Sulphates; of Copper Price in Belgium - 2023

Contents:

  1. Sulphates; of Copper Price in Belgium (CIF) - 2022
  2. Sulphates; of Copper Price in Belgium (FOB) - 2022
  3. Sulphates; of Copper Imports in Belgium
  4. Sulphates; of Copper Exports in Belgium

Sulphates; of Copper Price in Belgium (CIF) - 2022

The average sulphates; of copper import price stood at $3,238 per ton in 2022, growing by 22% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +53.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,224 per ton), while the price for France ($1,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Belgium (FOB) - 2022

The average sulphates; of copper export price stood at $3,798 per ton in 2022, picking up by 11% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price increased by +60.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($4,257 per ton) and Egypt ($3,784 per ton), while the average price for exports to Tunisia ($3,105 per ton) and Algeria ($3,125 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Imports in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of sulphates; of coppers, when their volume decreased by -7.8% to 4.4K tons. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 39%.

In value terms, sulphates; of copper imports reached $14M in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Sulphates; of Copper in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.61.82.23.428.6%
Netherlands1.62.62.52.19.5%
Malta0.10.41.11.8162.1%
Turkey0.20.30.51.6100.0%
Spain0.80.81.41.523.3%
LithuaniaN/AN/A0.81.025.0%
Mexico0.20.31.10.751.8%
Russia1.01.81.70.6-15.7%
France0.10.30.20.458.7%
Germany0.50.50.70.2-26.3%
Others0.80.50.60.94.0%
Total6.89.212.614.227.8%

Top Suppliers of Sulphates; of Copper to Belgium in 2022:

  1. Poland (1066.6 tons)
  2. Malta (566.0 tons)
  3. Netherlands (518.8 tons)
  4. Turkey (487.5 tons)
  5. Spain (441.9 tons)
  6. France (391.0 tons)
  7. Lithuania (330.3 tons)
  8. Mexico (204.0 tons)
  9. Russia (197.6 tons)
  10. Germany (65.4 tons)

Sulphates; of Copper Exports in Belgium

In 2022, shipments abroad of sulphates; of coppers decreased by -18.8% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 82%. As a result, the exports reached the peak of 1.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphates; of copper exports declined to $4.3M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 86%.

Export of Sulphates; of Copper in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,0631,3392,1751,3969.5%
France4091,22391470920.1%
Germany58.6336391634121.2%
Egypt6.8140386498318.4%
AlgeriaN/A65.5161289110.1%
Hungary74.580.210011314.9%
Tunisia76.71010.268.7-3.6%
Others569911581547-1.3%
Total2,2574,1964,7084,25623.5%

Top Export Markets for Sulphates; of Copper from Belgium in 2022:

  1. Netherlands (404.1 tons)
  2. Germany (175.9 tons)
  3. France (166.5 tons)
  4. Egypt (131.7 tons)
  5. Algeria (92.6 tons)
  6. Hungary (31.4 tons)
  7. Tunisia (22.1 tons)

Source: IndexBox Market Intelligence Platform

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