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

Contents:

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

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

In December 2023, the average import price for copper; refined and copper alloys, unwroughts amounted to $8,758 per ton, increasing by 19% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in February 2023 an increase of 37% m-o-m. Over the period under review, average import prices reached the peak figure at $8,822 per ton in September 2023; afterwards, it flattened through to December 2023.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Serbia ($8,802 per ton), while the price for Germany totaled $6,337 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.0%).

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

The average export price for copper; refined and copper alloys, unwroughts stood at $7,432 per ton in 2022, rising by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 38%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($27,141 per ton), while the average price for exports to Poland ($4,490 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 (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1.6K tons of copper; refined and copper alloys, unwroughts were imported into Slovenia; with an increase of 11% against 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +70.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of copper; refined and copper alloys, unwroughts expanded sharply to $11M in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Germany (1306.1 tons)
2. Slovakia (96.1 tons)
3. Italy (42.1 tons)
4. Czech Republic (37.0 tons)
5. Spain (35.2 tons)
6. Belgium (31.9 tons)
7. Croatia (13.7 tons)

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

In 2022, the amount of copper; refined and copper alloys, unwroughts exported from Slovenia skyrocketed to 373 tons, rising by 63% on 2021 figures. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 77%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of copper; refined and copper alloys, unwroughts surged to $2.8M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Italy (197.8 tons)
2. Germany (109.4 tons)
3. Croatia (44.5 tons)
4. Poland (11.8 tons)
5. Austria (2.5 tons)

Source: IndexBox Market Intelligence Platform