Price for Copper Plates, Sheets and Strip in Italy - 2023

Price for Copper Plates, Sheets and Strip in Italy (CIF) - 2023

In July 2023, the average import price for copper plates, sheets and strips amounted to $10,423 per ton, almost unchanged from the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 9.6% month-to-month. Over the period under review, average import prices hit record highs at $10,582 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were France ($13,227 per ton) and Finland ($10,715 per ton), while the price for the Netherlands ($8,975 per ton) and Bulgaria ($9,403 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 Germany (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Italy (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $9,113 per ton in 2022, growing by 1.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($10,712 per ton) and Belgium ($10,606 per ton), while the average price for exports to Spain ($7,798 per ton) and Germany ($8,116 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 Denmark (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Italy

In 2022, the amount of copper plates, sheets and strips imported into Italy expanded remarkably to 82K tons, growing by 8.1% on 2021 figures. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, copper plates, sheets and strip imports rose remarkably to $790M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 69%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Copper Plates, Sheets and Strip in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	258	214	345	385	14.3%
Turkey	31.4	33.7	67.6	101	47.6%
Bulgaria	37.6	48.7	96.9	97.4	37.3%
Netherlands	25.1	25.7	35.3	40.8	17.6%
France	19.3	19.5	33.1	40.7	28.2%
Czech Republic	13.2	17.4	21.2	33.0	35.7%
Finland	20.4	15.1	29.1	29.3	12.8%
Belgium	14.2	14.3	15.2	19.1	10.4%
Others	36.2	28.5	58.6	43.7	6.5%
Total	455	416	702	790	20.2%

Top Suppliers of Copper Plates, Sheets and Strip to Italy in 2022:

Germany (40.3K tons)
Turkey (10.4K tons)
Bulgaria (9.9K tons)
Netherlands (5.0K tons)
France (3.7K tons)
Czech Republic (3.6K tons)
Finland (2.9K tons)
Belgium (2.1K tons)

Exports of Copper Plates, Sheets and Strip in Italy

In 2022, the amount of copper plates, sheets and strips exported from Italy rose to 53K tons, growing by 2% against 2021. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, copper plates, sheets and strip exports stood at $480M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +71.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 66%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Copper Plates, Sheets and Strip in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	86.4	60.7	118	121	11.9%
Switzerland	48.3	52.6	65.2	74.3	15.4%
France	58.1	42.0	78.2	72.6	7.7%
Czech Republic	13.8	17.5	35.1	32.7	33.3%
Spain	18.0	15.8	26.1	22.9	8.4%
United Kingdom	9.6	10.6	10.8	11.0	4.6%
Slovenia	4.7	4.6	9.7	10.6	31.1%
Netherlands	5.9	4.7	8.5	10.1	19.6%
Poland	5.5	6.1	12.1	9.3	19.1%
Hungary	3.1	6.1	12.1	9.1	43.2%
Belgium	8.2	7.2	10.5	9.0	3.2%
Austria	5.6	5.0	12.9	8.7	15.8%
Denmark	3.1	3.5	6.1	8.2	38.3%
Others	44.1	42.9	57.8	80.8	22.4%
Total	314	279	463	480	15.2%