Price for Copper; Refined, Unwrought, Billets in Israel - 2022

Contents:

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

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

The average copper; refined, unwrought, billets import price stood at $6,509 per ton in 2022, approximately mirroring the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, import price attained the peak level of $7,835 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($7,669 per ton), while the price for Italy ($5,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Refined, Unwrought, Billets in Israel (FOB) - 2022

The average copper; refined, unwrought, billets export price stood at $8,064 per ton in 2022, which is down by -1.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; refined, unwrought, billets export price increased by +110.6% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $8,207 per ton in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.6% per year.

Imports of Copper; Refined, Unwrought, Billets in Israel

In 2022, supplies from abroad of copper; refined, unwrought, billetses increased by 7.9% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt curtailment.

In value terms, copper; refined, unwrought, billets imports expanded markedly to $75K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment.

Import of Copper; Refined, Unwrought, Billets in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey64.832.929.637.0-17.0%
Italy36.145.934.536.10.0%
United Kingdom5.12.21.61.7-30.7%
China4.0N/A3.0N/A-13.4%
OthersN/AN/AN/AN/A0%
Total11081.068.774.9-12.0%

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

  1. Italy (6.4 tons)
  2. Turkey (4.8 tons)
  3. United Kingdom (0.3 tons)

Exports of Copper; Refined, Unwrought, Billets in Israel

After two years of decline, shipments abroad of copper; refined, unwrought, billetses increased by 6.2% to 87 tons in 2022. Overall, exports, however, recorded a abrupt shrinkage.

In value terms, copper; refined, unwrought, billets exports amounted to $705K in 2022. Over the period under review, exports, however, saw a pronounced downturn.

Export of Copper; Refined, Unwrought, Billets in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany799735676705-4.1%
OthersN/AN/AN/AN/A0%
Total799735676705-4.1%

Top Export Markets for Copper; Refined, Unwrought, Billets from Israel in 2022:

  1. Germany (87.5 tons)

Source: IndexBox Market Intelligence Platform

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