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

Price for Copper Plates, Sheets and Strip in Slovakia (CIF) - 2023

In July 2023, the average import price for copper plates, sheets and strips amounted to $12,602 per ton, growing by 4.4% against the previous month. Over the period under review, import price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, copper plates, sheets and strip import price decreased by -6.5% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 269% month-to-month. As a result, import price attained the peak level of $18,813 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Bulgaria ($14,065 per ton) and Germany ($13,350 per ton), while the price for France ($9,680 per ton) and the Netherlands ($9,912 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Slovakia (FOB) - 2023

The average export price for copper plates, sheets and strips stood at $14,350 per ton in July 2023, growing by 14% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($45,895 per ton), while the average price for exports to Hungary ($9,078 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Slovakia

In 2022, copper plates, sheets and strip imports into Slovakia soared to 5K tons, rising by 18% on the previous year. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, copper plates, sheets and strip imports rose significantly to $46M in 2022. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Copper Plates, Sheets and Strip in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.6	8.0	6.6	15.1	20.6%
Finland	6.1	5.8	9.9	9.7	16.7%
Italy	1.2	0.7	2.3	4.7	57.6%
France	2.8	3.3	5.2	4.3	15.4%
Poland	3.5	2.2	5.5	3.8	2.8%
Netherlands	2.2	1.6	3.5	2.3	1.5%
Bulgaria	0.2	0.6	0.9	1.3	86.6%
Serbia	0.5	0.5	0.7	0.7	11.9%
Czech Republic	0.6	0.9	3.6	0.6	0.0%
Others	1.7	1.4	2.2	3.6	28.4%
Total	27.3	25.1	40.6	46.2	19.2%

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

Germany (1642.0 tons)
Finland (988.2 tons)
France (691.7 tons)
Italy (430.1 tons)
Poland (350.3 tons)
Netherlands (268.2 tons)
Bulgaria (131.6 tons)
Serbia (72.7 tons)
Czech Republic (72.4 tons)

Exports of Copper Plates, Sheets and Strip in Slovakia

In 2022, shipments abroad of copper plates, sheets and strips decreased by -1.1% to 1.3K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, copper plates, sheets and strip exports rose notably to $14M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Copper Plates, Sheets and Strip in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	3.2	3.6	5.1	5.4	19.1%
Czech Republic	3.3	2.7	4.1	4.6	11.7%
Turkey	0.3	1.3	0.8	1.3	63.0%
Hungary	1.5	1.3	1.6	0.8	-18.9%
Finland	0.1	0.1	0.1	0.6	81.7%
Germany	0.2	0.5	0.8	0.6	44.2%
Slovenia	1.0	0.9	0.6	0.5	-20.6%
Austria	0.2	0.3	0.4	0.5	35.7%
Others	0.4	0.3	0.3	0.2	-20.6%
Total	10.1	10.9	13.7	14.5	12.8%