Price for Copper; Refined and Copper Alloys, Unwrought in the Czech Republic - 2023

Contents:

  1. Price for Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (CIF) - 2023
  2. Price for Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (FOB) - 2022
  3. Imports of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic
  4. Exports of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic

Price for Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (CIF) - 2023

In December 2023, the average import price for copper; refined and copper alloys, unwroughts amounted to $5,531 per ton, which is down by -17% against the previous month. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in February 2023 an increase of 51% against the previous month. As a result, import price attained the peak level of $6,882 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($39,570 per ton), while the price for Germany ($2,984 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (FOB) - 2022

The average export price for copper; refined and copper alloys, unwroughts stood at $6,015 per ton in 2022, waning by -9.3% against the previous year. Over the period under review, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 9.1%. The export price peaked at $8,154 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($7,591 per ton), while the average price for exports to Slovakia ($2,927 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 China (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic

In 2022, imports of copper; refined and copper alloys, unwroughts into the Czech Republic reached 7.4K tons, rising by 3.8% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.6%.

In value terms, imports of copper; refined and copper alloys, unwroughts rose slightly to $38M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.07.814.615.931.5%
Germany16.712.413.411.2-12.5%
Slovakia2.71.42.74.215.9%
Italy1.91.93.13.421.4%
Others3.12.42.93.76.1%
Total31.425.936.738.46.9%

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to the Czech Republic in 2022:

  1. Germany (4.4K tons)
  2. Poland (1.8K tons)
  3. Slovakia (0.5K tons)
  4. Italy (0.4K tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic

In 2022, the amount of copper; refined and copper alloys, unwroughts exported from the Czech Republic skyrocketed to 4.2K tons, rising by 114% 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, exports of copper; refined and copper alloys, unwroughts skyrocketed to $25M in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Refined and Copper Alloys, Unwrought in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A1.716.8888.2%
Germany7.27.58.55.6-8.0%
Poland0.81.52.22.240.1%
Slovakia0.40.20.10.2-20.6%
Others0.20.20.50.535.7%
Total8.69.413.025.243.1%

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from the Czech Republic in 2022:

  1. China (2934.9 tons)
  2. Germany (859.4 tons)
  3. Poland (283.5 tons)
  4. Slovakia (67.0 tons)

Source: IndexBox Market Intelligence Platform

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