Price for Copper Plates, Sheets and Strip in New Zealand - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in New Zealand (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in New Zealand (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in New Zealand
- Exports of Copper Plates, Sheets and Strip in New Zealand
Price for Copper Plates, Sheets and Strip in New Zealand (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $11,536 per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($18,075 per ton), while the price for Bulgaria ($10,571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in New Zealand (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $4,958 per ton in 2022, reducing by -15.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $19,231 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
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 Australia ($13,721 per ton), while the average price for exports to Hong Kong SAR ($3,452 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 South Korea (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper Plates, Sheets and Strip in New Zealand
In 2022, imports of copper plates, sheets and strips into New Zealand soared to 755 tons, rising by 41% on 2021 figures. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% 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 +65.9% against 2020 indices. 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 $8.7M in 2022. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Plates, Sheets and Strip in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 50.1 | 74.8 | 669 | 2,293 | 257.7% |
| China | 88.1 | 86.4 | 122 | 2,104 | 188.0% |
| Bulgaria | 2,860 | 1,257 | 1,814 | 1,910 | -12.6% |
| United States | 226 | 230 | 311 | 607 | 39.0% |
| Italy | 548 | 620 | 1,048 | 540 | -0.5% |
| Malaysia | 61.9 | 104 | 103 | 252 | 59.7% |
| Germany | 619 | 490 | 345 | 218 | -29.4% |
| India | 208 | 91.7 | 154 | 170 | -6.5% |
| United Kingdom | 145 | 101 | 143 | 133 | -2.8% |
| Finland | 518 | 167 | 157 | 108 | -40.7% |
| Others | 263 | 438 | 732 | 370 | 12.1% |
| Total | 5,588 | 3,659 | 5,598 | 8,706 | 15.9% |
Top Suppliers of Copper Plates, Sheets and Strip to New Zealand in 2022:
- South Korea (201.2 tons)
- China (186.8 tons)
- Bulgaria (180.7 tons)
- Italy (50.3 tons)
- United States (33.6 tons)
- Malaysia (19.2 tons)
- Germany (18.7 tons)
- India (15.5 tons)
- United Kingdom (8.8 tons)
- Finland (6.7 tons)
Exports of Copper Plates, Sheets and Strip in New Zealand
Copper plates, sheets and strip exports from New Zealand skyrocketed to 52 tons in 2022, picking up by 37% against the previous year's figure. Over the period under review, exports, however, continue to indicate a perceptible contraction.
In value terms, copper plates, sheets and strip exports soared to $258K in 2022. In general, exports, however, recorded a pronounced reduction.
| Export of Copper Plates, Sheets and Strip in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 71.3 | 31.9 | N/A | 147 | 27.3% |
| South Korea | N/A | N/A | N/A | 65.8 | 0% |
| Australia | 8.9 | 64.0 | 54.6 | 18.3 | 27.2% |
| Fiji | 0.2 | 2.2 | 3.4 | 10.1 | 269.6% |
| United States | 0.1 | N/A | 3.0 | 9.0 | 348.1% |
| China | N/A | 127 | 75.6 | 0.1 | -97.2% |
| Malaysia | 193 | N/A | N/A | N/A | 0% |
| Others | 12.0 | 2.3 | 86.9 | 7.8 | -13.4% |
| Total | 285 | 227 | 224 | 258 | -3.3% |
Top Export Markets for Copper Plates, Sheets and Strip from New Zealand in 2022:
- China (undefined tons)
- Hong Kong SAR (42.5 tons)
- South Korea (5.2 tons)
- Australia (1.3 tons)
- Fiji (1.3 tons)
- United States (1.2 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in New Zealand.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
