Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (FOB) - 2023
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (CIF) - 2022
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (FOB) - 2023
In December 2023, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,378 per ton, leveling off at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.1% m-o-m. As a result, the export price reached the peak level of $11,733 per ton. From May 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In December 2023, the countries with the highest prices were China ($12,851 per ton) and the United States ($11,531 per ton), while the average price for exports to Malaysia ($10,032 per ton) and Indonesia ($10,131 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $10,526 per ton in 2022, approximately equating the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +65.9% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($19,505 per ton), while the price for France ($10,181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland
In 2022, approx. 27K tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were exported from Finland; surging by 10% on 2021. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses expanded significantly to $290M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 42.8 | 38.8 | 72.3 | 74.6 | 20.3% |
France | 15.9 | 22.2 | 39.6 | 46.8 | 43.3% |
United States | 20.6 | 17.6 | 27.8 | 33.6 | 17.7% |
China | 0.4 | 0.1 | 7.9 | 28.4 | 314.1% |
Italy | 17.6 | 14.2 | 25.7 | 21.7 | 7.2% |
Spain | 9.2 | 5.6 | 10.2 | 9.7 | 1.8% |
Sweden | 6.4 | 6.6 | 10.9 | 9.3 | 13.3% |
United Kingdom | 6.0 | 5.9 | 9.4 | 8.9 | 14.0% |
Slovakia | 5.9 | 5.6 | 9.1 | 8.4 | 12.5% |
Indonesia | 1.8 | 3.3 | 5.3 | 8.3 | 66.4% |
Malta | N/A | 2.4 | 3.5 | 6.3 | 62.0% |
Malaysia | 3.8 | 4.7 | 5.0 | 6.2 | 17.7% |
Netherlands | 3.6 | 4.3 | 7.3 | 3.9 | 2.7% |
Others | 24.6 | 19.0 | 20.2 | 24.2 | -0.5% |
Total | 159 | 150 | 254 | 290 | 22.2% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Finland in 2022:
- Germany (6.8K tons)
- France (4.5K tons)
- United States (2.9K tons)
- China (2.2K tons)
- Italy (2.1K tons)
- Spain (1.0K tons)
- United Kingdom (0.9K tons)
- Slovakia (0.9K tons)
- Indonesia (0.8K tons)
- Sweden (0.8K tons)
- Malta (0.6K tons)
- Malaysia (0.6K tons)
- Netherlands (0.4K tons)
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland
In 2022, after three years of growth, there was decline in overseas purchases of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, when their volume decreased by -1.1% to 1.7K tons. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 339%. As a result, imports reached the peak of 1.7K tons, and then shrank modestly in the following year.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses shrank modestly to $18M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 483%. As a result, imports attained the peak of $18M, leveling off in the following year.
Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.0 | 1.7 | 16.6 | 15.1 | 96.2% |
Bulgaria | N/A | N/A | 0.1 | 1.2 | 1100.0% |
Turkey | N/A | N/A | N/A | 0.4 | 0% |
Italy | 0.5 | 0.5 | 0.8 | 0.3 | -15.7% |
France | N/A | 0.5 | 0.2 | 0.3 | -22.5% |
Poland | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
Others | 0.3 | 0.1 | 0.3 | 0.5 | 18.6% |
Total | 2.8 | 3.1 | 18.2 | 18.1 | 86.3% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Finland in 2022:
- Germany (1455.7 tons)
- Bulgaria (110.3 tons)
- Turkey (31.5 tons)
- France (30.6 tons)
- Italy (24.4 tons)
- Poland (20.2 tons)
This report provides an in-depth analysis of the market for copper bars, wire and plates in Finland.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.