Price for Copper Plates, Sheets and Strip in Norway - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in Norway (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Norway (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Norway
- Exports of Copper Plates, Sheets and Strip in Norway
Price for Copper Plates, Sheets and Strip in Norway (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $12,703 per ton, picking up by 12% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 import price increased by +53.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 23%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Germany ($16,164 per ton), while the price for Italy ($9,727 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Norway (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $14,466 per ton in 2022, falling by -26.2% against the previous year. In general, the export price, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2015 an increase of 158% against the previous year. As a result, the export price attained the peak level of $25,500 per ton. From 2016 to 2022, the average 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 the United Arab Emirates ($74,667 per ton), while the average price for exports to Iceland ($6,698 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 the United Arab Emirates (+27.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper Plates, Sheets and Strip in Norway
For the third year in a row, Norway recorded decline in supplies from abroad of copper plates, sheets and strips, which decreased by -19.5% to 529 tons in 2022. Overall, imports recorded a abrupt curtailment. The smallest decline of -5.6% was in 2020.
In value terms, copper plates, sheets and strip imports shrank to $6.7M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of $7.4M, and then contracted in the following year.
| Import of Copper Plates, Sheets and Strip in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,534 | 1,536 | 2,434 | 3,037 | 25.6% |
| Finland | 1,751 | 1,504 | 2,942 | 1,727 | -0.5% |
| Germany | 1,506 | 635 | 936 | 533 | -29.3% |
| China | 64.7 | 20.8 | 12.5 | 365 | 78.0% |
| Turkey | 1.3 | 6.6 | 10.2 | 271 | 492.9% |
| United Kingdom | 615 | 2,323 | 250 | 251 | -25.8% |
| Sweden | 226 | 86.0 | 137 | 138 | -15.2% |
| Bulgaria | 133 | 121 | 59.4 | 78.6 | -16.1% |
| Others | 267 | 165 | 632 | 315 | 5.7% |
| Total | 6,097 | 6,397 | 7,413 | 6,715 | 3.3% |
Top Suppliers of Copper Plates, Sheets and Strip to Norway in 2022:
- Denmark (262.4 tons)
- Finland (136.2 tons)
- Germany (33.0 tons)
- China (27.0 tons)
- Turkey (18.9 tons)
- United Kingdom (15.8 tons)
- Sweden (13.3 tons)
- Bulgaria (9.2 tons)
Exports of Copper Plates, Sheets and Strip in Norway
In 2022, overseas shipments of copper plates, sheets and strips increased by 190% to 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper plates, sheets and strip exports soared to $479K in 2022. Overall, exports saw a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper Plates, Sheets and Strip in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 0.5 | N/A | 135 | 1543.2% |
| Germany | 178 | 111 | 69.2 | 129 | -10.2% |
| Sweden | 57.0 | 8.3 | 14.9 | 93.0 | 17.7% |
| Denmark | 79.4 | 3.3 | 10.3 | 47.3 | -15.9% |
| Poland | N/A | 3.4 | 9.4 | 17.8 | 128.8% |
| Iceland | 34.0 | 32.0 | 7.5 | 10.0 | -33.5% |
| Others | 91.9 | 59.5 | 113 | 47.1 | -20.0% |
| Total | 440 | 219 | 224 | 479 | 2.9% |
Top Export Markets for Copper Plates, Sheets and Strip from Norway in 2022:
- France (10.9 tons)
- Sweden (9.8 tons)
- Germany (6.6 tons)
- Denmark (2.6 tons)
- Iceland (1.5 tons)
- Poland (1.0 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Norway.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
