Price for Copper; Powders and Flakes in Luxembourg - 2023

Contents:

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

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

The average copper; powders and flakes import price stood at $22,821 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $23,580 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($35,780 per ton), while the price for Belgium ($12,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Powders and Flakes in Luxembourg (FOB) - 2022

The average copper; powders and flakes export price stood at $26,941 per ton in 2022, jumping by 38% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 100% against the previous year. Over the period under review, the average export prices hit record highs at $38,236 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the Netherlands ($41,520 per ton), while the average price for exports to the United States ($18,225 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 Turkey (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Luxembourg

In 2022, supplies from abroad of copper; powders and flakeses decreased by -17.7% to 6.2 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. As a result, imports reached the peak of 8.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper; powders and flakes imports reduced to $141K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of $152K. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. France (3.6 tons)
2. United Kingdom (1.2 tons)
3. Belgium (1.0 tons)
4. Germany (0.4 tons)

Exports of Copper; Powders and Flakes in Luxembourg

In 2022, exports of copper; powders and flakeses from Luxembourg shrank remarkably to 170 kg, declining by -77.8% on the previous year's figure. Overall, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 3.8% against the previous year.

In value terms, copper; powders and flakes exports reduced sharply to $4.6K in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -24% was in 2021.

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

1. United States (80.0 kg)
2. China (50.0 kg)
3. Netherlands (25.0 kg)
4. Bulgaria (15.0 kg)

Source: IndexBox Market Intelligence Platform