Price for Copper; Powders of Non-Lamellar Structure in Turkey - 2023

Contents:

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

Price for Copper; Powders of Non-Lamellar Structure in Turkey (CIF) - 2023

The average import price for copper; powders of non-lamellar structures stood at $13,645 per ton in July 2023, with an increase of 4.1% against the previous month. Overall, the import price, however, recorded a mild contraction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 9.9% m-o-m. Over the period under review, average import prices hit record highs at $16,161 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were France ($14,600 per ton) and the UK ($14,201 per ton), while the price for Serbia ($11,014 per ton) and Italy ($13,012 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 China (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Powders of Non-Lamellar Structure in Turkey (FOB) - 2022

In 2022, the average export price for copper; powders of non-lamellar structures amounted to $13,130 per ton, with a decrease of -50.9% against the previous year. Overall, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 458%. As a result, the export price reached the peak level of $26,718 per ton, and then fell dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($25,427 per ton), while the average price for exports to Iraq ($2,913 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 United States (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders of Non-Lamellar Structure in Turkey

After three years of growth, overseas purchases of copper; powders of non-lamellar structures decreased by -5.8% to 364 tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports attained the peak of 387 tons, and then declined in the following year.

In value terms, copper; powders of non-lamellar structure imports reduced to $5.1M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $5.2M, and then fell modestly in the following year.

Top Suppliers of Copper; Powders of Non-Lamellar Structure to Turkey in 2022:

1. Italy (138.6 tons)
2. Serbia (60.1 tons)
3. Australia (60.0 tons)
4. United Kingdom (53.9 tons)
5. France (21.9 tons)
6. China (19.3 tons)
7. Japan (5.8 tons)

Exports of Copper; Powders of Non-Lamellar Structure in Turkey

In 2022, the amount of copper; powders of non-lamellar structures exported from Turkey skyrocketed to 5.3 tons, picking up by 289% against 2021 figures. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 998% against the previous year. As a result, the exports attained the peak of 6.5 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; powders of non-lamellar structure exports soared to $69K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 696%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. United States (2345.0 kg)
2. Germany (1390.0 kg)
3. United Kingdom (505.0 kg)
4. Singapore (180.0 kg)
5. Spain (149.0 kg)
6. Chile (135.0 kg)
7. Iraq (103.0 kg)

Source: IndexBox Market Intelligence Platform