Price for Copper; Powders and Flakes in Germany - 2023

Price for Copper; Powders and Flakes in Germany (FOB) - 2023

In July 2023, the average copper; powders and flakes export price amounted to $15,124 per ton, waning by -4.6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 15% m-o-m. The export price peaked at $16,217 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Slovakia ($18,361 per ton), while the average price for exports to Austria ($7,130 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Germany (CIF) - 2023

The average copper; powders and flakes import price stood at $12,182 per ton in July 2023, rising by 3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $13,346 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($17,546 per ton), while the price for Russia ($10,946 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Copper; Powders and Flakes in Germany

In 2022, approx. 8.9K tons of copper; powders and flakeses were exported from Germany; shrinking by -14.5% against 2021 figures. Overall, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports reached the peak of 10K tons, and then dropped in the following year.

In value terms, copper; powders and flakes exports dropped to $131M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. As a result, the exports attained the peak of $148M, and then shrank in the following year.

Export of Copper; Powders and Flakes in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	16.1	11.8	21.1	21.7	10.5%
Italy	12.6	9.5	20.0	14.8	5.5%
Austria	11.3	9.0	12.8	12.1	2.3%
France	8.0	7.7	10.6	11.8	13.8%
India	6.3	6.4	9.5	9.8	15.9%
China	6.9	7.5	9.8	7.0	0.5%
Japan	2.3	3.0	5.6	5.3	32.1%
South Korea	3.3	2.7	5.1	4.4	10.1%
Mexico	2.0	2.1	3.7	3.5	20.5%
Indonesia	3.0	2.9	4.2	3.5	5.3%
United Kingdom	5.2	3.1	5.9	3.3	-14.1%
Romania	1.9	2.0	2.8	3.0	16.4%
Turkey	1.5	2.0	2.3	2.2	13.6%
Others	23.1	23.3	34.9	28.8	7.6%
Total	104	93.0	148	131	8.0%

Top Export Markets for Copper; Powders and Flakes from Germany in 2022:

United States (1508.9 tons)
Austria (1132.8 tons)
Italy (1003.2 tons)
France (775.3 tons)
India (699.2 tons)
China (463.5 tons)
South Korea (278.4 tons)
Japan (230.7 tons)
Romania (228.8 tons)
Mexico (227.4 tons)
Indonesia (226.5 tons)
United Kingdom (191.2 tons)
Turkey (150.6 tons)

Imports of Copper; Powders and Flakes in Germany

Copper; powders and flakes imports into Germany contracted to 6.9K tons in 2022, reducing by -6% compared with the year before. Overall, imports showed a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 7.3K tons, and then fell in the following year.

In value terms, copper; powders and flakes imports fell to $80M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of $87M, and then dropped in the following year.

Import of Copper; Powders and Flakes in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	37.8	33.5	57.8	52.9	11.9%
Italy	12.5	8.2	13.7	12.6	0.3%
United States	6.7	3.8	5.0	5.9	-4.1%
France	2.8	2.6	3.0	2.3	-6.3%
United Kingdom	1.5	0.9	2.4	2.3	15.3%
Austria	0.6	1.2	2.2	2.1	51.8%
Others	1.1	3.6	2.4	2.4	29.7%
Total	63.0	53.7	86.6	80.5	8.5%