Price for Copper; Powders and Flakes in Brazil - 2023

Contents:

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

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

The average copper; powders and flakes import price stood at $15,933 per ton in 2022, therefore, remained relatively stable against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; powders and flakes import price increased by +32.4% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 ($41,864 per ton), while the price for Spain ($9,957 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average copper; powders and flakes export price amounted to $11,306 per ton, increasing by 15% against the previous year. In general, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 58%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($13,971 per ton), while the average price for exports to Germany ($853 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 Netherlands (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Brazil

In 2022, after three years of growth, there was significant decline in overseas purchases of copper; powders and flakeses, when their volume decreased by -16.3% to 222 tons. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of 265 tons, and then declined sharply in the following year.

In value terms, copper; powders and flakes imports fell notably to $3.5M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. As a result, imports attained the peak of $4.2M, and then fell significantly in the following year.

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

1. United Kingdom (66.5 tons)
2. United States (65.2 tons)
3. Germany (34.2 tons)
4. Italy (23.6 tons)
5. Russia (13.0 tons)
6. Japan (8.6 tons)
7. Spain (8.0 tons)

Exports of Copper; Powders and Flakes in Brazil

In 2022, approx. 185 tons of copper; powders and flakeses were exported from Brazil; declining by -22.6% compared with 2021. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year.

In value terms, copper; powders and flakes exports declined to $2.1M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports attained the peak of $2.4M, and then reduced in the following year.

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

1. Pakistan (19.3 tons)
2. Germany (18.6 tons)
3. Argentina (18.0 tons)
4. Philippines (16.6 tons)
5. Thailand (14.2 tons)
6. China (14.0 tons)
7. Netherlands (13.5 tons)
8. United Arab Emirates (10.8 tons)
9. Turkey (9.0 tons)
10. Indonesia (8.7 tons)
11. Colombia (6.3 tons)
12. Sudan (6.0 tons)
13. Jordan (3.3 tons)

Source: IndexBox Market Intelligence Platform