Price for Copper Plates, Sheets and Strip in Ireland - 2023

Contents:

1. Price for Copper Plates, Sheets and Strip in Ireland (CIF) - 2023
2. Price for Copper Plates, Sheets and Strip in Ireland (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in Ireland
4. Exports of Copper Plates, Sheets and Strip in Ireland

Price for Copper Plates, Sheets and Strip in Ireland (CIF) - 2023

The average import price for copper plates, sheets and strips stood at $2,928 per ton in July 2023, approximately equating the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 92% against the previous month. As a result, import price attained the peak level of $5,070 per ton. From October 2022 to July 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From July 2022 to July 2023, the rate of growth in terms of prices for the UK amounted to +0.6% per month.

Price for Copper Plates, Sheets and Strip in Ireland (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $7,822 per ton in 2022, leveling off at the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60%. The export price peaked at $13,563 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($56,766 per ton), while the average price for exports to France ($4,631 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 Sweden (+6.5%), while the prices for the other major destinations experienced a decline.

Imports of Copper Plates, Sheets and Strip in Ireland

In 2022, approx. 4.5K tons of copper plates, sheets and strips were imported into Ireland; rising by 280% on 2021. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper plates, sheets and strip imports surged to $15M in 2022. Overall, imports, however, showed a abrupt descent.

Top Suppliers of Copper Plates, Sheets and Strip to Ireland in 2022:

1. United Kingdom (4.2K tons)
2. Finland (0.1K tons)
3. Germany (0.1K tons)

Exports of Copper Plates, Sheets and Strip in Ireland

For the third year in a row, Ireland recorded decline in shipments abroad of copper plates, sheets and strips, which decreased by -20% to 60 tons in 2022. Over the period under review, exports continue to indicate a deep contraction. The smallest decline of -13.1% was in 2021.

In value terms, copper plates, sheets and strip exports contracted rapidly to $470K in 2022. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $988K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Copper Plates, Sheets and Strip from Ireland in 2022:

1. United Kingdom (55.9 tons)
2. United States (1.7 tons)
3. France (1.3 tons)

Source: IndexBox Market Intelligence Platform