New Zealand - Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Price in New Zealand - 2023
Contents:
- Copper Price in New Zealand (CIF) - 2022
- Copper Price in New Zealand (FOB) - 2022
- Copper Imports in New Zealand
- Copper Exports in New Zealand
Copper Price in New Zealand (CIF) - 2022
The average copper import price stood at $14,824 per ton in 2022, dropping by -23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 82%. As a result, import price attained the peak level of $25,463 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($18,765 per ton), while the price for China stood at $10,358 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Price in New Zealand (FOB) - 2022
The average copper export price stood at $61,561 per ton in 2022, declining by -4.5% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 345%. The export price peaked at $64,451 per ton in 2021, and then shrank slightly 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 China ($114,643 per ton), while the average price for exports to Spain ($58,325 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 UK (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.
Copper Imports in New Zealand
In 2022, the amount of copper imported into New Zealand fell sharply to 2.3 tons, which is down by -27.8% compared with 2021 figures. Overall, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of 3.2 tons, and then dropped rapidly in the following year.
In value terms, copper imports declined dramatically to $35K in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 7.5% against the previous year.
| Import of Copper in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.7 | 1.0 | 0.1 | 20.8 | 209.7% |
| China | 1.2 | 3.9 | 8.9 | 12.7 | 119.6% |
| Hong Kong SAR | 15.2 | 13.4 | 14.1 | N/A | -3.7% |
| Japan | 7.6 | 5.9 | 4.7 | N/A | -21.4% |
| Finland | 4.3 | 3.8 | 4.1 | N/A | -2.4% |
| Others | 27.3 | 32.5 | 30.6 | 1.3 | -63.8% |
| Total | 56.2 | 60.5 | 62.5 | 34.8 | -14.8% |
Top Suppliers of Copper to New Zealand in 2022:
- China (1224.0 kg)
- Australia (1109.0 kg)
Copper Exports in New Zealand
In 2022, after two years of decline, there was growth in overseas shipments of copper, when their volume increased by 0.3% to 289 kg. Over the period under review, exports, however, saw a deep contraction.
In value terms, copper exports contracted modestly to $18K in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 286%.
| Export of Copper in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.2 | 13.5 | 15.6 | 15.6 | 69.6% |
| China | 1.0 | 3.0 | 2.3 | 1.6 | 17.0% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.5 | 0.6 | 0.5 | 71.0% |
| Total | 4.4 | 17.0 | 18.6 | 17.8 | 59.3% |
Top Export Markets for Copper from New Zealand in 2022:
- Spain (268.0 kg)
- China (14.0 kg)
- United Kingdom (1.0 kg)
This report provides an in-depth analysis of the copper market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24441200 - Unrefined copper, copper anodes for electrolytic refining (including blister copper) (excluding electrocopper-plating, e lectroplating anodes)
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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