Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China (FOB) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China (CIF) - 2022
3. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China
4. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $393 per ton in 2022, with a decrease of -96.3% against the previous year. Over the period under review, the export price faced a dramatic contraction. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. The export price peaked at $12,572 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the United States ($20,000 per ton), while the average price for exports to Mauritania ($0.3 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 States (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $22,309 per ton in 2022, shrinking by -6.6% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; cast, moulded, stamped or forged, but not further worked increased by +29.8% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of 27%. The import price peaked at $23,876 per ton in 2021, 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 Germany ($33,214 per ton), while the price for Malaysia ($7,553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China

In 2022, after three years of growth, there was significant decline in shipments abroad of copper; cast, moulded, stamped or forged, but not further worked, when their volume decreased by 99.9% to 3.2 tons. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 9.5K tons, and then shrank rapidly in the following year.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked declined markedly to $1.3K in 2022. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of $102M, and then dropped notably in the following year.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from China in 2022:

1. Mauritania (2995.0 kg)
2. Thailand (49.0 kg)
3. Taiwan (Chinese) (16.0 kg)
4. South Korea (14.0 kg)
5. Malaysia (5.0 kg)
6. Germany (4.0 kg)
7. Hong Kong SAR (4.0 kg)
8. Myanmar (3.0 kg)

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in China

Imports of copper; cast, moulded, stamped or forged, but not further worked into China declined to 1.6K tons in 2022, almost unchanged from the previous year's figure. Over the period under review, imports recorded a drastic downturn.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked shrank to $36M in 2022. In general, imports saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17%.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to China in 2022:

1. Japan (438.8 tons)
2. Malaysia (373.9 tons)
3. Germany (217.6 tons)
4. United Kingdom (130.5 tons)
5. Taiwan (Chinese) (113.0 tons)
6. United States (104.7 tons)
7. South Korea (70.7 tons)

Source: IndexBox Market Intelligence Platform