Price for Copper; Powders and Flakes in China - 2023

Contents:

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

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

The average copper; powders and flakes import price stood at $14,336 per ton in 2022, jumping by 35% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 72%. The import price peaked at $14,737 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($17,399 per ton), while the price for Japan ($8,341 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 (+3.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average copper; powders and flakes export price amounted to $14,913 per ton, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 29% against the previous year. The export price peaked at $15,142 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($21,031 per ton), while the average price for exports to Vietnam ($7,308 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 Philippines (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in China

In 2022, imports of copper; powders and flakeses into China soared to 19K tons, growing by 222% against 2021 figures. In general, imports saw a notable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 388% against the previous year. As a result, imports reached the peak of 89K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper; powders and flakes imports skyrocketed to $279M in 2022. Overall, imports continue to indicate a significant increase.

Import of Copper; Powders and Flakes in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.610.213.4236190.8%
Japan22.038.630.825.24.6%
United States8.19.012.713.518.6%
South Korea3.78.81.50.8-40.0%
Hong Kong SAR22.266.10.3N/A-88.4%
Thailand1.446.6N/AN/A3228.6%
Malaysia53.23260.7N/A-88.5%
Others8.843.84.53.1-29.4%
Total12954964.027929.3%

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

  1. Malaysia (undefinedK tons)
  2. Thailand (undefinedK tons)
  3. Germany (15.3K tons)
  4. Japan (3.0K tons)
  5. United States (0.8K tons)
  6. South Korea (0.1K tons)

Exports of Copper; Powders and Flakes in China

Copper; powders and flakes exports from China reduced to 3K tons in 2022, dropping by -12.8% compared with 2021. Over the period under review, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 3.4K tons, and then fell in the following year.

In value terms, copper; powders and flakes exports dropped to $44M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, the exports attained the peak of $51M, and then reduced in the following year.

Export of Copper; Powders and Flakes in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand6.77.110.78.68.7%
Taiwan (Chinese)8.85.114.88.1-2.7%
South Korea7.87.58.96.1-7.9%
United KingdomN/A0.91.14.5123.6%
Japan8.23.96.72.9-29.3%
Austria0.10.10.32.7200.0%
Indonesia1.01.12.11.821.6%
Germany0.90.40.51.415.9%
India0.70.50.71.322.9%
PhilippinesN/A0.20.31.1134.5%
Vietnam0.40.80.61.140.1%
Hong Kong SAR0.40.60.60.720.5%
Others2.62.63.54.015.4%
Total37.730.850.944.25.4%

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

  1. Taiwan (Chinese) (589.4 tons)
  2. Thailand (410.2 tons)
  3. United Kingdom (377.6 tons)
  4. South Korea (357.4 tons)
  5. Austria (186.7 tons)
  6. Japan (171.7 tons)
  7. Vietnam (153.3 tons)
  8. Indonesia (128.1 tons)
  9. India (118.5 tons)
  10. Germany (102.8 tons)
  11. Hong Kong SAR (51.3 tons)
  12. Philippines (50.3 tons)

Source: IndexBox Market Intelligence Platform

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