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

Contents:

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

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

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $6,751 per ton, increasing by 39% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 246% against the previous year. The import price peaked at $20,743 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Japan ($22,560 per ton), while the price for Taiwan (Chinese) ($1,109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $17,692 per ton, growing by 7.8% against the previous year. In general, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 331%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($86,750 per ton), while the average price for exports to Australia ($7,605 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 China (+45.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of copper; cast, moulded, stamped or forged, but not further worked into Indonesia declined sharply to 35 tons in 2022, which is down by -84.7% compared with the previous year's figure. Overall, imports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 68%.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked plummeted to $236K in 2022. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year.

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

1. Singapore (17.3 tons)
2. China (9.7 tons)
3. Malaysia (3.6 tons)
4. Taiwan (Chinese) (1.6 tons)
5. India (0.6 tons)
6. United States (0.5 tons)

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

In 2022, approx. 4.6 tons of copper; cast, moulded, stamped or forged, but not further worked were exported from Indonesia; falling by -73% compared with the previous year's figure. Over the period under review, exports continue to indicate a sharp decrease. The smallest decline of -46.7% was in 2021.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked contracted significantly to $82K in 2022. In general, exports showed a sharp slump. The smallest decline of -45.5% was in 2021.

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

1. United States (2125.0 kg)
2. Canada (1927.0 kg)
3. Australia (271.0 kg)
4. Singapore (265.0 kg)

Source: IndexBox Market Intelligence Platform