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

Contents:

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

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in France (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 $8,457 per ton, with a decrease of -4.5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 12% against the previous month. The import price peaked at $9,148 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($11,187 per ton), while the price for the UK ($9,603 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Finland (+1.8%), 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 France (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 $9,930 per ton, with an increase of 12% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $11,051 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was China ($95,206 per ton), while the average price for exports to Canada ($12,780 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into France expanded remarkably to 39K tons in 2022, with an increase of 11% compared with 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses expanded markedly to $336M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (25.2K tons)
2. Finland (5.7K tons)
3. Bulgaria (3.2K tons)
4. Italy (2.5K tons)
5. Spain (1.4K tons)
6. Turkey (0.8K tons)

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

In 2022, approx. 11K tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were exported from France; growing by 14% against the year before. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses rose markedly to $112M in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (6.4K tons)
2. Italy (2.2K tons)
3. Hungary (0.6K tons)
4. Spain (0.4K tons)
5. Saudi Arabia (0.3K tons)
6. Bulgaria (0.2K tons)

Source: IndexBox Market Intelligence Platform