

In value terms, copper plates, sheets and strip imports contracted to $11M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, imports attained the peak of $12M, and then shrank in the following year.

Import of Copper Plates, Sheets and Strip in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1911,8806,3315,38034.9%
Serbia7056461,1161,20319.5%
Bulgaria9841,3081,3721,1756.1%
Italy5485997051,04624.0%
France3604506004084.3%
Slovenia344486669312-3.2%
Turkey8.311091.8262216.0%
Spain1.63.1352234426.9%
Austria759500867112-47.2%
Others20013814343629.7%
Total6,1016,12112,24810,56720.1%

Top Suppliers of Copper Plates, Sheets and Strip to Croatia in 2022:

  1. Germany (404.4 tons)
  2. Bulgaria (124.0 tons)
  3. Serbia (117.5 tons)
  4. Italy (87.0 tons)
  5. Slovenia (25.5 tons)
  6. Turkey (22.4 tons)
  7. Spain (19.7 tons)
  8. France (11.2 tons)
  9. Austria (6.1 tons)

Exports of Copper Plates, Sheets and Strip in Croatia

Copper plates, sheets and strip exports from Croatia shrank notably to 35 tons in 2022, waning by -21.1% against the previous year's figure. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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 +35.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports reached the peak of 45 tons, and then contracted significantly in the following year.

In value terms, copper plates, sheets and strip exports expanded modestly to $510K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Copper Plates, Sheets and Strip in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia26.451.1239354137.6%
Serbia56.553.550.647.3-5.8%
Bosnia and Herzegovina11751.865.145.2-27.2%
Germany7.50.211.128.756.4%
Italy8.0N/A18.319.233.9%
NorwayN/AN/A28.71.8-93.7%
SpainN/AN/A62.4N/A0%
Others48.762.917.214.3-33.5%
Total26421949351024.5%

Top Export Markets for Copper Plates, Sheets and Strip from Croatia in 2022:

  1. Slovenia (25.1 tons)
  2. Bosnia and Herzegovina (3.2 tons)
  3. Serbia (2.9 tons)
  4. Italy (2.8 tons)
  5. Germany (0.7 tons)
  6. Norway (0.1 tons)

Source: IndexBox Market Intelligence Platform

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