Price for Copper; Refined and Copper Alloys, Unwrought in Croatia - 2023

Contents:

1. Price for Copper; Refined and Copper Alloys, Unwrought in Croatia (CIF) - 2023
2. Price for Copper; Refined and Copper Alloys, Unwrought in Croatia (FOB) - 2022
3. Imports of Copper; Refined and Copper Alloys, Unwrought in Croatia
4. Exports of Copper; Refined and Copper Alloys, Unwrought in Croatia

Price for Copper; Refined and Copper Alloys, Unwrought in Croatia (CIF) - 2023

The average import price for copper; refined and copper alloys, unwroughts stood at $9,085 per ton in December 2023, approximately equating the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 8% m-o-m. Over the period under review, average import prices hit record highs at $9,476 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($10,432 per ton), while the price for Bulgaria stood at $9,016 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.5%).

Price for Copper; Refined and Copper Alloys, Unwrought in Croatia (FOB) - 2022

The average export price for copper; refined and copper alloys, unwroughts stood at $8,946 per ton in 2022, shrinking by -41.9% against the previous year. In general, the export price, however, saw a moderate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 183%. The export price peaked at $22,053 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Austria ($91,405 per ton), while the average price for exports to Slovenia ($4,252 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 Austria (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Refined and Copper Alloys, Unwrought in Croatia

For the fourth consecutive year, Croatia recorded growth in supplies from abroad of copper; refined and copper alloys, unwroughts, which increased by 1% to 12K tons in 2022. The total import volume increased at an average annual rate of +4.2% over the period 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 2021 with an increase of 12%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of copper; refined and copper alloys, unwroughts contracted slightly to $113M in 2022. Over the period under review, imports showed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $117M, and then dropped in the following year.

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Croatia in 2022:

1. Bulgaria (12.1K tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in Croatia

In 2022, exports of copper; refined and copper alloys, unwroughts from Croatia skyrocketed to 16 tons, jumping by 144% on 2021. Over the period under review, exports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 178% against the previous year. As a result, the exports reached the peak of 48 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; refined and copper alloys, unwroughts skyrocketed to $144K in 2022. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 286%. As a result, the exports attained the peak of $386K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Croatia in 2022:

1. Slovenia (13.3 tons)
2. Bosnia and Herzegovina (1.1 tons)
3. Turkey (0.8 tons)
4. Austria (0.6 tons)

Source: IndexBox Market Intelligence Platform