Czech Republic: Copper Foil Market 2024

Copper Foil Market Size in the Czech Republic

In 2022, the Czech copper foil market decreased by -2.7% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +75.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2021, and then dropped modestly in the following year.

Copper Foil Production in the Czech Republic

In value terms, copper foil production soared to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. Copper foil production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Copper Foil Exports

Exports from the Czech Republic

In 2022, the amount of copper foil exported from the Czech Republic soared to X tons, growing by 42% compared with the year before. Overall, exports posted a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 183% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper foil exports totaled $X in 2022. In general, exports showed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 222% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons), Germany (X tons) and the United States (X tons) were the main destinations of copper foil exports from the Czech Republic, with a combined 77% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +109.9%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for copper foil exports from the Czech Republic, comprising 73% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.1% share of total exports. It was followed by the United States, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR stood at +123.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.1% per year) and the United States (+61.1% per year).

Export Prices by Country

The average copper foil export price stood at $X per ton in 2022, falling by -27.9% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 112%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Japan ($X 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 Hong Kong SAR (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Foil Imports

Imports into the Czech Republic

In 2022, overseas purchases of copper foil increased by 5% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32%. Imports peaked at X tons in 2017; afterwards, it flattened through to 2022.

In value terms, copper foil imports declined to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of copper foil imports to the Czech Republic, with a combined 60% share of total imports. Japan, China, Turkey, Bulgaria, the United States, Taiwan (Chinese) and Sweden lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +206.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper foil suppliers to the Czech Republic were Germany ($X), Italy ($X) and Japan ($X), with a combined 59% share of total imports.

Japan, with a CAGR of +194.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average copper foil import price amounted to $X per ton, shrinking by -13.1% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil import price increased by +68.2% against 2015 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 25%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform