Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark - 2023

Contents:

  1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (CIF) - 2023
  2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (FOB) - 2022
  3. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark
  4. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (CIF) - 2023

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,450 per ton in September 2023, waning by -3.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 6.2% against the previous month. As a result, import price reached the peak level of $10,215 per ton. From June 2023 to September 2023, the average import prices remained at a lower figure.

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

From October 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +0.5% per month.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (FOB) - 2022

In 2022, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $1,000 per ton, shrinking by -95.5% against the previous year. In general, the export price faced a precipitous descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 87%. Over the period under review, the average export prices attained the maximum at $56,833 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,000 per ton), while the average price for exports to Poland amounted to $500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+36.8%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark

In 2022, the amount of copper; refined, unwrought, cathodes and sections of cathodeses imported into Denmark soared to 16 tons, jumping by 407,125% compared with the year before. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses skyrocketed to $159K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany0.7N/A1581402.4%
OthersN/A1.50.1-93.3%
Total0.71.51591407.1%

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

  1. Germany (16.3 tons)

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark

Exports of copper; refined, unwrought, cathodes and sections of cathodeses from Denmark fell dramatically to 3 kg in 2022, shrinking by -99% compared with the year before. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 6,080% against the previous year. As a result, the exports reached the peak of 309 kg, and then dropped significantly in the following year.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses fell sharply to $3 in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 11,439% against the previous year. As a result, the exports attained the peak of $6.8K, and then shrank sharply in the following year.

Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Denmark (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A28.02.0-92.9%
Poland11.025.0N/A1.0-55.0%
NorwayN/AN/A4,063N/A0%
GermanyN/A33.02,687N/A8042.4%
Others52.01.030.0N/A-24.0%
Total63.059.06,8083.0-63.8%

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Denmark in 2022:

  1. Poland (2.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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