Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (CIF) - 2023
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (FOB) - 2023
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (CIF) - 2023
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $10,926 per ton in December 2023, waning by -2.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2023 an increase of 20% month-to-month. As a result, import price attained the peak level of $11,181 per ton, and then dropped in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +2.8% per month.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (FOB) - 2023
The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $18,056 per ton in December 2023, growing by 63% against the previous month. Over the period under review, the export price, however, recorded a perceptible reduction. Over the period under review, the average export prices reached the peak figure at $27,909 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From December 2022 to December 2023, the rate of growth in terms of prices for Cote d'Ivoire amounted to +37.1% per month.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium
In 2022, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into Belgium surged to 1.6K tons, rising by 17% compared with the previous year. Over the period under review, imports, however, saw a abrupt downturn.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $16M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.1 | 4.8 | 8.0 | 12.7 | 16.2% |
| Italy | 2.8 | 2.7 | 3.5 | 1.2 | -24.6% |
| Bulgaria | 0.1 | N/A | 0.1 | 0.8 | 100.0% |
| France | 0.3 | 0.2 | 0.3 | 0.7 | 32.6% |
| Finland | 1.3 | 1.4 | 1.4 | 0.4 | -32.5% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Sweden | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Total | 13.0 | 9.3 | 13.4 | 16.3 | 7.8% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Belgium in 2022:
- Germany (1224.3 tons)
- Italy (104.2 tons)
- Bulgaria (76.8 tons)
- France (61.2 tons)
- Sweden (49.9 tons)
- Finland (37.3 tons)
- China (33.2 tons)
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium
For the fourth year in a row, Belgium recorded growth in overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 53% to 129 tons in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 102% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $1.3M in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 85%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 89.0 | 194 | 189 | 563 | 84.9% |
| France | 7.6 | 75.5 | 197 | 438 | 286.3% |
| Barbados | 104 | N/A | N/A | 132 | 8.3% |
| Luxembourg | 1.4 | 1.3 | N/A | 64.7 | 258.9% |
| Germany | 51.1 | 38.1 | 3.6 | 18.6 | -28.6% |
| Slovakia | N/A | 174 | N/A | N/A | 0% |
| China | 52.6 | 0.5 | 377 | N/A | 167.7% |
| India | N/A | N/A | 165 | N/A | 0% |
| Others | 39.9 | 72.8 | 94.3 | 125 | 46.3% |
| Total | 345 | 555 | 1,027 | 1,340 | 57.2% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Belgium in 2022:
- Netherlands (56.4 tons)
- France (47.5 tons)
- Barbados (10.1 tons)
- Luxembourg (6.2 tons)
- Germany (2.6 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Belgium.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
