# Italy Copper: refined, unwrought, n.e.c. in item no. 7403.1 price positioning (HS 740319)

Canonical: https://www.yugalinks.com/trade/price-exporter/ita/740319
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Italy has a median reported export price of $10.1K/t across 85 markets. Across the reported period, the highest observed price is $2.9M/t in Turkey; the lowest is $660.0/t in Ethiopia.

## Summary

- Price spread: 28,636.6%
- Total trade value: $128.3M
- Average quantity: 52 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| China | 2023 | $16.3K/t | +95.2% | +62.9% | +49.4% | $2.7M | 5 | Above |
| Germany | 2023 | $15.1K/t | +59.6% | +49.6% | +70.6% | $5.3M | 5 | Above |
| Belgium | 2023 | $8.0K/t | -3.6% | -56.6% | +110.5% | $1.6M | 5 | Mid |
| Romania | 2023 | $11.3K/t | +10.1% | +25.2% | +40.3% | $4.5M | 5 | Mid |
| Nigeria | 2023 | $13.5K/t | +3.8% | +20.7% | +58.2% | $581.9K | 3 | Mid |
| Turkey | 2023 | $9.0K/t | +0% | -75.5% | +20.2% | $4.8M | 5 | Mid |
| Portugal | 2023 | $10.9K/t | -79.2% | +19.3% | +53% | $1.8M | 5 | Below |
| Tunisia | 2023 | $10.6K/t | -27.4% | +55.7% | +265.1% | $393.6K | 5 | Below |
| United Arab Emirates | 2023 | $10.0K/t | +13.9% | -28.3% | +6.8% | $923.8K | 5 | Mid |
| Thailand | 2023 | $9.9K/t | -0.5% | +4.3% | -27% | $1.1M | 5 | Mid |
| Switzerland, Liechtenstein | 2023 | $14.1K/t | +7.2% | +15.9% | +86.9% | $987.5K | 5 | Mid |
| Poland | 2023 | $9.2K/t | -1.5% | -3% | +136.7% | $688.3K | 5 | Mid |
| Malaysia | 2023 | $1.8K/t | +169.1% | -82.3% | -78.7% | $549.4K | 5 | Above |
| Lebanon | 2023 | $11.3K/t | +10% | +4.3% | +21% | $242.6K | 4 | Mid |
| Czechia | 2023 | $4.9K/t | -53.1% | -44.4% | -47.3% | $423.4K | 5 | Below |
| Ethiopia | 2019 | $660.0/t | -56% | -91.9% | -91.9% | $193.8K | 2 | Below |

## Price history

- China: 2017 $10.9K/t, 2019 $17.5K/t, 2020 $4.6K/t, 2022 $10.0K/t, 2023 $16.3K/t
- Germany: 2017 $8.9K/t, 2019 $11.8K/t, 2020 $18.5K/t, 2022 $10.1K/t, 2023 $15.1K/t
- Belgium: 2017 $3.8K/t, 2019 $9.3K/t, 2020 $21.4K/t, 2022 $18.4K/t, 2023 $8.0K/t
- Romania: 2017 $8.0K/t, 2019 $8.3K/t, 2020 $8.0K/t, 2022 $9.0K/t, 2023 $11.3K/t
- Nigeria: 2017 $8.5K/t, 2022 $11.2K/t, 2023 $13.5K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $8.5K/t | Not reported | $25.8M | 57 |
| 2019 | $9.4K/t | +10.6% | $43.2M | 59 |
| 2020 | $7.7K/t | -19% | $41.3M | 50 |
| 2022 | $9.8K/t | +27.4% | $7.9M | 62 |
| 2023 | $10.9K/t | +11.8% | $10.1M | 57 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 85 importer markets; 285 reported market-year observations.

## FAQ

### What does Italy price positioning show for HS 740319?

It compares Italy's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Copper: refined, unwrought, n.e.c. in item no. 7403.1 market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "ITA",
  "hs_code": "740319",
  "summary": {
    "num_markets": 85,
    "highest_price_importer_iso3": "TUR",
    "highest_price_usd_per_ton": 2885259.429622815,
    "lowest_price_importer_iso3": "ETH",
    "lowest_price_usd_per_ton": 660,
    "median_price_across_markets": 10073.131955484896,
    "price_spread_pct": 28636.56946390074,
    "avg_quantity_metric_tons": 51.68670526315791,
    "total_trade_value_usd": 128343286
  },
  "marketRows": [
    {
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      "quantity_metric_tons": 149.444,
      "trade_value_usd": 2434165,
      "market_median_price_usd_per_ton": 8342.350373309753,
      "price_vs_median_pct": 95.24643114348063,
      "price_position": "Premium"
    },
    {
      "year": 2023,
      "exporter_iso3": "ITA",
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    {
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      "price_vs_median_pct": 0,
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    {
      "year": 2023,
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      "year": 2023,
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    },
    {
      "importer_iso3": "ETH",
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      "latest_unit_value_usd_per_ton": 660,
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    }
  ],
  "trendRows": [
    {
      "importer_iso3": "CHN",
      "position": "Premium",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 10900
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 17474.48979591837
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 4585.662770773126
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 10000
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 16288.141377372127
        }
      ]
    },
    {
      "importer_iso3": "DEU",
      "position": "Premium",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 8850.14371138789
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