Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia - 2023

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia (CIF) - 2023
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia (CIF) - 2023

In December 2023, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,274 per ton, growing by 2.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 7.2% m-o-m. As a result, import price reached the peak level of $12,070 per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($11,792 per ton), while the price for Serbia amounted to $10,564 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $12,940 per ton, with an increase of 35% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $14,201 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($24,071 per ton), while the average price for exports to Italy ($6,875 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 Slovenia (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia

For the fourth year in a row, Croatia recorded growth in purchases abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 5.6% to 515 tons in 2022. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses expanded remarkably to $5.5M in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Croatia in 2022:

1. Germany (242.0 tons)
2. Bulgaria (117.9 tons)
3. Italy (55.5 tons)
4. Spain (19.7 tons)
5. Serbia (19.5 tons)
6. China (17.1 tons)
7. Slovenia (16.3 tons)
8. Austria (3.3 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Croatia

In 2022, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses from Croatia fell to 8.9 tons, with a decrease of -11% compared with 2021. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 204% against the previous year. As a result, the exports attained the peak of 10 tons, and then shrank in the following year.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $116K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 260%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Croatia in 2022:

1. Slovenia (5.7 tons)
2. Italy (2.8 tons)
3. Poland (0.3 tons)
4. Bosnia and Herzegovina (0.1 tons)

Source: IndexBox Market Intelligence Platform