Price for Copper; Powders and Flakes in Hungary - 2023

Contents:

1. Price for Copper; Powders and Flakes in Hungary (CIF) - 2022
2. Price for Copper; Powders and Flakes in Hungary (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Hungary
4. Exports of Copper; Powders and Flakes in Hungary

Price for Copper; Powders and Flakes in Hungary (CIF) - 2022

The average copper; powders and flakes import price stood at $18,147 per ton in 2022, stabilizing at the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; powders and flakes import price increased by +55.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $18,199 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($31,849 per ton), while the price for Italy ($5,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Powders and Flakes in Hungary (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $1,928,000 per ton, jumping by 6,503% against the previous year. Overall, the export price saw significant growth. As a result, the export price attained 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 Malaysia ($2,099,545 per ton), while the average price for exports to Croatia stood at $41,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+22.4%).

Imports of Copper; Powders and Flakes in Hungary

In 2022, approx. 26 tons of copper; powders and flakeses were imported into Hungary; dropping by -3.3% against the previous year's figure. In general, imports recorded a abrupt slump.

In value terms, copper; powders and flakes imports declined to $480K in 2022. Overall, imports recorded a abrupt descent.

Top Suppliers of Copper; Powders and Flakes to Hungary in 2022:

1. Germany (19.4 tons)
2. Austria (4.5 tons)
3. Italy (1.2 tons)
4. United Kingdom (1.0 tons)
5. Belgium (0.3 tons)

Exports of Copper; Powders and Flakes in Hungary

In 2022, approx. 12 kg of copper; powders and flakeses were exported from Hungary; picking up by 20% against the year before. Overall, exports, however, continue to indicate a dramatic slump.

In value terms, copper; powders and flakes exports surged to $23K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Powders and Flakes from Hungary in 2022:

1. Malaysia (11.0 kg)
2. Croatia (1.0 kg)

Source: IndexBox Market Intelligence Platform