Copper; Master Alloys Price in Portugal - 2023

Contents:

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

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

In 2022, the average copper; master alloys import price amounted to $13,095 per ton, declining by -8.3% against the previous year. Overall, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $14,282 per ton, and then fell in the following year.

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 Italy ($74,000 per ton), while the price for Brazil ($10,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average copper; master alloys export price stood at $8,300 per ton in 2022, growing by 36% against the previous year. Over the period under review, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($8,571 per ton), while the average price for exports to Angola totaled $8,280 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Copper; Master Alloys Imports in Portugal

In 2022, overseas purchases of copper; master alloyses were finally on the rise to reach 9.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a drastic downturn.

In value terms, copper; master alloys imports skyrocketed to $128K in 2022. Overall, imports saw a mild expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (undefined tons)
2. Germany (4.3 tons)
3. Netherlands (3.4 tons)
4. Brazil (2.0 tons)

Copper; Master Alloys Exports in Portugal

In 2022, the amount of copper; master alloyses exported from Portugal skyrocketed to 627 kg, with an increase of 553% compared with 2021. Overall, exports, however, recorded a precipitous curtailment.

In value terms, copper; master alloys exports surged to $5.2K in 2022. In general, exports, however, saw a significant decline.

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

1. Angola (585.0 kg)
2. Spain (42.0 kg)

Source: IndexBox Market Intelligence Platform