Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland - 2023

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland (CIF) - 2023
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Poland (CIF) - 2023

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $12,324 per ton in December 2023, with a decrease of -6.6% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 11% against the previous month. As a result, import price reached the peak level of $13,198 per ton, and then shrank in the following month.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Serbia ($12,933 per ton) and Turkey ($11,514 per ton), while the price for Thailand ($10,072 per ton) and the UK ($10,539 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $12,894 per ton in 2022, growing by 7.2% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +85.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($15,538 per ton), while the average price for exports to France ($9,899 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 Denmark (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -16.2% to 4.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of 5.6K tons, and then dropped markedly in the following year.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted modestly to $51M in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of $51M, leveling off in the following year.

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

1. Germany (2445.6 tons)
2. Slovenia (372.1 tons)
3. Turkey (343.4 tons)
4. Bulgaria (335.2 tons)
5. China (269.9 tons)
6. Italy (211.8 tons)
7. France (201.1 tons)
8. Czech Republic (119.1 tons)
9. Slovakia (76.1 tons)

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

In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses exported from Poland surged to 649 tons, picking up by 57% compared with 2021. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses skyrocketed to $8.4M in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. Czech Republic (127.1 tons)
2. Germany (122.9 tons)
3. Slovakia (79.0 tons)
4. Egypt (47.3 tons)
5. Italy (34.0 tons)
6. France (28.5 tons)
7. Denmark (24.4 tons)
8. Romania (22.1 tons)
9. South Korea (21.7 tons)
10. Ukraine (19.5 tons)
11. Estonia (18.0 tons)
12. Lithuania (16.6 tons)
13. United States (16.6 tons)

Source: IndexBox Market Intelligence Platform