Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia - 2022

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia (CIF) - 2022

In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,359 per ton, with a decrease of -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. As a result, import price attained the peak level of $11,813 per ton, and then reduced slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($13,661 per ton) and Japan ($13,077 per ton), while the price for China ($10,491 per ton) and South Korea ($10,752 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $32,638 per ton, with an increase of 53% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 79%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($43,319 per ton), while the average price for exports to Timor-Leste ($7,175 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 Singapore (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia

In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses imported into Indonesia fell significantly to 1.6K tons, with a decrease of -35.8% compared with the previous year. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 74%. As a result, imports attained the peak of 2.5K tons, and then shrank sharply in the following year.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted significantly to $19M in 2022. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. As a result, imports attained the peak of $30M, and then declined rapidly in the following year.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Indonesia in 2022:

1. South Korea (473.4 tons)
2. China (405.3 tons)
3. Japan (338.8 tons)
4. Finland (275.8 tons)
5. Thailand (57.2 tons)
6. Taiwan (Chinese) (49.6 tons)
7. Singapore (20.4 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Indonesia

In 2022, shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -74% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 8.4% against the previous year. As a result, the exports attained the peak of 5.2 tons, and then contracted markedly in the following year.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses declined dramatically to $44K in 2022. Over the period under review, exports, however, recorded a pronounced expansion. The growth pace was the most rapid in 2021 with an increase of 95%. As a result, the exports attained the peak of $111K, and then dropped significantly in the following year.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Indonesia in 2022:

1. Singapore (740.0 kg)
2. Japan (540.0 kg)
3. Timor-Leste (80.0 kg)

Source: IndexBox Market Intelligence Platform