Sulphates; of Copper Price in Denmark - 2023

Contents:

  1. Sulphates; of Copper Price in Denmark (CIF) - 2022
  2. Sulphates; of Copper Price in Denmark (FOB) - 2022
  3. Sulphates; of Copper Imports in Denmark
  4. Sulphates; of Copper Exports in Denmark

Sulphates; of Copper Price in Denmark (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $3,199 per ton, surging by 15% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +62.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,693 per ton), while the price for the UK ($2,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Denmark (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $3,251 per ton, rising by 1.5% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price increased by +82.7% against 2016 indices. The growth pace was the most rapid in 2020 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $3,340 per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($4,790 per ton), while the average price for exports to Sweden ($2,882 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 the Netherlands (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Imports in Denmark

In 2022, sulphates; of copper imports into Denmark declined to 2.7K tons, reducing by -11.8% compared with 2021 figures. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 3K tons, and then declined in the following year.

In value terms, sulphates; of copper imports totaled $8.5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +81.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sulphates; of Copper in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,5381,5692,3844,04616.8%
Poland1.91049222,176946.2%
Italy683809693492-10.4%
Chile311N/A59.742210.7%
Malta6552241,282384-16.3%
Netherlands19924028128112.2%
Russia4609481,68083.2-43.4%
United Kingdom81052.715.671.3-55.5%
Others3387621,09258620.1%
Total5,9954,7088,4108,54012.5%

Top Suppliers of Sulphates; of Copper to Denmark in 2022:

  1. Turkey (1325.9 tons)
  2. Poland (751.9 tons)
  3. Chile (147.4 tons)
  4. Malta (121.9 tons)
  5. Italy (95.9 tons)
  6. Netherlands (57.4 tons)
  7. Russia (27.0 tons)
  8. United Kingdom (25.0 tons)

Sulphates; of Copper Exports in Denmark

In 2022, overseas shipments of sulphates; of coppers increased by 29% to 322 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a noticeable downturn.

In value terms, sulphates; of copper exports soared to $1M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphates; of Copper in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden39236255372422.7%
Norway63.555878.481.98.9%
United KingdomN/AN/A32.660.485.3%
Latvia214N/A44.549.8-38.5%
SpainN/A0.213.729.31110.4%
Germany1162.76.29.2-57.0%
MaltaN/A54.1N/AN/A0%
Others4.410.273.593.9177.4%
Total7909868021,0489.9%

Top Export Markets for Sulphates; of Copper from Denmark in 2022:

  1. Sweden (251.1 tons)
  2. United Kingdom (18.4 tons)
  3. Norway (18.3 tons)
  4. Latvia (13.8 tons)
  5. Spain (6.1 tons)
  6. Germany (2.6 tons)

Source: IndexBox Market Intelligence Platform

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