Price for Copper; Refined, Unwrought, Wire-Bars in the UK - 2023
Contents:
- Price for Copper; Refined, Unwrought, Wire-Bars in the UK (FOB) - 2022
- Price for Copper; Refined, Unwrought, Wire-Bars in the UK (CIF) - 2022
- Exports of Copper; Refined, Unwrought, Wire-Bars in the UK
- Imports of Copper; Refined, Unwrought, Wire-Bars in the UK
Price for Copper; Refined, Unwrought, Wire-Bars in the UK (FOB) - 2022
The average copper; refined, unwrought, wire-bars export price stood at $9,485 per ton in 2022, falling by -48.1% against the previous year. Overall, the export price, however, recorded a modest increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 110%. The export price peaked at $21,731 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($44,113 per ton), while the average price for exports to Germany ($7,475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Copper; Refined, Unwrought, Wire-Bars in the UK (CIF) - 2022
In 2022, the average copper; refined, unwrought, wire-bars import price amounted to $31,790 per ton, increasing by 247% against the previous year. Overall, the import price continues to indicate a prominent expansion. Over the period under review, average import prices attained the maximum at $48,378 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($74,183 per ton), while the price for Ireland ($8,586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Refined, Unwrought, Wire-Bars in the UK
Copper; refined, unwrought, wire-bars exports from the UK dropped to 6.8 tons in 2022, shrinking by -12.3% against the year before. Overall, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 198%.
In value terms, copper; refined, unwrought, wire-bars exports dropped sharply to $64K in 2022. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 275%. As a result, the exports attained the peak of $141K, and then dropped markedly in the following year.
Export of Copper; Refined, Unwrought, Wire-Bars in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | 83.9 | 31.6 | -62.3% |
Germany | N/A | N/A | 1.6 | 21.5 | 1243.8% |
United States | 3.7 | 7.8 | 4.3 | 5.9 | 16.8% |
Ireland | 0.1 | 2.3 | 6.2 | 1.9 | 166.8% |
France | 110 | 9.4 | N/A | N/A | -91.5% |
Turkey | N/A | N/A | 14.4 | N/A | 0% |
Others | 17.4 | 18.1 | 30.8 | 3.3 | -42.5% |
Total | 131 | 37.7 | 141 | 64.2 | -21.2% |
Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from the UK in 2022:
- India (3.5 tons)
- Germany (2.9 tons)
- Ireland (0.2 tons)
- United States (0.1 tons)
Imports of Copper; Refined, Unwrought, Wire-Bars in the UK
In 2022, copper; refined, unwrought, wire-bars imports into the UK shrank dramatically to 951 kg, falling by -22.8% against the year before. Overall, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 91%.
In value terms, copper; refined, unwrought, wire-bars imports skyrocketed to $30K in 2022. In general, imports continue to indicate a precipitous decline.
Import of Copper; Refined, Unwrought, Wire-Bars in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | N/A | N/A | N/A | 18.4 | 0% |
France | N/A | N/A | N/A | 5.0 | 0% |
China | 24.5 | N/A | N/A | 4.5 | -43.2% |
Ireland | N/A | N/A | 6.8 | 2.3 | -66.2% |
India | N/A | N/A | 4.5 | N/A | 0% |
Denmark | 677 | 19.3 | N/A | N/A | -97.1% |
Others | 9.1 | N/A | N/A | N/A | 0% |
Total | 710 | 19.3 | 11.3 | 30.2 | -65.1% |
Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to the UK in 2022:
- France (336.0 kg)
- Taiwan (Chinese) (282.0 kg)
- Ireland (273.0 kg)
- China (60.0 kg)
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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.
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>
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.
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>