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

Contents:

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

Price for Copper Plates, Sheets and Strip in Israel (CIF) - 2022

In 2022, the average import price for copper plates, sheets and strips amounted to $10,578 per ton, increasing by 13% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 28%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($11,933 per ton) and Germany ($11,213 per ton), while the price for India ($9,622 per ton) and Bulgaria ($10,170 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper plates, sheets and strips stood at $10,312 per ton in 2022, waning by -12.8% against the previous year. In general, the export price, however, recorded a tangible increase. The pace of growth was the most pronounced in 2016 an increase of 345%. As a result, the export price reached the peak level of $32,721 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($13,740 per ton) and China ($11,048 per ton), while the average price for exports to Hungary ($9,231 per ton) and Ireland ($9,242 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Israel

Copper plates, sheets and strip imports into Israel dropped dramatically to 1.2K tons in 2022, waning by -15.2% compared with 2021 figures. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 +43.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of 1.4K tons, and then shrank rapidly in the following year.

In value terms, copper plates, sheets and strip imports dropped slightly to $13M in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. As a result, imports reached the peak of $13M, and then reduced in the following year.

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

1. Germany (447.3 tons)
2. India (418.9 tons)
3. Turkey (134.0 tons)
4. China (47.3 tons)
5. Italy (44.8 tons)
6. Bulgaria (39.7 tons)
7. United States (18.0 tons)

Exports of Copper Plates, Sheets and Strip in Israel

After three years of growth, overseas shipments of copper plates, sheets and strips decreased by -60.2% to 8.9 tons in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 405% against the previous year. As a result, the exports attained the peak of 22 tons, and then shrank remarkably in the following year.

In value terms, copper plates, sheets and strip exports shrank rapidly to $92K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 800% against the previous year.

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

1. China (3.0 tons)
2. Hong Kong SAR (2.0 tons)
3. Singapore (1.9 tons)
4. United States (0.7 tons)
5. India (0.5 tons)
6. Ireland (0.5 tons)
7. Hungary (0.3 tons)

Source: IndexBox Market Intelligence Platform