Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Indonesia - 2022

Contents:

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

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

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $8,830 per ton in 2022, waning by -5% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; refined, unwrought, cathodes and sections of cathodeses increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. As a result, the export price attained the peak level of $9,291 per ton, and then reduced modestly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($9,252 per ton) and Thailand ($8,965 per ton), while the average price for exports to China ($8,507 per ton) and Japan ($8,531 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $8,928 per ton in 2022, waning by -4% against the previous year. Over the period under review, the import price, however, saw a modest increase. The pace of growth appeared the most rapid in 2017 an increase of 135%. As a result, import price attained the peak level of $11,656 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($9,167 per ton) and Mexico ($9,137 per ton), while the price for Myanmar ($6,425 per ton) and Australia ($8,747 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses decreased by -3.6% to 371K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 406K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses contracted to $3.3B in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of $3.6B, and then fell in the following year.

Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia35223466574928.6%
Thailand14816629931128.1%
Vietnam17317019627616.8%
China280386404204-10.0%
Taiwan (Chinese)58.528.410046.4-7.4%
Japan25.327.022.517.9-10.9%
South Korea15.922.542.56.4-26.2%
Others1,0731,3981,8471,66515.8%
Total2,1262,4313,5763,27515.5%

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

  1. Malaysia (84.3K tons)
  2. Thailand (34.7K tons)
  3. Vietnam (31.1K tons)
  4. China (24.0K tons)
  5. Taiwan (Chinese) (5.2K tons)
  6. Japan (2.1K tons)
  7. South Korea (0.7K tons)

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

In 2022, the amount of copper; refined, unwrought, cathodes and sections of cathodeses imported into Indonesia contracted to 151K tons, which is down by -12.7% against 2021. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 6.9% against the previous year.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses declined remarkably to $1.3B in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60%. As a result, imports reached the peak of $1.6B, and then declined sharply in the following year.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan21215633229211.3%
Philippines83.453.065.11109.7%
Chile31.137.251.493.844.5%
China18915221472.3-27.4%
Myanmar48.257.623.941.8-4.6%
South Korea17.420.241.541.233.3%
Mexico11.313.026.525.230.6%
Australia18.612.124.520.33.0%
Others6145078316532.1%
Total1,2251,0071,6101,3503.3%

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

  1. Japan (32.1K tons)
  2. Philippines (12.2K tons)
  3. Chile (10.5K tons)
  4. China (7.9K tons)
  5. Myanmar (6.5K tons)
  6. South Korea (4.5K tons)
  7. Mexico (2.8K tons)
  8. Australia (2.3K tons)

Source: IndexBox Market Intelligence Platform

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