Price for Copper; Refined and Copper Alloys, Unwrought in Bulgaria - 2023
Contents:
- Price for Copper; Refined and Copper Alloys, Unwrought in Bulgaria (FOB) - 2023
- Price for Copper; Refined and Copper Alloys, Unwrought in Bulgaria (CIF) - 2023
- Exports of Copper; Refined and Copper Alloys, Unwrought in Bulgaria
- Imports of Copper; Refined and Copper Alloys, Unwrought in Bulgaria
Price for Copper; Refined and Copper Alloys, Unwrought in Bulgaria (FOB) - 2023
In December 2023, the average export price for copper; refined and copper alloys, unwroughts amounted to $8,907 per ton, increasing by 1.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 7.6% month-to-month. The export price peaked at $9,273 per ton in April 2023; however, from May 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2023, the highest price was recorded for prices to Croatia ($8,917 per ton) and Italy ($8,911 per ton), while the average price for exports to Serbia ($8,777 per ton) and Turkey ($8,900 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Refined and Copper Alloys, Unwrought in Bulgaria (CIF) - 2023
In December 2023, the average import price for copper; refined and copper alloys, unwroughts amounted to $8,835 per ton, stabilizing at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 6% m-o-m. As a result, import price reached the peak level of $9,553 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($136K per ton), while the price for the Netherlands ($2,061 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Refined and Copper Alloys, Unwrought in Bulgaria
In 2022, shipments abroad of copper; refined and copper alloys, unwroughts decreased by -1.5% to 183K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports attained the peak of 191K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; refined and copper alloys, unwroughts reduced to $1.6B in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. As a result, the exports attained the peak of $1.7B, and then reduced in the following year.
| Export of Copper; Refined and Copper Alloys, Unwrought in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 106 | 29.8 | 238 | 654 | 83.4% |
| Turkey | 234 | 398 | 626 | 560 | 33.8% |
| China | 593 | 682 | 697 | 135 | -38.9% |
| Croatia | N/A | N/A | 81.1 | 107 | 31.9% |
| Serbia | 18.0 | 7.8 | 3.1 | 94.2 | 73.6% |
| Egypt | 34.2 | 26.9 | 63.3 | 56.9 | 18.5% |
| Others | 11.6 | 44.0 | 29.5 | 17.4 | 14.5% |
| Total | 997 | 1,188 | 1,737 | 1,625 | 17.7% |
Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Bulgaria in 2022:
- Italy (73.2K tons)
- Turkey (62.3K tons)
- China (16.0K tons)
- Croatia (12.1K tons)
- Serbia (11.3K tons)
- Egypt (6.4K tons)
Imports of Copper; Refined and Copper Alloys, Unwrought in Bulgaria
After three years of growth, supplies from abroad of copper; refined and copper alloys, unwroughts decreased by -6.1% to 28K tons in 2022. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 30K tons, and then declined in the following year.
In value terms, imports of copper; refined and copper alloys, unwroughts declined to $256M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67%. As a result, imports attained the peak of $274M, and then reduced in the following year.
| Import of Copper; Refined and Copper Alloys, Unwrought in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 40.2 | 43.4 | 87.9 | 89.5 | 30.6% |
| Tanzania | 6.0 | 10.7 | 5.6 | 32.9 | 76.3% |
| Netherlands | 0.1 | 0.1 | 0.2 | 32.5 | 587.5% |
| Serbia | 43.6 | 37.8 | 122 | 28.7 | -13.0% |
| Turkey | 14.6 | 5.1 | 7.6 | 19.4 | 9.9% |
| Mozambique | N/A | N/A | 3.9 | 15.6 | 300.0% |
| South Africa | 13.3 | 1.5 | 7.4 | 13.4 | 0.3% |
| Germany | 5.6 | 11.8 | 19.2 | 12.4 | 30.3% |
| Greece | 1.7 | 0.1 | 0.7 | 4.0 | 33.0% |
| Austria | 14.4 | 34.8 | 5.2 | 0.7 | -63.5% |
| Others | 19.2 | 19.0 | 15.0 | 6.6 | -29.9% |
| Total | 159 | 164 | 274 | 256 | 17.2% |
Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Bulgaria in 2022:
- Russia (9.6K tons)
- Tanzania (3.8K tons)
- Netherlands (3.4K tons)
- Serbia (3.0K tons)
- Turkey (2.3K tons)
- South Africa (1.7K tons)
- Mozambique (1.7K tons)
- Germany (1.4K tons)
- Greece (0.5K tons)
- Austria (0.1K tons)
615
This report provides an in-depth analysis of the copper market in Bulgaria.
1198
This report provides an in-depth analysis of the global copper market.
563
This report provides an in-depth analysis of the global copper market.
615
This report provides an in-depth analysis of the copper market in Bulgaria.
488
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
1198
This report provides an in-depth analysis of the global copper market.
563
This report provides an in-depth analysis of the global copper market.
246
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
2328
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
246
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
2328
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
