Copper; Master Alloys Price in Greece - 2023

Contents:

  1. Copper; Master Alloys Price in Greece (CIF) - 2022
  2. Copper; Master Alloys Price in Greece (FOB) - 2022
  3. Copper; Master Alloys Imports in Greece
  4. Copper; Master Alloys Exports in Greece

Copper; Master Alloys Price in Greece (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $9,611 per ton, rising by 2.5% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; master alloys import price increased by +54.5% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 49%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($10,038 per ton) and India ($8,601 per ton), while the price for the UK ($8,560 per ton) and the Netherlands ($8,596 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Price in Greece (FOB) - 2022

The average copper; master alloys export price stood at $29,037 per ton in 2022, surging by 67% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 110%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +9.6% per year.

Copper; Master Alloys Imports in Greece

In 2022, the amount of copper; master alloyses imported into Greece expanded remarkably to 403 tons, growing by 15% compared with the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, copper; master alloys imports soared to $3.9M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Copper; Master Alloys in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4821,0611,8492,73078.3%
Netherlands7134522949389.6%
IndiaN/AN/A11917244.5%
United KingdomN/AN/A6152.1-99.7%
United States492N/AN/AN/A0%
Others27.060.440829.02.4%
Total1,7151,5733,2853,87131.2%

Top Suppliers of Copper; Master Alloys to Greece in 2022:

  1. South Korea (272.0 tons)
  2. Netherlands (109.1 tons)
  3. India (20.0 tons)
  4. United Kingdom (0.2 tons)

Copper; Master Alloys Exports in Greece

In 2022, approx. 1.6 tons of copper; master alloyses were exported from Greece; growing by 103% against 2021. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 813% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, copper; master alloys exports soared to $47K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,055%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Copper; Master Alloys in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A39.10%
Bulgaria4.01.213.9N/A86.4%
OthersN/AN/AN/A8.10%
Total4.01.214.047.2127.7%

Top Export Markets for Copper; Master Alloys from Greece in 2022:

  1. United States (1608.0 kg)

Source: IndexBox Market Intelligence Platform

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