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

Contents:

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

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

In November 2023, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,232 per ton, growing by 7.4% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 9.1% against the previous month. As a result, the export price attained the peak level of $9,337 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was China ($9,763 per ton), while the average price for exports to Germany stood at $8,926 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.6%), 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 Sweden (CIF) - 2022

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,383 per ton in 2022, remaining relatively unchanged against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; refined, unwrought, cathodes and sections of cathodeses increased by +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,761 per ton), while the price for Norway stood at $9,376 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), 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 Sweden

In 2022, shipments abroad of copper; refined, unwrought, cathodes and sections of cathodeses was finally on the rise to reach 109K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep setback.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses rose markedly to $954M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25133941652628.0%
Italy11713336838448.6%
Netherlands2.814222.514.974.6%
Finland3.615.216.113.956.9%
China13.613031.4N/A51.9%
Others4208.821.915.1-67.0%
Total8077688769545.7%

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

  1. Germany (60.1K tons)
  2. Italy (43.6K tons)
  3. Netherlands (2.0K tons)
  4. Finland (1.4K tons)

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

In 2022, imports of copper; refined, unwrought, cathodes and sections of cathodeses into Sweden dropped notably to 11K tons, which is down by -18.8% against the previous year. Over the period under review, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 5.9% against the previous year.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses shrank sharply to $103M in 2022. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway78.377.31241018.9%
Others79.61.01.91.6-72.8%
Total15878.3126103-13.3%

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

  1. Norway (10.8K tons)

Source: IndexBox Market Intelligence Platform

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