Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel - 2024

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel (CIF) - 2024
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel (CIF) - 2024

In January 2024, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,141 per ton, remaining constant against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by less than 0.1% against the previous month. The import price peaked at $11,511 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($11,141 per ton), while the price for the UK ($11,141 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel (FOB) - 2022

The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $9,320 per ton in 2022, picking up by 326% against the previous year. In general, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 427% against the previous year. As a result, the export price attained the peak level of $39,708 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($11,457 per ton), while the average price for exports to Hungary ($2,348 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 Palestine (+0.6%).

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel

In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses imported into Israel skyrocketed to 357 tons, jumping by 34% compared with 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $4.1M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Israel in 2022:

1. Germany (295.9 tons)
2. Turkey (50.5 tons)
3. India (10.3 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Israel

After two years of decline, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -62.5% to 294 kg in 2022. Over the period under review, exports showed a dramatic contraction.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses skyrocketed to $2.7K in 2022. Overall, exports saw a sharp slump.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Israel in 2022:

1. Palestine (219.0 kg)
2. Hungary (66.0 kg)
3. Spain (9.0 kg)

Source: IndexBox Market Intelligence Platform