India - Refined Copper - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefined Copper Price in India - 2023
Contents:
- Refined Copper Price in India (CIF) - 2023
- Refined Copper Price in India (FOB) - 2023
- Refined Copper Imports in India
- Refined Copper Exports in India
Refined Copper Price in India (CIF) - 2023
The average refined copper import price stood at $8,444 per ton in July 2023, rising by 17% against the previous month. Over the period under review, import price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, refined copper import price increased by +16.9% against June 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 142% against the previous month. Over the period under review, average import prices attained the maximum at $8,451 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were China ($8,704 per ton) and Tanzania ($8,542 per ton), while the price for Japan ($8,352 per ton) and Mozambique ($8,524 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Copper Price in India (FOB) - 2023
In July 2023, the average refined copper export price amounted to $7,843 per ton, increasing by 3.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 9.7% month-to-month. The export price peaked at $8,647 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to +0.1% per month.
Refined Copper Imports in India
In 2022, approx. 174K tons of refined copper (unwrought, not alloyed) were imported into India; with an increase of 19% against the previous year. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined copper imports expanded slightly to $1.2B in 2022. The total import value increased at an average annual rate of +11.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Refined Copper in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 776 | 879 | 1,133 | 943 | 6.7% |
Tanzania | 12.2 | 32.1 | 38.9 | 202 | 154.9% |
United Arab Emirates | 1.2 | N/A | 1.3 | 24.7 | 174.1% |
Others | 97.7 | 72.0 | 35.2 | 72.6 | -9.4% |
Total | 887 | 983 | 1,208 | 1,243 | 11.9% |
Top Suppliers of Refined Copper to India in 2022:
- Japan (138.5K tons)
- Tanzania (22.2K tons)
- United Arab Emirates (5.0K tons)
Refined Copper Exports in India
In 2022, shipments abroad of refined copper (unwrought, not alloyed) decreased by -72.3% to 35K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 112%. As a result, the exports attained the peak of 128K tons, and then plummeted in the following year.
In value terms, refined copper exports declined remarkably to $305M in 2022. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 232% against the previous year. As a result, the exports attained the peak of $1.2B, and then contracted sharply in the following year.
Export of Refined Copper in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 225 | 343 | 1,050 | 294 | 9.3% |
United Arab Emirates | N/A | N/A | N/A | 5.5 | 0% |
Singapore | N/A | N/A | 68.6 | N/A | 0% |
Others | 27.9 | 4.6 | 35.9 | 5.7 | -41.1% |
Total | 253 | 348 | 1,155 | 305 | 6.4% |
Top Export Markets for Refined Copper from India in 2022:
- China (34.3K tons)
- United Arab Emirates (0.6K tons)
This report provides an in-depth analysis of the copper market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24441330 - Unwrought unalloyed refined copper (excluding rolled, e xtruded or forged sintered products)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the copper market in India.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the unwrought copper alloy market in India.
This report provides an in-depth analysis of the copper market in India.
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
The growth rate of Copper was particularly strong in November 2022, experiencing a month-on-month increase of 282%. In terms of value, copper imports reached $316M in October 2023.
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
The growth rate of Copper was particularly strong in November 2022, experiencing a month-on-month increase of 282%. In terms of value, copper imports reached $316M in October 2023.
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>