Price for Copper; Refined, Unwrought, Wire-Bars in the Netherlands - 2023

Contents:

1. Price for Copper; Refined, Unwrought, Wire-Bars in the Netherlands (CIF) - 2023
2. Price for Copper; Refined, Unwrought, Wire-Bars in the Netherlands (FOB) - 2022
3. Imports of Copper; Refined, Unwrought, Wire-Bars in the Netherlands
4. Exports of Copper; Refined, Unwrought, Wire-Bars in the Netherlands

Price for Copper; Refined, Unwrought, Wire-Bars in the Netherlands (CIF) - 2023

In May 2023, the average copper; refined, unwrought, wire-bars import price amounted to $7,777 per ton, approximately reflecting the previous month. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was France ($7,758 per ton), while the price for Belgium totaled $6,432 per ton.

From August 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+1.9%).

Price for Copper; Refined, Unwrought, Wire-Bars in the Netherlands (FOB) - 2022

The average copper; refined, unwrought, wire-bars export price stood at $5,289 per ton in 2022, shrinking by -37.8% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 224% against the previous year. As a result, the export price attained the peak level of $13,941 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($5,597 per ton) and Austria ($5,179 per ton), while the average price for exports to France ($5,171 per ton) and Germany ($5,171 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 Belgium (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Refined, Unwrought, Wire-Bars in the Netherlands

In 2022, purchases abroad of copper; refined, unwrought, wire-barses was finally on the rise to reach 234 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp slump.

In value terms, copper; refined, unwrought, wire-bars imports surged to $2.7M in 2022. In general, imports, however, showed a abrupt curtailment.

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to the Netherlands in 2022:

1. Belgium (219.8 tons)
2. Germany (2.1 tons)

Exports of Copper; Refined, Unwrought, Wire-Bars in the Netherlands

In 2022, copper; refined, unwrought, wire-bars exports from the Netherlands soared to 463 tons, growing by 703% compared with the previous year's figure. Over the period under review, exports, however, faced a abrupt downturn.

In value terms, copper; refined, unwrought, wire-bars exports skyrocketed to $2.4M in 2022. In general, exports, however, recorded a abrupt decline.

Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from the Netherlands in 2022:

1. Sweden (314.1 tons)
2. Belgium (87.7 tons)
3. Germany (21.4 tons)
4. France (7.5 tons)
5. Austria (1.2 tons)

Source: IndexBox Market Intelligence Platform