Sulphates; of Copper Price in Germany - 2023

Sulphates; of Copper Price in Germany (CIF) - 2023

The average sulphates; of copper import price stood at $3,127 per ton in June 2023, picking up by 3.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 16% against the previous month. As a result, import price reached the peak level of $3,307 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Italy ($3,643 per ton) and Turkey ($3,345 per ton), while the price for Poland ($2,732 per ton) and Malta ($2,860 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Copper Price in Germany (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $4,101 per ton, with an increase of 16% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price increased by +51.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 30%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($5,219 per ton), while the average price for exports to Nigeria ($2,949 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 Switzerland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Imports in Germany

In 2022, overseas purchases of sulphates; of coppers decreased by -18.1% to 7.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 6.3%. As a result, imports reached the peak of 9.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphates; of copper imports fell slightly to $23M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $24M, and then reduced slightly in the following year.

Import of Sulphates; of Copper in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	2.0	4.3	7.1	6.2	45.8%
Italy	3.1	4.2	4.7	5.9	23.9%
Netherlands	2.6	3.4	3.9	5.5	28.4%
Turkey	1.3	1.1	2.0	1.8	11.5%
Malta	1.3	0.8	1.9	1.8	11.5%
Belgium	0.2	0.3	0.5	0.4	26.0%
Russia	3.2	2.1	2.2	0.2	-60.3%
Mexico	1.8	1.4	0.1	N/A	-76.4%
Others	2.1	0.9	2.0	1.7	-6.8%
Total	17.5	18.6	24.3	23.5	10.3%

Top Suppliers of Sulphates; of Copper to Germany in 2022:

Poland (2179.8 tons)
Netherlands (1748.7 tons)
Italy (1706.0 tons)
Turkey (603.7 tons)
Malta (600.0 tons)
Belgium (127.0 tons)
Russia (63.0 tons)
Mexico (0.3 tons)

Sulphates; of Copper Exports in Germany

In 2022, shipments abroad of sulphates; of coppers decreased by -23.9% to 2.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, the exports reached the peak of 3.2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphates; of copper exports declined to $8.7M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports reached the peak of $9.9M, and then dropped in the following year.

Export of Sulphates; of Copper in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	1,682	1,771	2,998	2,551	14.9%
France	566	612	748	1,019	21.7%
Poland	114	166	248	611	75.0%
Czech Republic	326	326	416	423	9.1%
Turkey	239	284	322	389	17.6%
Italy	147	163	226	337	31.9%
Netherlands	233	355	686	331	12.4%
Switzerland	364	469	556	306	-5.6%
Belgium	706	1,039	613	220	-32.2%
Denmark	903	1,416	624	170	-42.7%
Nigeria	35.5	88.2	54.8	119	49.7%
Hungary	239	248	95.8	76.5	-31.6%
Others	3,014	1,699	2,311	2,180	-10.2%
Total	8,569	8,634	9,898	8,733	0.6%