Price for Copper; Powders and Flakes in the UK - 2023
Contents:
- Price for Copper; Powders and Flakes in the UK (FOB) - 2022
- Price for Copper; Powders and Flakes in the UK (CIF) - 2023
- Exports of Copper; Powders and Flakes in the UK
- Imports of Copper; Powders and Flakes in the UK
Price for Copper; Powders and Flakes in the UK (FOB) - 2022
In 2022, the average copper; powders and flakes export price amounted to $12,753 per ton, remaining stable against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 export price increased by +48.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 49%. As a result, the export price attained the peak level of $12,839 per ton, leveling off in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($26,632 per ton), while the average price for exports to Norway ($8,603 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 Belgium (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Powders and Flakes in the UK (CIF) - 2023
The average copper; powders and flakes import price stood at $16,524 per ton in June 2023, increasing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 39% m-o-m. As a result, import price attained the peak level of $16,552 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($67,390 per ton), while the price for Italy ($10,559 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Powders and Flakes in the UK
In 2022, approx. 6.8K tons of copper; powders and flakeses were exported from the UK; jumping by 53% on the previous year's figure. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper; powders and flakes exports surged to $87M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Copper; Powders and Flakes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.1 | 0.8 | 2.1 | 27.8 | 193.5% |
| United States | 5.1 | 4.7 | 9.2 | 10.3 | 26.4% |
| Sweden | 6.6 | 5.5 | 8.1 | 7.9 | 6.2% |
| Italy | 6.1 | 3.4 | 7.0 | 7.3 | 6.2% |
| France | 4.9 | 4.5 | 6.4 | 7.1 | 13.2% |
| Malaysia | 0.5 | 0.4 | 0.6 | 5.1 | 116.9% |
| Norway | 2.3 | 2.2 | 3.1 | 3.1 | 10.5% |
| South Korea | 4.2 | 1.2 | 1.6 | 2.2 | -19.4% |
| India | 1.2 | 0.9 | 2.1 | 2.1 | 20.5% |
| Germany | 4.4 | 2.4 | 3.2 | 2.0 | -23.1% |
| China | 1.4 | 1.0 | 1.8 | 1.5 | 2.3% |
| Denmark | 1.1 | 1.2 | 2.9 | 1.4 | 8.4% |
| Others | 5.9 | 7.8 | 8.9 | 8.8 | 14.3% |
| Total | 44.8 | 36.1 | 56.9 | 86.6 | 24.6% |
Top Export Markets for Copper; Powders and Flakes from the UK in 2022:
- Japan (2429.0 tons)
- Sweden (659.0 tons)
- United States (603.1 tons)
- Italy (568.2 tons)
- France (514.1 tons)
- Malaysia (426.0 tons)
- Norway (356.8 tons)
- India (172.2 tons)
- South Korea (139.3 tons)
- Germany (128.7 tons)
- Denmark (99.4 tons)
- China (96.9 tons)
Imports of Copper; Powders and Flakes in the UK
In 2022, approx. 1.3K tons of copper; powders and flakeses were imported into the UK; picking up by 26% against the previous year's figure. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, copper; powders and flakes imports skyrocketed to $16M in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Copper; Powders and Flakes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.9 | 1.9 | 5.0 | 192.4% |
| United States | 3.1 | 2.0 | 3.7 | 2.5 | -6.9% |
| Germany | 3.8 | 1.6 | 2.8 | 2.3 | -15.4% |
| Slovakia | 1.2 | 0.2 | 2.5 | 2.0 | 18.6% |
| Russia | N/A | N/A | N/A | 1.0 | 0% |
| France | 0.6 | 0.4 | 0.4 | 0.9 | 14.5% |
| Australia | 0.4 | 0.1 | 0.3 | 0.7 | 20.5% |
| Italy | 0.5 | 0.2 | 0.5 | 0.6 | 6.3% |
| Japan | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.3 | 0.4 | 0.3 | 0.7 | 32.6% |
| Total | 10.1 | 6.0 | 12.5 | 16.0 | 16.6% |
Top Suppliers of Copper; Powders and Flakes to the UK in 2022:
- China (382.9 tons)
- United States (228.9 tons)
- Germany (147.5 tons)
- Slovakia (146.0 tons)
- Japan (128.5 tons)
- Russia (88.8 tons)
- Australia (60.6 tons)
- France (56.9 tons)
- Italy (48.7 tons)
364
This report provides an in-depth analysis of the copper powder market in the UK.
640
This report provides an in-depth analysis of the global copper powder market.
364
This report provides an in-depth analysis of the copper powder market in the UK.
640
This report provides an in-depth analysis of the global copper powder market.
138
In February 2023, the growth rate for Copper Powder was the highest, with a remarkable increase of 75% compared to the previous month. In terms of value, Copper Powder exports decreased to $5.3M in November 2023.
138
In February 2023, the growth rate for Copper Powder was the highest, with a remarkable increase of 75% compared to the previous month. In terms of value, Copper Powder exports decreased to $5.3M in November 2023.
