Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic - 2023

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic (CIF) - 2023
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic (CIF) - 2023

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,925 per ton in December 2023, with an increase of 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in January 2023 an increase of 15% month-to-month. The import price peaked in December 2023.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Poland ($16,624 per ton) and Turkey ($12,095 per ton), while the price for Serbia ($11,176 per ton) and China ($11,208 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,601 per ton, shrinking by -14.2% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +54.4% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 55%. As a result, the export price attained the peak level of $13,523 per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($23,800 per ton), while the average price for exports to Slovakia ($11,106 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 Italy (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in supplies from abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 6.4% to 7.5K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 +74.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reached $78M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to the Czech Republic in 2022:

1. Germany (5452.3 tons)
2. Serbia (639.6 tons)
3. Italy (449.4 tons)
4. Finland (200.7 tons)
5. France (122.1 tons)
6. Poland (121.8 tons)
7. South Korea (113.4 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in the Czech Republic

In 2022, shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by 5.7% to 164 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reduced to $1.9M in 2022. Overall, exports, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 20%.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from the Czech Republic in 2022:

1. Germany (89.9 tons)
2. Slovakia (28.8 tons)
3. Poland (23.8 tons)
4. Ukraine (13.8 tons)
5. Egypt (3.0 tons)

Source: IndexBox Market Intelligence Platform