Price for Copper; Powders of Non-Lamellar Structure in Hong Kong SAR - 2023

Contents:

1. Price for Copper; Powders of Non-Lamellar Structure in Hong Kong SAR (FOB) - 2023
2. Price for Copper; Powders of Non-Lamellar Structure in Hong Kong SAR (CIF) - 2022
3. Exports of Copper; Powders of Non-Lamellar Structure in Hong Kong SAR
4. Imports of Copper; Powders of Non-Lamellar Structure in Hong Kong SAR

Price for Copper; Powders of Non-Lamellar Structure in Hong Kong SAR (FOB) - 2023

In June 2023, the average export price for copper; powders of non-lamellar structures amounted to $34,747 per ton, growing by 3.8% against the previous month. Over the period under review, the export price recorded temperate growth. The most prominent rate of growth was recorded in November 2022 an increase of 492% month-to-month. The export price peaked at $74,426 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +4.9% per month.

Price for Copper; Powders of Non-Lamellar Structure in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for copper; powders of non-lamellar structures amounted to $23,929 per ton, growing by 76% against the previous year. In general, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($76,112 per ton), while the price for Germany ($12,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Powders of Non-Lamellar Structure in Hong Kong SAR

In 2022, shipments abroad of copper; powders of non-lamellar structures decreased by -64.6% to 222 tons, falling for the second consecutive year after two years of growth. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of 3.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper; powders of non-lamellar structure exports contracted notably to $4.7M in 2022. Overall, exports showed a dramatic setback. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports attained the peak of $48M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Copper; Powders of Non-Lamellar Structure from Hong Kong SAR in 2022:

1. China (201.8 tons)
2. Malaysia (20.0 tons)

Imports of Copper; Powders of Non-Lamellar Structure in Hong Kong SAR

In 2022, purchases abroad of copper; powders of non-lamellar structures decreased by -66.4% to 172 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, imports reached the peak of 539 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, copper; powders of non-lamellar structure imports contracted notably to $4.1M in 2022. In general, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 51%.

Top Suppliers of Copper; Powders of Non-Lamellar Structure to Hong Kong SAR in 2022:

1. United States (113.9 tons)
2. China (24.7 tons)
3. Japan (18.1 tons)
4. Germany (14.4 tons)

Source: IndexBox Market Intelligence Platform