Price for Copper; Refined, Unwrought, Wire-Bars in China - 2023
Contents:
- Price for Copper; Refined, Unwrought, Wire-Bars in China (CIF) - 2022
- Price for Copper; Refined, Unwrought, Wire-Bars in China (FOB) - 2022
- Imports of Copper; Refined, Unwrought, Wire-Bars in China
- Exports of Copper; Refined, Unwrought, Wire-Bars in China
Price for Copper; Refined, Unwrought, Wire-Bars in China (CIF) - 2022
The average copper; refined, unwrought, wire-bars import price stood at $9,372 per ton in 2022, rising by 4.5% against the previous year. Over the period under review, the import price saw a perceptible expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 174% against the previous year. As a result, import price attained the peak level of $20,552 per ton. From 2015 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 countries with the highest prices were Egypt ($10,136 per ton) and Uzbekistan ($8,820 per ton), while the price for India ($7,528 per ton) and Malaysia ($8,661 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Refined, Unwrought, Wire-Bars in China (FOB) - 2022
The average copper; refined, unwrought, wire-bars export price stood at $27,751 per ton in 2022, declining by -7.1% against the previous year. Overall, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 61,811%. As a result, the export price attained the peak level of $3,136 per kg. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($42,000 per ton), while the average price for exports to the United States ($1,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+797.9%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Refined, Unwrought, Wire-Bars in China
In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; refined, unwrought, wire-barses, when their volume decreased by -60.5% to 5.2K tons. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 223%. As a result, imports attained the peak of 13K tons, and then shrank sharply in the following year.
In value terms, copper; refined, unwrought, wire-bars imports shrank significantly to $49M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 370%. As a result, imports attained the peak of $119M, and then fell rapidly in the following year.
| Import of Copper; Refined, Unwrought, Wire-Bars in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1.6 | 4.0 | 51.9 | 25.4 | 151.3% |
| Angola | 2.6 | 8.5 | 13.1 | 10.9 | 61.2% |
| Malaysia | N/A | 1.3 | 8.9 | 9.8 | 174.6% |
| Pakistan | 0.4 | 2.8 | 31.2 | 1.3 | 48.1% |
| Uzbekistan | N/A | N/A | 0.9 | 1.2 | 33.3% |
| India | 0.8 | 2.3 | 5.2 | 0.2 | -37.0% |
| Thailand | N/A | 1.9 | 1.6 | N/A | -15.8% |
| Vietnam | N/A | 2.4 | 2.6 | N/A | 8.3% |
| Others | 2.3 | 2.1 | 3.6 | 0.3 | -49.3% |
| Total | 7.7 | 25.3 | 119 | 49.1 | 85.4% |
Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to China in 2022:
- Egypt (2503.7 tons)
- Angola (1256.8 tons)
- Malaysia (1133.3 tons)
- Pakistan (153.0 tons)
- Uzbekistan (132.0 tons)
- India (25.8 tons)
Exports of Copper; Refined, Unwrought, Wire-Bars in China
In 2022, approx. 269 kg of copper; refined, unwrought, wire-barses were exported from China; increasing by 186% against 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 11,500% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, copper; refined, unwrought, wire-bars exports soared to $7.5K in 2022. Over the period under review, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Refined, Unwrought, Wire-Bars in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 5.5 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.8 | 0% |
| Belgium | N/A | N/A | N/A | 0.4 | 0% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| Japan | 2.3 | N/A | N/A | 0.1 | -64.8% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| United States | N/A | N/A | 2.6 | N/A | 0% |
| Cambodia | N/A | 0.2 | N/A | N/A | 0% |
| Algeria | N/A | N/A | 0.1 | N/A | 0% |
| Canada | N/A | 0.8 | N/A | N/A | 0% |
| Others | 4.0 | 1.1 | 0.1 | 0.3 | -57.8% |
| Total | 6.3 | 2.1 | 2.8 | 7.5 | 6.0% |
Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from China in 2022:
- Turkey (200.0 kg)
- United Kingdom (33.0 kg)
- Belgium (12.0 kg)
- Netherlands (5.0 kg)
- Japan (5.0 kg)
- Thailand (5.0 kg)
- United States (1.0 kg)
719
This report provides an in-depth analysis of the copper market in China.
435
This report provides an in-depth analysis of the copper market in China.
1245
This report provides an in-depth analysis of the global copper market.
605
This report provides an in-depth analysis of the global copper market.
344
This report provides an in-depth analysis of the unwrought copper alloy market in China.
719
This report provides an in-depth analysis of the copper market in China.
435
This report provides an in-depth analysis of the copper market in China.
536
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
1245
This report provides an in-depth analysis of the global copper market.
605
This report provides an in-depth analysis of the global copper market.
505
In value terms, refined copper imports dropped to $2.2B in February 2023
632
In September 2022, the refined copper price stood at $7,983 per ton (CIF, China), flattening at the previous month.
388
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.
2416
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>
505
In value terms, refined copper imports dropped to $2.2B in February 2023
632
In September 2022, the refined copper price stood at $7,983 per ton (CIF, China), flattening at the previous month.
388
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.
2416
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>
