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

Contents:

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

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Slovenia (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 $11,814 per ton, increasing by 10% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 10% against the previous month. The import price peaked at $13,289 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($12,081 per ton), while the price for Serbia stood at $10,568 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Finland (+1.1%), 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 Slovenia (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 $12,047 per ton, reducing by -2.4% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 6.2% m-o-m. The export price peaked at $13,006 per ton in May 2023; however, from June 2023 to December 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was Bosnia and Herzegovina ($12,395 per ton), while the average price for exports to Serbia amounted to $10,913 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 2.5K tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Slovenia; picking up by 14% compared with 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +71.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $29M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A5.310.910.641.4%
Germany6.04.05.27.05.3%
Serbia2.82.55.86.633.1%
Italy0.91.11.82.642.4%
China0.10.10.10.9108.0%
Finland1.40.60.50.8-17.0%
Slovakia0.30.50.30.30.0%
Others1.00.60.30.4-26.3%
Total12.514.825.029.232.7%

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

  1. South Korea (896.9 tons)
  2. Serbia (630.0 tons)
  3. Germany (572.9 tons)
  4. Italy (247.8 tons)
  5. Finland (75.6 tons)
  6. China (58.4 tons)
  7. Slovakia (23.3 tons)

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

In 2022, shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -11.8% to 948 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,118%.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reduced to $11M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,068%.

Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A5.310.910.641.4%
North MacedoniaN/AN/AN/A0.20%
Croatia0.30.20.30.1-30.7%
Bosnia and HerzegovinaN/A0.10.70.10.0%
ItalyN/A0.40.5N/A25.0%
Others0.20.10.10.20.0%
Total0.56.112.511.2181.9%

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

  1. Poland (896.8 tons)
  2. North Macedonia (15.8 tons)
  3. Bosnia and Herzegovina (11.9 tons)
  4. Croatia (10.2 tons)
  5. Italy (1.6 tons)

Source: IndexBox Market Intelligence Platform

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