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

Contents:

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

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

In 2022, the average copper; refined, unwrought, wire-bars import price amounted to $9,630 per ton, shrinking by -2.2% against the previous year. Over the period under review, the import price showed a slight reduction. The growth pace was the most rapid in 2021 when the average import price increased by 159% against the previous year. The import price peaked at $10,912 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,534 per ton), while the price for the Netherlands stood at $9,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced a decline.

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

The average copper; refined, unwrought, wire-bars export price stood at $9,054 per ton in 2022, growing by 18% against the previous year. Overall, the export price enjoyed a perceptible increase. The pace of growth was the most pronounced in 2014 an increase of 152% against the previous year. The export price peaked at $24,343 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($105,154 per ton), while the average price for exports to India ($8,439 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 Switzerland (+31.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of copper; refined, unwrought, wire-barses imported into Germany surged to 53 tons, growing by 82% compared with 2021. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 2,277%. As a result, imports reached the peak of 64 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper; refined, unwrought, wire-bars imports soared to $506K in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,004% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Netherlands (49.9 tons)
2. United States (2.5 tons)

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

In 2022, exports of copper; refined, unwrought, wire-barses from Germany skyrocketed to 9.4 tons, jumping by 323% on the year before. In general, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; refined, unwrought, wire-bars exports surged to $86K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (7.0 tons)
2. France (2.1 tons)
3. India (0.2 tons)

Source: IndexBox Market Intelligence Platform