Copper; Master Alloys Price in Spain - 2023

Contents:

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

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

The average copper; master alloys import price stood at $9,365 per ton in 2022, which is down by -5.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $9,957 per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($9,958 per ton) and the United States ($9,796 per ton), while the price for Belgium ($8,601 per ton) and the Netherlands ($8,917 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average copper; master alloys export price amounted to $11,600 per ton, rising by 69% against the previous year. Over the period under review, the export price continues to indicate noticeable growth. 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 France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +7.9% per year.

Copper; Master Alloys Imports in Spain

Copper; master alloys imports into Spain soared to 646 tons in 2022, with an increase of 47% against 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +86.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; master alloys imports soared to $6M in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 80%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (328.9 tons)
2. South Korea (200.0 tons)
3. Germany (72.6 tons)
4. France (26.5 tons)
5. Belgium (11.9 tons)
6. United States (0.2 tons)

Copper; Master Alloys Exports in Spain

In 2022, approx. 1 tons of copper; master alloyses were exported from Spain; which is down by -97.1% compared with the previous year. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 264% against the previous year.

In value terms, copper; master alloys exports shrank markedly to $12K in 2022. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 310%.

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

1. France (1.0 tons)

Source: IndexBox Market Intelligence Platform