Copper; Master Alloys Price in New Zealand - 2023

Contents:

1. Copper; Master Alloys Price in New Zealand (FOB) - 2022
2. Copper; Master Alloys Price in New Zealand (CIF) - 2022
3. Copper; Master Alloys Exports in New Zealand
4. Copper; Master Alloys Imports in New Zealand

Copper; Master Alloys Price in New Zealand (FOB) - 2022

In 2022, the average copper; master alloys export price amounted to $9,803 per ton, declining by -3.5% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2017 an increase of 1.3% against the previous year. Over the period under review, the average export prices reached the maximum at $11,653 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($9,721 per ton), while the average price for exports to China amounted to $9,319 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-10.4%).

Copper; Master Alloys Price in New Zealand (CIF) - 2022

The average copper; master alloys import price stood at $12,458 per ton in 2022, growing by 24% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 39% against the previous year. The import price peaked at $13,080 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 Australia ($24,014 per ton), while the price for South Korea ($11,244 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Exports in New Zealand

For the third year in a row, New Zealand recorded growth in shipments abroad of copper; master alloyses, which increased by 22% to 324 tons in 2022. In general, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +33.4% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, copper; master alloys exports surged to $3.2M in 2022. Overall, total exports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +22.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Copper; Master Alloys from New Zealand in 2022:

1. Australia (266.6 tons)
2. China (53.1 tons)

Copper; Master Alloys Imports in New Zealand

After three years of growth, purchases abroad of copper; master alloyses decreased by -14.2% to 25 tons in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 828%.

In value terms, copper; master alloys imports rose significantly to $312K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 712%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Copper; Master Alloys to New Zealand in 2022:

1. South Korea (10.1 tons)
2. India (8.8 tons)
3. United States (5.2 tons)
4. Australia (0.9 tons)

Source: IndexBox Market Intelligence Platform