Price for Copper; Powders and Flakes in Japan - 2023

Contents:

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

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

The average copper; powders and flakes export price stood at $14,926 per ton in July 2023, declining by -25.3% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 61% m-o-m. As a result, the export price attained the peak level of $19,987 per ton, and then shrank significantly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($27,944 per ton), while the average price for exports to Indonesia ($11,280 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Japan (CIF) - 2023

In July 2023, the average copper; powders and flakes import price amounted to $14,535 per ton, surging by 24% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 43% m-o-m. Over the period under review, average import prices attained the peak figure at $20,313 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($101K per ton), while the price for Indonesia ($6,713 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 China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Powders and Flakes in Japan

In 2022, shipments abroad of copper; powders and flakeses decreased by -15.6% to 4.4K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports reached the peak of 5.2K tons, and then reduced markedly in the following year.

In value terms, copper; powders and flakes exports dropped significantly to $66M in 2022. Overall, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of $93M, and then fell markedly in the following year.

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

1. China (2191.1 tons)
2. Thailand (565.4 tons)
3. Taiwan (Chinese) (399.0 tons)
4. Indonesia (282.6 tons)
5. Vietnam (230.7 tons)
6. South Korea (208.3 tons)
7. United States (179.3 tons)
8. Singapore (150.7 tons)

Imports of Copper; Powders and Flakes in Japan

Copper; powders and flakes imports into Japan contracted dramatically to 939 tons in 2022, which is down by -32.6% compared with the previous year. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year.

In value terms, copper; powders and flakes imports contracted rapidly to $14M in 2022. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 79%. As a result, imports reached the peak of $19M, and then declined markedly in the following year.

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

1. United Kingdom (185.7 tons)
2. Germany (155.8 tons)
3. China (155.1 tons)
4. France (154.9 tons)
5. Italy (153.3 tons)
6. Indonesia (84.3 tons)
7. United States (15.5 tons)

Source: IndexBox Market Intelligence Platform