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

Contents:

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

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

In 2022, the average copper; refined, unwrought, wire-bars import price amounted to $5,371 per ton, dropping by -28.3% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 71%. As a result, import price reached the peak level of $13,534 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,184 per ton), while the price for Spain ($4,226 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average copper; refined, unwrought, wire-bars export price amounted to $71,380 per ton, jumping by 1,346% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($119,159 per ton), while the average price for exports to Spain ($7,323 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 the Czech Republic (-5.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 32 tons of copper; refined, unwrought, wire-barses were imported into France; surging by 89% against the previous year. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, copper; refined, unwrought, wire-bars imports surged to $171K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 140%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

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

1. Spain (24.8 tons)
2. Germany (6.2 tons)
3. Italy (0.5 tons)

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

In 2022, overseas shipments of copper; refined, unwrought, wire-barses decreased by -60.7% to 79 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 306% against the previous year. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; refined, unwrought, wire-bars exports skyrocketed to $5.6K in 2022. Overall, exports continue to indicate a significant contraction.

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

1. Hungary (44.0 kg)
2. Spain (31.0 kg)
3. Luxembourg (3.0 kg)

Source: IndexBox Market Intelligence Platform