Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand - 2024
Contents:
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand (CIF) - 2024
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand (FOB) - 2024
- Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand
- Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand (CIF) - 2024
In May 2024, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $10,646 per ton, rising by 9.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In May 2024, the countries with the highest prices were Democratic Republic of the Congo ($10,989 per ton) and Japan ($10,880 per ton), while the price for Chile ($10,229 per ton) and Australia ($10,263 per ton) were amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Japan (+1.9%), 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 Thailand (FOB) - 2024
In May 2024, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $7,756 per ton, rising by 6.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 9.3% month-to-month. The export price peaked at $8,412 per ton in May 2023; however, from June 2023 to May 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In May 2024, the country with the highest price was China ($7,824 per ton), while the average price for exports to Vietnam amounted to $7,430 per ton.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.6%).
Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand
Imports of copper; refined, unwrought, cathodes and sections of cathodeses into Thailand rose to 357K tons in 2022, with an increase of 2.5% against 2021 figures. Over the period under review, imports, however, recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 5.5%.
In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses totaled $3.3B in 2022. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 62%.
| Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 304 | 481 | 704 | 827 | 39.6% |
| Philippines | 235 | 264 | 459 | 443 | 23.5% |
| Chile | 162 | 206 | 285 | 443 | 39.8% |
| Indonesia | 133 | 150 | 302 | 353 | 38.5% |
| Democratic Republic of the Congo | 124 | 88.2 | 253 | 303 | 34.7% |
| Australia | 230 | 193 | 319 | 260 | 4.2% |
| South Korea | 47.4 | 54.4 | 143 | 164 | 51.2% |
| China | 286 | 92.6 | 374 | 111 | -27.1% |
| Lao People's Democratic Republic | 376 | 152 | 52.6 | 60.6 | -45.6% |
| Others | 2,557 | 345 | 398 | 357 | -48.1% |
| Total | 4,454 | 2,027 | 3,289 | 3,321 | -9.3% |
Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Thailand in 2022:
- Japan (90.3K tons)
- Philippines (49.1K tons)
- Chile (46.1K tons)
- Indonesia (36.9K tons)
- Democratic Republic of the Congo (32.4K tons)
- Australia (28.1K tons)
- South Korea (17.8K tons)
- China (12.3K tons)
- Lao People's Democratic Republic (6.6K tons)
Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand
After two years of decline, shipments abroad of copper; refined, unwrought, cathodes and sections of cathodeses increased by 339% to 10K tons in 2022. Over the period under review, exports, however, continue to indicate a dramatic contraction.
In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses soared to $84M in 2022. In general, exports, however, saw a significant curtailment.
| Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 147 | 107 | 17.4 | 76.3 | -19.6% |
| Vietnam | 3.3 | 1.9 | 2.4 | 7.6 | 32.1% |
| Others | 150 | N/A | N/A | N/A | 0% |
| Total | 301 | 108 | 19.7 | 83.9 | -34.7% |
Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Thailand in 2022:
- China (9.5K tons)
- Vietnam (0.9K tons)
789
This report provides an in-depth analysis of the copper market in Thailand.
1260
This report provides an in-depth analysis of the global copper market.
622
This report provides an in-depth analysis of the global copper market.
295
This report provides an in-depth analysis of the unwrought copper alloy market in Thailand.
789
This report provides an in-depth analysis of the copper market in Thailand.
572
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
1260
This report provides an in-depth analysis of the global copper market.
622
This report provides an in-depth analysis of the global copper market.
412
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>
412
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>
