Price for Copper; Powders and Flakes in Italy - 2023

Price for Copper; Powders and Flakes in Italy (FOB) - 2023

The average copper; powders and flakes export price stood at $8,753 per ton in July 2023, picking up by 4.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average export price increased by 34% month-to-month. The export price peaked at $10,581 per ton in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($13,708 per ton), while the average price for exports to Belgium ($551 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 Bosnia and Herzegovina (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Italy (CIF) - 2023

In July 2023, the average copper; powders and flakes import price amounted to $11,060 per ton, approximately reflecting the previous month. In general, the import price showed a mild curtailment. The pace of growth appeared the most rapid in April 2023 an increase of 14% month-to-month. As a result, import price reached the peak level of $13,538 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Germany ($11,266 per ton) and the UK ($11,164 per ton), while the price for Serbia ($10,138 per ton) and Russia ($10,546 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 Russia (-0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Copper; Powders and Flakes in Italy

Copper; powders and flakes exports from Italy expanded significantly to 6.4K tons in 2022, surging by 8.8% against the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, copper; powders and flakes exports stood at $60M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +75.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Copper; Powders and Flakes in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	12.1	9.5	14.9	14.2	5.5%
Austria	4.1	3.0	5.0	8.8	29.0%
Spain	3.9	3.5	7.2	8.5	29.7%
Sweden	3.4	2.9	6.2	5.0	13.7%
United States	3.6	2.2	2.8	3.0	-5.9%
Turkey	1.5	1.6	3.0	2.6	20.1%
India	1.4	1.6	4.2	2.6	22.9%
Czech Republic	2.1	1.6	2.7	2.4	4.6%
South Korea	2.1	1.6	2.5	2.4	4.6%
Norway	N/A	N/A	0.8	1.5	87.5%
Thailand	0.7	0.5	0.9	1.3	22.9%
Romania	1.8	1.1	1.4	0.8	-23.7%
United Kingdom	0.9	0.6	0.9	0.8	-3.9%
Others	4.9	4.8	7.1	6.5	9.9%
Total	42.6	34.4	59.6	60.4	12.3%

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

Germany (1841.0 tons)
Austria (1067.3 tons)
Spain (823.6 tons)
Sweden (508.7 tons)
Czech Republic (425.2 tons)
United States (237.9 tons)
India (206.5 tons)
Turkey (203.8 tons)
South Korea (184.9 tons)
Norway (149.4 tons)
Thailand (100.0 tons)
Romania (73.0 tons)
United Kingdom (63.4 tons)

Imports of Copper; Powders and Flakes in Italy

In 2022, imports of copper; powders and flakeses into Italy totaled 4.3K tons, surging by 8% on 2021. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, copper; powders and flakes imports expanded markedly to $51M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +91.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 74%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Copper; Powders and Flakes in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	13.3	9.9	19.2	21.8	17.9%
Serbia	10.6	10.7	14.8	16.0	14.7%
United Kingdom	5.1	2.3	6.7	6.6	9.0%
France	2.4	1.6	2.6	3.3	11.2%
Russia	N/A	N/A	N/A	1.7	0%
Spain	0.3	0.3	0.3	0.7	32.6%
Bulgaria	N/A	0.9	2.1	N/A	133.3%
Others	1.5	1.0	0.8	1.1	-9.8%
Total	33.3	26.7	46.5	51.1	15.3%