Price for Copper; Powders and Flakes in Norway - 2023

Contents:

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

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

In 2022, the average copper; powders and flakes import price amounted to $9,856 per ton, rising by 3.5% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +62.0% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($49,156 per ton), while the price for the UK ($8,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average copper; powders and flakes export price amounted to $17,802 per ton, dropping by -3.9% against the previous year. In general, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 219%. Over the period under review, the average export prices reached the peak figure at $18,523 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($35,000 per ton), while the average price for exports to Malaysia ($16,580 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 (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Norway

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; powders and flakeses, when their volume decreased by -19.5% to 358 tons. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 445 tons, and then shrank remarkably in the following year.

In value terms, copper; powders and flakes imports reduced markedly to $3.5M in 2022. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of $4.2M, and then shrank notably in the following year.

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

1. United Kingdom (301.3 tons)
2. Italy (48.4 tons)
3. China (5.6 tons)

Exports of Copper; Powders and Flakes in Norway

In 2022, shipments abroad of copper; powders and flakeses decreased by -36.2% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 366%.

In value terms, copper; powders and flakes exports dropped dramatically to $20K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 343% against the previous year. As a result, the exports attained the peak of $32K, and then plummeted in the following year.

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

1. Malaysia (541.0 kg)
2. Sweden (30.0 kg)
3. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform