Price for Copper; Powders and Flakes in Sweden - 2023

Contents:

1. Price for Copper; Powders and Flakes in Sweden (CIF) - 2023
2. Price for Copper; Powders and Flakes in Sweden (FOB) - 2023
3. Imports of Copper; Powders and Flakes in Sweden
4. Exports of Copper; Powders and Flakes in Sweden

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

In July 2023, the average copper; powders and flakes import price amounted to $11,257 per ton, reducing by -2.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 42% m-o-m. As a result, import price reached the peak level of $17,402 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($22,102 per ton), while the price for Italy ($10,841 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In July 2023, the average copper; powders and flakes export price amounted to $12,033 per ton, growing by 6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 20% month-to-month. As a result, the export price attained the peak level of $13,390 per ton. From December 2022 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Japan ($110K per ton), while the average price for exports to South Korea ($11,339 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 Japan (+25.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Powders and Flakes in Sweden

Copper; powders and flakes imports into Sweden contracted to 1.2K tons in 2022, reducing by -5.6% against 2021 figures. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year.

In value terms, copper; powders and flakes imports dropped slightly to $15M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $15M, and then contracted modestly in the following year.

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

1. United Kingdom (657.7 tons)
2. Italy (487.6 tons)
3. Germany (23.2 tons)

Exports of Copper; Powders and Flakes in Sweden

After three years of growth, shipments abroad of copper; powders and flakeses decreased by -46.5% to 235 tons in 2022. Overall, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of 440 tons, and then shrank rapidly in the following year.

In value terms, copper; powders and flakes exports reduced dramatically to $2.9M in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 67%. As a result, the exports attained the peak of $4.6M, and then reduced rapidly in the following year.

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

1. South Korea (96.9 tons)
2. Japan (92.9 tons)
3. Germany (23.7 tons)
4. Brazil (19.0 tons)
5. Denmark (0.2 tons)
6. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform