Price for Copper Plates, Sheets and Strip in Portugal - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in Portugal (CIF) - 2023
- Price for Copper Plates, Sheets and Strip in Portugal (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Portugal
- Exports of Copper Plates, Sheets and Strip in Portugal
Price for Copper Plates, Sheets and Strip in Portugal (CIF) - 2023
In July 2023, the average import price for copper plates, sheets and strips amounted to $9,577 per ton, standing approximately at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $10,154 per ton. From April 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Netherlands ($12,626 per ton) and Italy ($10,943 per ton), while the price for Germany ($8,534 per ton) and Belgium ($9,241 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Portugal (FOB) - 2022
In 2022, the average export price for copper plates, sheets and strips amounted to $18,099 per ton, surging by 38% against the previous year. In general, the export price enjoyed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($49,094 per ton), while the average price for exports to France ($5,273 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 Poland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Portugal
In 2022, the amount of copper plates, sheets and strips imported into Portugal stood at 6.2K tons, approximately reflecting the previous year. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, copper plates, sheets and strip imports shrank slightly to $50M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $50M, leveling off in the following year.
| Import of Copper Plates, Sheets and Strip in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.9 | 23.6 | 31.2 | 33.3 | 1.4% |
| Italy | 3.5 | 2.4 | 5.7 | 6.0 | 19.7% |
| Netherlands | 0.3 | 0.3 | 3.7 | 3.2 | 120.1% |
| Spain | 3.4 | 2.2 | 3.8 | 2.8 | -6.3% |
| Bulgaria | 1.8 | 2.2 | 1.5 | 1.8 | 0.0% |
| Others | 3.8 | 3.3 | 3.7 | 2.5 | -13.0% |
| Total | 44.7 | 34.0 | 49.6 | 49.6 | 3.5% |
Top Suppliers of Copper Plates, Sheets and Strip to Portugal in 2022:
- Germany (4.5K tons)
- Italy (0.7K tons)
- Netherlands (0.3K tons)
- Spain (0.3K tons)
- Bulgaria (0.2K tons)
Exports of Copper Plates, Sheets and Strip in Portugal
In 2022, the amount of copper plates, sheets and strips exported from Portugal contracted rapidly to 122 tons, falling by -25.6% compared with the year before. In general, exports continue to indicate a precipitous slump.
In value terms, copper plates, sheets and strip exports rose to $2.2M in 2022. Over the period under review, exports continue to indicate a dramatic decrease.
| Export of Copper Plates, Sheets and Strip in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,370 | 565 | 693 | 693 | -20.3% |
| Austria | 162 | 696 | 413 | 654 | 59.2% |
| United Kingdom | N/A | 1.8 | 60.2 | 269 | 1122.5% |
| Spain | 1,366 | 573 | 668 | 213 | -46.2% |
| Germany | 0.7 | 1.1 | 45.9 | 118 | 452.4% |
| Switzerland | 398 | 48.1 | 84.1 | 68.3 | -44.4% |
| Israel | N/A | N/A | N/A | 64.9 | 0% |
| France | 946 | 215 | 62.1 | 52.7 | -61.8% |
| Angola | 814 | 11.9 | 26.8 | 23.2 | -69.5% |
| Mozambique | 61.0 | 393 | 3.2 | 2.8 | -64.2% |
| Others | 552 | 150 | 95.4 | 44.5 | -56.8% |
| Total | 5,669 | 2,654 | 2,151 | 2,204 | -27.0% |
Top Export Markets for Copper Plates, Sheets and Strip from Portugal in 2022:
- Spain (28.5 tons)
- Poland (23.8 tons)
- United Kingdom (18.2 tons)
- Germany (13.8 tons)
- Austria (13.3 tons)
- France (10.0 tons)
- Israel (5.1 tons)
- Switzerland (3.4 tons)
- Angola (2.3 tons)
- Mozambique (0.2 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Portugal.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
