Price for Copper; Refined and Copper Alloys, Unwrought in Denmark - 2023

Contents:

  1. Price for Copper; Refined and Copper Alloys, Unwrought in Denmark (CIF) - 2022
  2. Price for Copper; Refined and Copper Alloys, Unwrought in Denmark (FOB) - 2022
  3. Imports of Copper; Refined and Copper Alloys, Unwrought in Denmark
  4. Exports of Copper; Refined and Copper Alloys, Unwrought in Denmark

Price for Copper; Refined and Copper Alloys, Unwrought in Denmark (CIF) - 2022

The average import price for copper; refined and copper alloys, unwroughts stood at $10,606 per ton in 2022, increasing by 5.7% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; refined and copper alloys, unwroughts increased by +39.8% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($27,725 per ton), while the price for the UK ($9,416 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Refined and Copper Alloys, Unwrought in Denmark (FOB) - 2022

The average export price for copper; refined and copper alloys, unwroughts stood at $16,423 per ton in 2022, dropping by -14.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 55% against the previous year. As a result, the export price attained the peak level of $19,117 per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($28,271 per ton), while the average price for exports to Germany ($5,905 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 Iceland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Refined and Copper Alloys, Unwrought in Denmark

In 2022, the amount of copper; refined and copper alloys, unwroughts imported into Denmark reduced to 1.7K tons, almost unchanged from 2021 figures. In general, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26%.

In value terms, imports of copper; refined and copper alloys, unwroughts amounted to $18M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Copper; Refined and Copper Alloys, Unwrought in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.74.68.87.59.6%
United Kingdom1.52.12.15.150.4%
Spain3.31.02.72.3-11.3%
Netherlands0.40.2N/A0.931.0%
Italy0.30.20.40.838.7%
Slovakia1.31.60.60.6-22.7%
Sweden0.30.11.20.2-12.6%
Others0.40.20.90.3-9.1%
Total13.110.016.817.710.6%

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Denmark in 2022:

  1. Germany (715.3 tons)
  2. United Kingdom (539.2 tons)
  3. Spain (245.2 tons)
  4. Italy (76.0 tons)
  5. Netherlands (30.9 tons)
  6. Slovakia (26.6 tons)
  7. Sweden (17.4 tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in Denmark

In 2022, exports of copper; refined and copper alloys, unwroughts from Denmark expanded rapidly to 303 tons, picking up by 14% against 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 +5.4% 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 +66.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of copper; refined and copper alloys, unwroughts contracted modestly to $5M in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $5.1M, and then contracted in the following year.

Export of Copper; Refined and Copper Alloys, Unwrought in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania4154381,3821,51754.0%
Germany52146190478014.4%
Sweden43048351560311.9%
Finland16915654846740.3%
France40.627.8351410116.1%
Norway500231256223-23.6%
United Kingdom13495.129120214.7%
Poland51.138.479.417149.6%
Others43932175360811.5%
Total2,7002,2515,0804,98222.7%

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Denmark in 2022:

  1. Germany (132.1 tons)
  2. Lithuania (53.7 tons)
  3. Sweden (27.9 tons)
  4. Finland (21.1 tons)
  5. France (17.6 tons)
  6. Norway (16.4 tons)
  7. Poland (8.2 tons)
  8. United Kingdom (5.7 tons)

Source: IndexBox Market Intelligence Platform

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