Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (FOB) - 2022
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (CIF) - 2022
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (FOB) - 2022
In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $12,463 per ton, increasing by 5.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 46%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($19,220 per ton), while the average price for exports to Oman ($11,439 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 the United States (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,548 per ton in 2022, with an increase of 4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 75% against the previous year. Over the period under review, average import prices reached the maximum at $13,499 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($11,579 per ton) and Belgium ($11,524 per ton), while the price for Poland ($8,200 per ton) and France ($11,510 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg
In 2022, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by 11% to 69 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep reduction.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $862K in 2022. Overall, exports, however, saw a abrupt curtailment.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 434 | 716 | 427 | 519 | 6.1% |
| Austria | 124 | 106 | 191 | 177 | 12.6% |
| Oman | N/A | N/A | N/A | 73.0 | 0% |
| Canada | 78.7 | 39.5 | 15.6 | 53.1 | -12.3% |
| Belgium | N/A | N/A | N/A | 25.6 | 0% |
| Taiwan (Chinese) | 10.0 | 30.7 | 87.3 | 6.2 | -14.7% |
| France | 323 | N/A | 10.1 | 3.8 | -77.3% |
| United States | 280 | 52.4 | N/A | N/A | -81.3% |
| Others | 82.4 | 0.5 | 3.1 | 4.4 | -62.3% |
| Total | 1,333 | 945 | 734 | 862 | -13.5% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Luxembourg in 2022:
- China (44.5 tons)
- Austria (11.7 tons)
- Oman (6.4 tons)
- Canada (3.3 tons)
- Belgium (2.2 tons)
- Taiwan (Chinese) (0.4 tons)
- France (0.2 tons)
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg
In 2022, approx. 16 tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Luxembourg; increasing by 42% against 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 26,485%. Imports peaked in 2022 and are likely to see gradual 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 $179K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 46,457%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.8 | 0.1 | 4.2 | 90.9 | 58.6% |
| Belgium | N/A | N/A | 53.0 | 68.5 | 29.2% |
| France | N/A | 0.1 | 0.1 | 19.7 | 1303.6% |
| China | 17.8 | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | 53.0 | N/A | 0% |
| Italy | N/A | N/A | 10.7 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 40.7 | 0.3 | 121 | 179 | 63.8% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Luxembourg in 2022:
- Germany (7.8 tons)
- Belgium (5.9 tons)
- France (1.7 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Luxembourg.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
