Copper; Master Alloys Price in Australia - 2023

Contents:

1. Copper; Master Alloys Price in Australia (CIF) - 2022
2. Copper; Master Alloys Price in Australia (FOB) - 2022
3. Copper; Master Alloys Imports in Australia
4. Copper; Master Alloys Exports in Australia

Copper; Master Alloys Price in Australia (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $10,081 per ton, surging by 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Belgium ($12,605 per ton), while the price for the United States ($2,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Price in Australia (FOB) - 2022

The average copper; master alloys export price stood at $8,280 per ton in 2022, reducing by -23.2% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 519% against the previous year. The export price peaked at $18,105 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($28,040 per ton), while the average price for exports to China stood at $8,271 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+58.3%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Imports in Australia

In 2022, purchases abroad of copper; master alloyses decreased by -40.2% to 132 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year. As a result, imports reached the peak of 221 tons, and then declined remarkably in the following year.

In value terms, copper; master alloys imports dropped remarkably to $1.3M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 160%. As a result, imports attained the peak of $1.9M, and then declined remarkably in the following year.

Top Suppliers of Copper; Master Alloys to Australia in 2022:

1. China (80.8 tons)
2. Belgium (25.0 tons)
3. South Korea (20.0 tons)
4. United States (5.7 tons)

Copper; Master Alloys Exports in Australia

In 2022, exports of copper; master alloyses from Australia surged to 107 tons, jumping by 3,112% on the previous year. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; master alloys exports skyrocketed to $889K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Master Alloys from Australia in 2022:

1. China (107.3 tons)
2. Indonesia (0.1 tons)

Source: IndexBox Market Intelligence Platform