Price for Copper; Refined, Unwrought, Wire-Bars in Belgium - 2023

Contents:

1. Price for Copper; Refined, Unwrought, Wire-Bars in Belgium (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Wire-Bars in Belgium (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Wire-Bars in Belgium
4. Imports of Copper; Refined, Unwrought, Wire-Bars in Belgium

Price for Copper; Refined, Unwrought, Wire-Bars in Belgium (FOB) - 2022

In 2022, the average copper; refined, unwrought, wire-bars export price amounted to $7,347 per ton, with an increase of 24% against the previous year. Overall, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2017 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $8,140 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($8,307 per ton), while the average price for exports to France ($2,180 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 Germany (+0.2%).

Price for Copper; Refined, Unwrought, Wire-Bars in Belgium (CIF) - 2022

The average copper; refined, unwrought, wire-bars import price stood at $9,853 per ton in 2022, declining by -35.7% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when the average import price increased by 151% against the previous year. The import price peaked at $15,313 per ton in 2021, and then shrank dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +30.4% per year.

Exports of Copper; Refined, Unwrought, Wire-Bars in Belgium

For the third year in a row, Belgium recorded growth in shipments abroad of copper; refined, unwrought, wire-barses, which increased by 100,378% to 1.9K tons in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; refined, unwrought, wire-bars exports soared to $14M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from Belgium in 2022:

1. Finland (854.0 tons)
2. Germany (766.5 tons)
3. France (239.1 tons)
4. Greece (52.2 tons)

Imports of Copper; Refined, Unwrought, Wire-Bars in Belgium

In 2022, purchases abroad of copper; refined, unwrought, wire-barses increased by 5,724% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; refined, unwrought, wire-bars imports surged to $165K in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Belgium in 2022:

1. Finland (16.8 tons)

Source: IndexBox Market Intelligence Platform