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

Contents:

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

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

The average copper; refined, unwrought, wire-bars import price stood at $11,365 per ton in 2022, shrinking by -60.2% against the previous year. Over the period under review, the import price saw a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 20%. The import price peaked at $196,065 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($46,000 per ton), while the price for Germany amounted to $10,686 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+104.5%), while the prices for the other major suppliers experienced a decline.

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

The average copper; refined, unwrought, wire-bars export price stood at $3,283 per ton in 2022, falling by -67.8% against the previous year. In general, the export price recorded a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 65% against the previous year. The export price peaked at $25,101 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for French Polynesia.

From 2012 to 2022, the rate of growth in terms of prices for Tonga amounted to +12.4% per year.

Imports of Copper; Refined, Unwrought, Wire-Bars in New Zealand

In 2022, the amount of copper; refined, unwrought, wire-barses imported into New Zealand expanded modestly to 52 kg, with an increase of 2% on the year before. Over the period under review, total imports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +29.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, copper; refined, unwrought, wire-bars imports plummeted to $591 in 2022. In general, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of $1.5K, and then fell dramatically in the following year.

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

1. Germany (51.0 kg)
2. Denmark (1.0 kg)

Exports of Copper; Refined, Unwrought, Wire-Bars in New Zealand

In 2022, approx. 212 kg of copper; refined, unwrought, wire-barses were exported from New Zealand; growing by 351% on the year before. In general, exports posted significant 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 skyrocketed to $696 in 2022. Over the period under review, exports continue to indicate a significant increase. 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 New Zealand in 2022:

1. French Polynesia (212.0 kg)

Source: IndexBox Market Intelligence Platform