Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain - 2024
Contents:
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (CIF) - 2022
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (FOB) - 2024
- Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain
- Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (CIF) - 2022
In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,069 per ton, declining by -3.4% against the previous year. Overall, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2013 an increase of 86%. As a result, import price reached the peak level of $14,934 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($9,863 per ton) and Germany ($9,782 per ton), while the price for Tanzania ($8,151 per ton) and Belgium ($8,598 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (FOB) - 2024
In March 2024, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,101 per ton, growing by 1.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 when the average export price increased by 7.7% month-to-month. Over the period under review, the average export prices hit record highs at $9,397 per ton in April 2023; however, from May 2023 to March 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In March 2024, the country with the highest price was Germany ($9,325 per ton), while the average price for exports to Italy ($9,089 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain
In 2022, overseas purchases of copper; refined, unwrought, cathodes and sections of cathodeses were finally on the rise to reach 142K tons after two years of decline. Over the period under review, imports, however, showed a deep contraction.
In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses skyrocketed to $1.3B in 2022. Overall, imports recorded a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 53%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 206 | 176 | 343 | 729 | 52.4% |
| Chile | 211 | 212 | 362 | 303 | 12.8% |
| Russia | 9.6 | N/A | 1.8 | 64.1 | 88.3% |
| Zambia | 30.4 | 5.6 | 22.8 | 42.1 | 11.5% |
| Kazakhstan | 17.0 | N/A | N/A | 32.2 | 23.7% |
| Luxembourg | N/A | N/A | N/A | 32.0 | 0% |
| Peru | N/A | N/A | N/A | 21.5 | 0% |
| Germany | 31.5 | 109 | 49.9 | 14.0 | -23.7% |
| Tanzania | 6.3 | 2.5 | 100 | 5.8 | -2.7% |
| South Africa | 33.8 | 23.3 | 22.8 | 4.1 | -50.5% |
| United Kingdom | 18.7 | 55.0 | N/A | N/A | 194.1% |
| Others | 612 | 18.8 | 19.4 | 38.2 | -60.3% |
| Total | 1,176 | 601 | 922 | 1,286 | 3.0% |
Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Spain in 2022:
- Democratic Republic of the Congo (81.6K tons)
- Chile (32.8K tons)
- Russia (6.5K tons)
- Zambia (4.8K tons)
- Kazakhstan (3.7K tons)
- Luxembourg (3.5K tons)
- Peru (2.3K tons)
- Germany (1.4K tons)
- Tanzania (0.7K tons)
- South Africa (0.4K tons)
Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain
For the third consecutive year, Spain recorded decline in overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses, which decreased by -34.2% to 78K tons in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -18.4% was in 2021.
In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses reduced remarkably to $670M in 2022. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.
| Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 353 | 354 | 506 | 289 | -6.5% |
| Egypt | 134 | 154 | 266 | 148 | 3.4% |
| Greece | 65.6 | 73.3 | 232 | 94.7 | 13.0% |
| Turkey | 38.4 | N/A | N/A | 49.8 | 9.1% |
| Germany | 23.2 | 25.9 | 58.7 | 36.6 | 16.4% |
| Netherlands | N/A | 50.7 | N/A | 20.0 | -37.2% |
| China | 12.1 | 189 | N/A | N/A | 1462.0% |
| United Arab Emirates | 42.0 | N/A | N/A | N/A | 0% |
| Others | 783 | 47.2 | 36.5 | 32.3 | -65.4% |
| Total | 1,451 | 895 | 1,098 | 670 | -22.7% |
Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Spain in 2022:
- Italy (33.5K tons)
- Egypt (17.1K tons)
- Greece (11.0K tons)
- Turkey (6.0K tons)
- Germany (4.1K tons)
- Netherlands (2.5K tons)
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In April 2023, the price of Refined Copper stood at $9,381 per ton (FOB, Spain), with a 7% surge compared to the previous month.
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Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
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Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
2441
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
