Price for Copper; Refined, Unwrought, Billets in the Czech Republic - 2023

Price for Copper; Refined, Unwrought, Billets in the Czech Republic (CIF) - 2022

In 2022, the average copper; refined, unwrought, billets import price amounted to $10,071 per ton, which is down by -5.1% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 62%. As a result, import price attained the peak level of $51,029 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.2% per year.

Imports of Copper; Refined, Unwrought, Billets in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas purchases of copper; refined, unwrought, billetses, which increased by 16% to 203 tons in 2022. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; refined, unwrought, billets imports rose remarkably to $2M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.