Price for Copper; Powders and Flakes in Australia - 2023

Contents:

  1. Price for Copper; Powders and Flakes in Australia (CIF) - 2022
  2. Price for Copper; Powders and Flakes in Australia (FOB) - 2023
  3. Imports of Copper; Powders and Flakes in Australia
  4. Exports of Copper; Powders and Flakes in Australia

Price for Copper; Powders and Flakes in Australia (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $12,712 per ton, increasing by 54% against the previous year. Overall, import price indicated modest growth 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; powders and flakes import price increased by +134.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,343 per ton), while the price for Malaysia ($8,656 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Australia (FOB) - 2023

In August 2023, the average copper; powders and flakes export price amounted to $3,343 per ton, rising by 10% against the previous month. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in December 2022 an increase of 86% against the previous month. The export price peaked in August 2023.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Malaysia ($3,483 per ton), while the average price for exports to Thailand stood at $2,257 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Australia

In 2022, after three years of growth, there was significant decline in overseas purchases of copper; powders and flakeses, when their volume decreased by -70% to 161 tons. In general, imports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 537 tons, and then shrank dramatically in the following year.

In value terms, copper; powders and flakes imports fell notably to $2M in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports reached the peak of $4.4M, and then declined sharply in the following year.

Import of Copper; Powders and Flakes in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2,0261,8553,324472-38.5%
Italy19210637342930.7%
China18620931532119.9%
JapanN/AN/AN/A2320%
Spain76.883.412814724.2%
Germany97.513212976.8-7.6%
United States15.714.923.874.367.9%
Others12456.013029533.5%
Total2,7182,4564,4232,048-9.0%

Top Suppliers of Copper; Powders and Flakes to Australia in 2022:

  1. Malaysia (54.5 tons)
  2. Italy (33.0 tons)
  3. China (22.0 tons)
  4. Japan (20.0 tons)
  5. Spain (14.0 tons)
  6. United States (5.1 tons)
  7. Germany (4.2 tons)

Exports of Copper; Powders and Flakes in Australia

In 2022, shipments abroad of copper; powders and flakeses was finally on the rise to reach 2.4K tons after two years of decline. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; powders and flakes exports surged to $13M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Powders and Flakes in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.56.2N/A7,0141160.8%
Taiwan (Chinese)2,4061,2114.72,5221.6%
ThailandN/AN/AN/A1,5970%
Brazil1.8N/AN/A692627.1%
Turkey15821475761657.4%
United Kingdom29913730948517.5%
ChinaN/AN/AN/A3630%
IndiaN/AN/AN/A34.70%
Others4.01037.028.993.3%
Total2,8721,6721,07813,35266.9%

Top Export Markets for Copper; Powders and Flakes from Australia in 2022:

  1. Taiwan (Chinese) (886.5 tons)
  2. Malaysia (707.6 tons)
  3. Thailand (554.0 tons)
  4. Turkey (61.4 tons)
  5. Brazil (56.3 tons)
  6. India (50.6 tons)
  7. China (47.1 tons)
  8. United Kingdom (45.9 tons)

Source: IndexBox Market Intelligence Platform

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