Price for Copper Plates, Sheets and Strip in Denmark - 2023

Contents:

  1. Price for Copper Plates, Sheets and Strip in Denmark (CIF) - 2022
  2. Price for Copper Plates, Sheets and Strip in Denmark (FOB) - 2022
  3. Imports of Copper Plates, Sheets and Strip in Denmark
  4. Exports of Copper Plates, Sheets and Strip in Denmark

Price for Copper Plates, Sheets and Strip in Denmark (CIF) - 2022

In 2022, the average import price for copper plates, sheets and strips amounted to $11,640 per ton, with an increase of 6.8% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip import price increased by +54.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Poland ($17,585 per ton), while the price for Italy ($10,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Denmark (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $14,294 per ton in 2022, growing by 9.4% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip export price increased by +70.0% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($19,219 per ton), while the average price for exports to Hungary ($6,395 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 Germany (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Denmark

In 2022, imports of copper plates, sheets and strips into Denmark soared to 4.2K tons, surging by 21% against the previous year. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper plates, sheets and strip imports surged to $48M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper Plates, Sheets and Strip in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.315.322.624.216.5%
Italy3.33.56.19.642.8%
Finland2.33.03.84.525.1%
Turkey0.30.20.42.5102.7%
Poland0.91.22.32.234.7%
Netherlands1.60.80.51.72.0%
China0.10.10.21.0115.4%
Others2.21.31.42.65.7%
Total25.925.537.448.423.2%

Top Suppliers of Copper Plates, Sheets and Strip to Denmark in 2022:

  1. Germany (2028.4 tons)
  2. Italy (943.0 tons)
  3. Finland (392.7 tons)
  4. Turkey (214.2 tons)
  5. Netherlands (142.2 tons)
  6. Poland (127.5 tons)
  7. China (87.6 tons)

Exports of Copper Plates, Sheets and Strip in Denmark

In 2022, after three years of growth, there was decline in shipments abroad of copper plates, sheets and strips, when their volume decreased by -4.3% to 1.7K tons. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year.

In value terms, copper plates, sheets and strip exports totaled $24M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Copper Plates, Sheets and Strip in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.81.52.06.9105.1%
Sweden6.99.712.05.0-10.2%
Norway1.52.13.42.010.1%
Poland0.30.71.81.571.0%
SloveniaN/AN/AN/A1.20%
Finland0.20.30.20.858.7%
HungaryN/AN/A0.10.5400.0%
Others1.01.83.05.778.6%
Total10.916.122.523.629.4%

Top Export Markets for Copper Plates, Sheets and Strip from Denmark in 2022:

  1. Sweden (452.8 tons)
  2. Germany (360.1 tons)
  3. Norway (172.1 tons)
  4. Poland (101.9 tons)
  5. Slovenia (93.1 tons)
  6. Finland (78.3 tons)
  7. Hungary (74.9 tons)

Source: IndexBox Market Intelligence Platform

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