Copper; Master Alloys Price in the UK - 2023
Contents:
- Copper; Master Alloys Price in the UK (CIF) - 2022
- Copper; Master Alloys Price in the UK (FOB) - 2022
- Copper; Master Alloys Imports in the UK
- Copper; Master Alloys Exports in the UK
Copper; Master Alloys Price in the UK (CIF) - 2022
The average copper; master alloys import price stood at $9,720 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $10,204 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,913 per ton), while the price for India ($7,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper; Master Alloys Price in the UK (FOB) - 2022
In 2022, the average copper; master alloys export price amounted to $9,156 per ton, reducing by -11.6% against the previous year. In general, the export price, however, posted a mild expansion. The growth pace was the most rapid in 2021 when the average export price increased by 96% against the previous year. As a result, the export price reached the peak level of $10,359 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($34,707 per ton), while the average price for exports to Malaysia ($3,371 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 the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Copper; Master Alloys Imports in the UK
In 2022, approx. 457 tons of copper; master alloyses were imported into the UK; shrinking by -13.9% against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 530 tons, and then shrank in the following year.
In value terms, copper; master alloys imports declined to $4.4M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of $5M, and then dropped in the following year.
Import of Copper; Master Alloys in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 1,284 | 987 | 1,495 | 2,224 | 20.1% |
India | 343 | 496 | 731 | 854 | 35.5% |
Belgium | 121 | 98.0 | 453 | 754 | 84.0% |
Germany | 137 | 86.7 | 54.1 | 240 | 20.5% |
Italy | N/A | N/A | 3.5 | 150 | 4185.7% |
China | N/A | 33.7 | 18.0 | 111 | 81.5% |
Netherlands | 409 | 220 | 20.9 | 94.9 | -38.6% |
United States | 807 | 605 | 373 | 8.2 | -78.3% |
Spain | N/A | N/A | 1,803 | N/A | 0% |
Others | 180 | 23.8 | 25.1 | 5.2 | -69.3% |
Total | 3,281 | 2,550 | 4,977 | 4,441 | 10.6% |
Top Suppliers of Copper; Master Alloys to the UK in 2022:
- South Korea (223.6 tons)
- India (107.9 tons)
- Belgium (71.4 tons)
- Germany (23.8 tons)
- Italy (13.1 tons)
- Netherlands (9.0 tons)
- China (7.0 tons)
- United States (0.9 tons)
Copper; Master Alloys Exports in the UK
In 2022, shipments abroad of copper; master alloyses decreased by -39.1% to 250 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper; master alloys exports contracted remarkably to $2.3M in 2022. Overall, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2020 with an increase of 4.6% against the previous year. As a result, the exports reached the peak of $32M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Copper; Master Alloys in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.3 | 0.2 | 0.8 | 0.7 | 32.6% |
France | 4.2 | 2.8 | 0.6 | 0.4 | -54.3% |
Malaysia | N/A | N/A | N/A | 0.3 | 0% |
Poland | 0.1 | N/A | N/A | 0.2 | 26.0% |
United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
United States | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
China | N/A | N/A | 1.6 | 0.1 | -93.8% |
Denmark | 1.5 | 1.8 | N/A | N/A | 20.0% |
Germany | 20.9 | 24.0 | 0.1 | N/A | -93.1% |
Sweden | 1.9 | 1.6 | N/A | N/A | -15.8% |
Others | 0.7 | 0.9 | 1.1 | 0.3 | -24.6% |
Total | 30.1 | 31.5 | 4.3 | 2.3 | -57.6% |
Top Export Markets for Copper; Master Alloys from the UK in 2022:
- Malaysia (78.8 tons)
- Italy (65.1 tons)
- France (36.4 tons)
- Poland (24.0 tons)
- China (15.6 tons)
- United Arab Emirates (5.3 tons)
- United States (4.3 tons)
- Germany (1.9 tons)
- Sweden (0.7 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.