Price for Copper; Powders and Flakes in Belgium - 2023

Contents:

1. Price for Copper; Powders and Flakes in Belgium (FOB) - 2022
2. Price for Copper; Powders and Flakes in Belgium (CIF) - 2022
3. Exports of Copper; Powders and Flakes in Belgium
4. Imports of Copper; Powders and Flakes in Belgium

Price for Copper; Powders and Flakes in Belgium (FOB) - 2022

The average copper; powders and flakes export price stood at $4,036 per ton in 2022, rising by 15% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The export price peaked at $11,839 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($16,173 per ton), while the average price for exports to Germany ($1,412 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 Romania (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Copper; Powders and Flakes in Belgium (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $1,566 per ton, shrinking by -42.9% against the previous year. Overall, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 29%. Over the period under review, average import prices hit record highs at $12,751 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,673 per ton), while the price for Mexico ($1,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-15.6%), while the prices for the other major suppliers experienced a decline.

Exports of Copper; Powders and Flakes in Belgium

In 2022, shipments abroad of copper; powders and flakeses decreased by -16.8% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 134% against the previous year.

In value terms, copper; powders and flakes exports shrank modestly to $7.8M in 2022. The total export value increased at an average annual rate of +6.4% 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 35% against the previous year. As a result, the exports reached the peak of $8.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Copper; Powders and Flakes from Belgium in 2022:

1. Germany (1512.4 tons)
2. Saudi Arabia (101.0 tons)
3. United States (62.5 tons)
4. Romania (52.4 tons)
5. United Arab Emirates (39.4 tons)
6. Indonesia (17.8 tons)
7. Egypt (16.3 tons)
8. Bangladesh (5.1 tons)

Imports of Copper; Powders and Flakes in Belgium

In 2022, imports of copper; powders and flakeses into Belgium surged to 3.4K tons, jumping by 45% against 2021 figures. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 144%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, copper; powders and flakes imports reduced notably to $5.4M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 58%.

Top Suppliers of Copper; Powders and Flakes to Belgium in 2022:

1. Germany (1465.5 tons)
2. United States (1335.1 tons)
3. Netherlands (504.3 tons)
4. Mexico (72.7 tons)

Source: IndexBox Market Intelligence Platform