Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal - 2024

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal (CIF) - 2024
2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal (FOB) - 2022
3. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal
4. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Portugal (CIF) - 2024

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $4,090 per ton in March 2024, with a decrease of -43.6% against the previous month. In general, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 37% m-o-m. The import price peaked at $11,415 per ton in December 2023; however, from January 2024 to March 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,752 per ton), while the price for Spain ($1,148 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $2,000 per ton in 2022, waning by -53.9% against the previous year. Over the period under review, the export price showed a significant decrease. The most prominent rate of growth was recorded in 2018 an increase of 87%. Over the period under review, the average export prices hit record highs at $30,480 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +56.3% per year.

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

In 2022, overseas purchases of copper; refined, unwrought, cathodes and sections of cathodeses were finally on the rise to reach 267 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp slump.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses skyrocketed to $2.7M in 2022. Overall, imports, however, showed a significant contraction.

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

1. Germany (116.9 tons)
2. Belgium (68.9 tons)
3. Spain (51.0 tons)
4. Slovakia (27.6 tons)
5. France (3.1 tons)

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

For the third consecutive year, Portugal recorded decline in shipments abroad of copper; refined, unwrought, cathodes and sections of cathodeses, which decreased by -99.7% to 1 kg in 2022. Over the period under review, exports saw a significant curtailment. The smallest decline of -93.2% was in 2020.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses shrank remarkably to $2 in 2022. In general, exports continue to indicate a significant curtailment. The smallest decline of -93.5% was in 2020.

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

1. Cabo Verde (1.0 kg)

Source: IndexBox Market Intelligence Platform