Sulphates; of Copper Price in Norway - 2023

Contents:

  1. Sulphates; of Copper Price in Norway (CIF) - 2022
  2. Sulphates; of Copper Price in Norway (FOB) - 2022
  3. Sulphates; of Copper Imports in Norway
  4. Sulphates; of Copper Exports in Norway

Sulphates; of Copper Price in Norway (CIF) - 2022

The average sulphates; of copper import price stood at $4,127 per ton in 2022, jumping by 36% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 import price increased by +90.6% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($21,489 per ton), while the price for Russia ($2,640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average sulphates; of copper export price stood at $918 per ton in 2022, shrinking by -8.2% against the previous year. Overall, the export price showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked at $20,777 per ton in 2012; however, from 2013 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 Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +1.5% per year.

Sulphates; of Copper Imports in Norway

In 2022, supplies from abroad of sulphates; of coppers decreased by -16.8% to 171 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 22%. As a result, imports attained the peak of 242 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphates; of copper imports rose sharply to $707K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sulphates; of Copper in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11190.697.220622.9%
Italy63.051.520.719646.0%
Denmark58.779.238.676.29.1%
Finland24.151.336.954.831.5%
Russia51.514815254.41.8%
Germany1.92.819.452.6202.5%
Poland4.15.417.115.154.4%
Chile80.493.476.1N/A-2.7%
Others34.336.916651.214.3%
Total42955962570718.1%

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

  1. Turkey (51.8 tons)
  2. Italy (47.6 tons)
  3. Russia (20.6 tons)
  4. Finland (20.0 tons)
  5. Denmark (18.7 tons)
  6. Poland (4.2 tons)
  7. Germany (4.0 tons)

Sulphates; of Copper Exports in Norway

In 2022, sulphates; of copper exports from Norway declined to 159 kg, with a decrease of -14.5% against 2021 figures. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year.

In value terms, sulphates; of copper exports fell remarkably to $146 in 2022. Overall, exports faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year.

Export of Sulphates; of Copper in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark21056.013773.0-29.7%
LatviaN/A50.0N/AN/A0%
FranceN/AN/A25.0N/A0%
OthersN/AN/A24.073.0204.2%
Total210106186146-11.4%

Top Export Markets for Sulphates; of Copper from Norway in 2022:

  1. Denmark (80.0 kg)

Source: IndexBox Market Intelligence Platform

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