Copper; Master Alloys Price in Thailand - 2023

Contents:

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

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

The average copper; master alloys import price stood at $27,977 per ton in 2022, waning by -17.2% against the previous year. Over the period under review, the import price, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 an increase of 60% against the previous year. As a result, import price attained the peak level of $33,794 per ton, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($142,769 per ton), while the price for Japan ($8,210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average copper; master alloys export price stood at $19,958 per ton in 2022, reducing by -38.7% against the previous year. In general, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 228%. The export price peaked at $32,585 per ton in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($35,753 per ton), while the average price for exports to Cambodia ($3,968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Imports in Thailand

In 2022, imports of copper; master alloyses into Thailand dropped to 214 tons, which is down by -11.1% against the year before. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year.

In value terms, copper; master alloys imports plummeted to $6M in 2022. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of $8.1M, and then shrank remarkably in the following year.

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

1. South Korea (88.0 tons)
2. Japan (75.9 tons)
3. Italy (17.2 tons)
4. Belgium (4.9 tons)
5. United States (1.4 tons)

Copper; Master Alloys Exports in Thailand

Copper; master alloys exports from Thailand surged to 4.6 tons in 2022, with an increase of 174% compared with 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 270%. As a result, the exports reached the peak of 7.9 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper; master alloys exports surged to $92K in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year. As a result, the exports reached the peak of $130K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Indonesia (1420.0 kg)
2. China (1133.0 kg)
3. Cambodia (819.0 kg)
4. Hong Kong SAR (409.0 kg)
5. Singapore (400.0 kg)
6. Myanmar (333.0 kg)
7. Vietnam (99.0 kg)

Source: IndexBox Market Intelligence Platform