Price for Copper; Refined, Unwrought, Billets in Portugal - 2023
Contents:
- Price for Copper; Refined, Unwrought, Billets in Portugal (CIF) - 2022
- Imports of Copper; Refined, Unwrought, Billets in Portugal
Price for Copper; Refined, Unwrought, Billets in Portugal (CIF) - 2022
In 2022, the average copper; refined, unwrought, billets import price amounted to $17,873 per ton, picking up by 104% against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 292% against the previous year. The import price peaked 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 Italy ($29,865 per ton), while the price for Spain ($8,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Refined, Unwrought, Billets in Portugal
In 2022, the amount of copper; refined, unwrought, billetses imported into Portugal fell to 7.7 tons, with a decrease of -10.9% against the previous year's figure. Over the period under review, imports saw a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 74%.
In value terms, copper; refined, unwrought, billets imports skyrocketed to $138K in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 165%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Refined, Unwrought, Billets in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 23.1 | N/A | N/A | 42.7 | 22.7% |
| Germany | 10.8 | N/A | N/A | 42.4 | 57.8% |
| Italy | 5.8 | N/A | N/A | 15.4 | 38.5% |
| Spain | 60.3 | 28.5 | 74.1 | 10.3 | -44.5% |
| Netherlands | 1.2 | N/A | 1.5 | 2.2 | 22.4% |
| France | 0.3 | N/A | N/A | 1.0 | 49.4% |
| Others | N/A | N/A | N/A | 23.6 | 0% |
| Total | 101 | 28.6 | 75.6 | 138 | 11.0% |
Top Suppliers of Copper; Refined, Unwrought, Billets to Portugal in 2022:
- Germany (2.3 tons)
- Turkey (1.7 tons)
- Spain (1.2 tons)
- Italy (0.5 tons)
- Netherlands (0.1 tons)
- France (0.1 tons)
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