Price for Copper; Refined, Unwrought, Wire-Bars in Switzerland - 2023

Contents:

1. Price for Copper; Refined, Unwrought, Wire-Bars in Switzerland (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Wire-Bars in Switzerland (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Wire-Bars in Switzerland
4. Imports of Copper; Refined, Unwrought, Wire-Bars in Switzerland

Price for Copper; Refined, Unwrought, Wire-Bars in Switzerland (FOB) - 2022

In 2022, the average copper; refined, unwrought, wire-bars export price amounted to $17,602 per ton, shrinking by -5.3% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 465%. Over the period under review, the average export prices attained the peak figure at $33,299 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($21,871 per ton), while the average price for exports to Germany amounted to $8,568 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.5%).

Price for Copper; Refined, Unwrought, Wire-Bars in Switzerland (CIF) - 2022

The average copper; refined, unwrought, wire-bars import price stood at $8,448 per ton in 2022, with a decrease of -16.9% against the previous year. Over the period under review, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 97%. As a result, import price reached the peak level of $13,810 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($32,400 per ton), while the price for Bahrain ($2,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Copper; Refined, Unwrought, Wire-Bars in Switzerland

In 2022, the amount of copper; refined, unwrought, wire-barses exported from Switzerland dropped significantly to 1.8 tons, waning by -45.4% against the previous year's figure. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 2,270%.

In value terms, copper; refined, unwrought, wire-bars exports fell rapidly to $31K in 2022. In general, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2,858% against the previous year.

Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from Switzerland in 2022:

1. Germany (775.0 kg)
2. Italy (487.0 kg)

Imports of Copper; Refined, Unwrought, Wire-Bars in Switzerland

In 2022, the amount of copper; refined, unwrought, wire-barses imported into Switzerland contracted modestly to 241 kg, shrinking by -2.4% against 2021. In general, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 648%.

In value terms, copper; refined, unwrought, wire-bars imports shrank remarkably to $2K in 2022. Over the period under review, imports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 500%.

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Switzerland in 2022:

1. Bahrain (120.0 kg)
2. Germany (115.0 kg)
3. China (5.0 kg)

Source: IndexBox Market Intelligence Platform