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

Contents:

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

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Sweden (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 $13,840 per ton, rising by 6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in June 2023 an increase of 23% month-to-month. Over the period under review, average import prices attained the peak figure in December 2023.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +3.0% per month.

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

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $8,960 per ton, dropping by -26.4% against the previous year. In general, the export price, however, saw a mild expansion. The pace of growth was the most pronounced in 2015 an increase of 188% against the previous year. Over the period under review, the average export prices reached the peak figure at $37,482 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +53.6% per year.

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

In 2022, approx. 1.2K tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Sweden; surging by 10% against 2021. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. 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 stood at $14M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Finland (715.4 tons)
2. Germany (199.2 tons)
3. Netherlands (84.2 tons)
4. Italy (77.9 tons)
5. Denmark (63.8 tons)

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

In 2022, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -40.1% to 2.2 tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 3.2% against the previous year. As a result, the exports reached the peak of 5.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted notably to $20K in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of -29.6% was in 2020.

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

1. United Kingdom (2.2 tons)

Source: IndexBox Market Intelligence Platform