Price for Copper; Refined and Copper Alloys, Unwrought in Austria - 2023
Contents:
- Price for Copper; Refined and Copper Alloys, Unwrought in Austria (FOB) - 2023
- Price for Copper; Refined and Copper Alloys, Unwrought in Austria (CIF) - 2023
- Exports of Copper; Refined and Copper Alloys, Unwrought in Austria
- Imports of Copper; Refined and Copper Alloys, Unwrought in Austria
Price for Copper; Refined and Copper Alloys, Unwrought in Austria (FOB) - 2023
In December 2023, the average export price for copper; refined and copper alloys, unwroughts amounted to $9,005 per ton, standing approximately at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 10% m-o-m. The export price peaked at $9,600 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In December 2023, the highest price was recorded for prices to the Czech Republic ($9,652 per ton) and Croatia ($9,170 per ton), while the average price for exports to Italy ($8,792 per ton) and Germany ($9,017 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Refined and Copper Alloys, Unwrought in Austria (CIF) - 2023
In December 2023, the average import price for copper; refined and copper alloys, unwroughts amounted to $10,476 per ton, with an increase of 1.6% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in November 2023 an increase of 38% month-to-month. The import price peaked in December 2023.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($10,512 per ton), while the price for Poland stood at $8,500 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Refined and Copper Alloys, Unwrought in Austria
In 2022, overseas shipments of copper; refined and copper alloys, unwroughts decreased by -17.4% to 111K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, the exports attained the peak of 182K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; refined and copper alloys, unwroughts fell rapidly to $994M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $1.2B, and then reduced sharply in the following year.
| Export of Copper; Refined and Copper Alloys, Unwrought in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 101 | 195 | 315 | 408 | 59.3% |
| France | 206 | 173 | 301 | 273 | 9.8% |
| Italy | 429 | 446 | 425 | 228 | -19.0% |
| Poland | 0.8 | 39.2 | 50.0 | 1.2 | 14.5% |
| Bulgaria | 17.8 | 46.6 | 4.8 | 0.7 | -66.0% |
| Others | 38.1 | 41.5 | 74.0 | 83.4 | 29.8% |
| Total | 792 | 942 | 1,170 | 994 | 7.9% |
Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Austria in 2022:
- Germany (45.0K tons)
- France (30.8K tons)
- Italy (25.8K tons)
- Poland (0.1K tons)
- Bulgaria (0.1K tons)
Imports of Copper; Refined and Copper Alloys, Unwrought in Austria
After three years of growth, purchases abroad of copper; refined and copper alloys, unwroughts decreased by -8.9% to 54K tons in 2022. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year.
In value terms, imports of copper; refined and copper alloys, unwroughts reduced to $494M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of $532M, and then contracted in the following year.
| Import of Copper; Refined and Copper Alloys, Unwrought in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 184 | 215 | 423 | 388 | 28.2% |
| Netherlands | 3.0 | 2.4 | 5.4 | 73.7 | 190.7% |
| Belgium | 1.0 | 12.3 | 5.7 | 10.7 | 120.4% |
| Italy | 46.1 | 33.1 | 60.5 | 7.5 | -45.4% |
| Poland | 5.8 | 6.0 | 14.1 | 6.9 | 6.0% |
| Others | 21.9 | 35.5 | 22.8 | 7.3 | -30.7% |
| Total | 262 | 304 | 532 | 494 | 23.5% |
Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Austria in 2022:
- Germany (42.4K tons)
- Netherlands (7.7K tons)
- Belgium (1.2K tons)
- Italy (0.8K tons)
- Poland (0.8K tons)
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