Price for Copper; Refined, Unwrought, Billets in Belgium - 2023

Contents:

1. Price for Copper; Refined, Unwrought, Billets in Belgium (CIF) - 2022
2. Imports of Copper; Refined, Unwrought, Billets in Belgium

Price for Copper; Refined, Unwrought, Billets in Belgium (CIF) - 2022

In 2022, the average copper; refined, unwrought, billets import price amounted to $7,645 per ton, falling by -32.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. As a result, import price reached the peak level of $11,308 per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,560 per ton), while the price for Switzerland ($6,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Copper; Refined, Unwrought, Billets in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; refined, unwrought, billetses, when their volume decreased by -56.2% to 103 tons. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 25,020%.

In value terms, copper; refined, unwrought, billets imports contracted significantly to $787K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 24,823%.

Top Suppliers of Copper; Refined, Unwrought, Billets to Belgium in 2022:

1. United States (95.1 tons)
2. Switzerland (3.5 tons)
3. Bulgaria (3.5 tons)

Source: IndexBox Market Intelligence Platform