Price for Copper; Refined, Unwrought, Billets in New Zealand - 2023

Contents:

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

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

The average copper; refined, unwrought, billets import price stood at less than $0.1 per ton in 2022, reducing by 99.9% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The import price peaked at $263,250 per ton in 2021, and then reduced 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 the United States ($689,752 per ton), while the price for Australia amounted to $11,046 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+38.1%).

Imports of Copper; Refined, Unwrought, Billets in New Zealand

In 2022, purchases abroad of copper; refined, unwrought, billetses decreased by -25% to 3 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a sharp curtailment.

In value terms, copper; refined, unwrought, billets imports contracted markedly to $527 in 2022. Overall, imports recorded a dramatic shrinkage.

Import of Copper; Refined, Unwrought, Billets in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8112,2611,0021,98234.7%
United States44687651.0113-36.7%
China653N/AN/AN/A0%
OthersN/A-3,137.0N/A-1,568.0-29.3%
Total1,910N/A1,053527-34.9%

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

  1. Australia (179.0 kg)

Source: IndexBox Market Intelligence Platform

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