Copper; Master Alloys Price in Hungary - 2023

Contents:

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

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

The average copper; master alloys import price stood at $11,018 per ton in 2022, picking up by 4.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum at $11,615 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($11,364 per ton), while the price for Spain amounted to $6,842 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.1%).

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

In 2022, the average copper; master alloys export price amounted to $12,229 per ton, with an increase of 22% against the previous year. Over the period under review, the export price showed a measured expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Switzerland amounted to +10.4% per year.

Copper; Master Alloys Imports in Hungary

In 2022, approx. 34 tons of copper; master alloyses were imported into Hungary; with a decrease of -47.1% on the year before. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of 64 tons, and then shrank remarkably in the following year.

In value terms, copper; master alloys imports dropped markedly to $370K in 2022. Overall, imports, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. As a result, imports attained the peak of $671K, and then declined remarkably in the following year.

Import of Copper; Master Alloys in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3272776703492.2%
SpainN/AN/AN/A19.50%
Others2.32.91.42.0-4.6%
Total3292806713704.0%

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

  1. Belgium (30.7 tons)
  2. Spain (2.9 tons)

Copper; Master Alloys Exports in Hungary

In 2022, after two years of decline, there was significant growth in shipments abroad of copper; master alloyses, when their volume increased by 66% to 1.1 tons. In general, exports, however, faced a precipitous setback.

In value terms, copper; master alloys exports soared to $13K in 2022. Over the period under review, exports, however, recorded a sharp descent.

Export of Copper; Master Alloys in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland40.113.66.613.3-30.8%
OthersN/AN/AN/AN/A0%
Total40.113.66.613.3-30.8%

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

  1. Switzerland (1.1 tons)

Source: IndexBox Market Intelligence Platform

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