Price for Copper; Powders and Flakes in the United States - 2023
Contents:
- Price for Copper; Powders and Flakes in the United States (FOB) - 2023
- Price for Copper; Powders and Flakes in the United States (CIF) - 2023
- Exports of Copper; Powders and Flakes in the United States
- Imports of Copper; Powders and Flakes in the United States
Price for Copper; Powders and Flakes in the United States (FOB) - 2023
The average copper; powders and flakes export price stood at $1,924 per ton in August 2023, surging by 7.1% against the previous month. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices attained the maximum at $6,625 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($10,330 per ton), while the average price for exports to Malaysia stood at $1,693 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.7%).
Price for Copper; Powders and Flakes in the United States (CIF) - 2023
The average copper; powders and flakes import price stood at $15,961 per ton in August 2023, with an increase of 15% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 18% m-o-m. The import price peaked at $16,441 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($67,100 per ton), while the price for Mexico ($12,362 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Powders and Flakes in the United States
In 2022, exports of copper; powders and flakeses from the United States skyrocketed to 24K tons, growing by 194% against the previous year. In general, 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 soared to $155M in 2022. Overall, exports posted 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 the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1.1 | 0.8 | 2.4 | 90.1 | 334.3% |
Canada | 14.2 | 13.0 | 24.7 | 21.4 | 14.7% |
China | 3.0 | 4.5 | 7.0 | 6.8 | 31.4% |
South Korea | 6.6 | 6.3 | 6.9 | 6.5 | -0.5% |
Germany | 4.0 | 4.1 | 4.6 | 5.6 | 11.9% |
Hong Kong SAR | 2.4 | 2.2 | 4.1 | 4.0 | 18.6% |
Taiwan (Chinese) | 3.7 | 2.9 | 5.5 | 3.6 | -0.9% |
United Kingdom | 2.9 | 1.7 | 3.1 | 2.4 | -6.1% |
Others | 12.6 | 11.5 | 17.1 | 14.8 | 5.5% |
Total | 50.6 | 47.0 | 75.5 | 155 | 45.2% |
Top Export Markets for Copper; Powders and Flakes from the United States in 2022:
- Malaysia (17.1K tons)
- Canada (2.2K tons)
- China (0.7K tons)
- Hong Kong SAR (0.6K tons)
- Germany (0.5K tons)
- South Korea (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
- United Kingdom (0.2K tons)
Imports of Copper; Powders and Flakes in the United States
In 2022, the amount of copper; powders and flakeses imported into the United States reduced modestly to 2.9K tons, remaining constant against 2021 figures. In general, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year.
In value terms, copper; powders and flakes imports expanded sharply to $46M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 increased by +77.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Copper; Powders and Flakes in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.2 | 11.3 | 20.0 | 20.9 | 8.9% |
United Kingdom | 5.1 | 4.7 | 8.7 | 10.2 | 26.0% |
Italy | 4.2 | 2.7 | 3.0 | 3.2 | -8.7% |
France | 1.3 | 1.2 | 2.1 | 2.9 | 30.7% |
Japan | 2.8 | 2.3 | 3.4 | 2.7 | -1.2% |
Netherlands | 0.9 | 0.9 | 1.3 | 1.6 | 21.1% |
Mexico | 0.4 | N/A | 0.6 | 0.7 | 20.5% |
Poland | 2.7 | 1.4 | 1.7 | 0.2 | -58.0% |
Others | 0.9 | 1.2 | 2.0 | 3.3 | 54.2% |
Total | 34.6 | 25.6 | 42.7 | 45.6 | 9.6% |
Top Suppliers of Copper; Powders and Flakes to the United States in 2022:
- Germany (1456.9 tons)
- United Kingdom (657.8 tons)
- Italy (229.0 tons)
- Japan (144.5 tons)
- France (77.7 tons)
- Netherlands (76.6 tons)
- Mexico (60.1 tons)
- Poland (12.6 tons)
This report provides an in-depth analysis of the copper powder market in the U.S..
This report provides an in-depth analysis of the global copper powder market.
This report provides an in-depth analysis of the copper powder market in the U.S..
This report provides an in-depth analysis of the global copper powder market.
Copper Powder exports surged to $30M in May 2023 in terms of value.
In November 2022, the copper powder price amounted to $6,006 per ton (FOB, US), picking up by 1.5% against the previous month.
In July 2022, the copper powder price per tonamounted to $6,334 per ton, declining by less than 0.1% against the previous month.
Explore the top countries leading the global import market for copper powder in 2023. From Malaysia to Germany, these nations play a crucial role in the trade of this essential material.
Copper Powder exports surged to $30M in May 2023 in terms of value.
In November 2022, the copper powder price amounted to $6,006 per ton (FOB, US), picking up by 1.5% against the previous month.
In July 2022, the copper powder price per tonamounted to $6,334 per ton, declining by less than 0.1% against the previous month.
Explore the top countries leading the global import market for copper powder in 2023. From Malaysia to Germany, these nations play a crucial role in the trade of this essential material.