🇬🇧 United Kingdom imports of copper ingots: 2024 trade data
Imports of copper ingots by the United Kingdom reached $132.5 million in 2024 (14.3 thousand tonnes). That is 42% less than in 2023. Over 2017-2024 it shrank by about 21% a year on average. The peak in this period was 2018, at $812.6 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of copper ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $132.5M | 14.3K t |
| 2023 | $226.6M | 26.6K t |
| 2022 | $208.1M | 24.0K t |
| 2021 | $256.3M | 29.1K t |
| 2020 | $231.2M | 36.9K t |
| 2019 | $362.6M | 60.8K t |
| 2018 | $812.6M | 118.6K t |
| 2017 | $693.8M | 113.0K t |
Where the United Kingdom imports copper ingots from
Belgium alone supplied 71% of it. Among the main suppliers, Netherlands grew fastest (+43% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇧🇪 Belgium | $93.5M | 71% |
| 🇪🇸 Spain | $9.9M | 7.5% |
| 🇳🇱 Netherlands | $8.6M | 6.5% |
| 🇩🇪 Germany | $5.0M | 3.8% |
| 🇰🇪 Kenya | $3.4M | 2.6% |
| 🇫🇷 France | $3.3M | 2.5% |
| 🇺🇸 United States | $1.6M | 1.2% |
| 🇮🇹 Italy | $1.5M | 1.1% |
| 🇨🇳 China | $1.3M | 1% |
| 🇳🇿 New Zealand | $1.2M | 0.9% |
Types of copper ingots under HS 7403
| 7403.11 | Copper: refined, unwrought, cathodes and sections of cathodes | 71% |
| 7403.21 | Copper: copper-zinc base alloys (brass) unwrought | 12% |
| 7403.22 | Copper: copper-tin base alloys (bronze) unwrought | 10% |
| 7403.29 | Copper: copper alloys n.e.c. in heading no. 7403 (other than master alloys of heading no. 7405) | 5.7% |
| 7403.19 | Copper: refined, unwrought, n.e.c. in item no. 7403.1 | 1.5% |
| 7403.13 | Copper: refined, unwrought, billets | 0.1% |
| 7403.12 | Copper: refined, unwrought, wire-bars | 0% |
Codes and full descriptions: HS heading 7403.
Average import price of copper ingots
The average declared value was about $9.25 per kg, close to the world average of $9.12.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also exports copper ingots
Exports of copper ingots by the United Kingdom reached $26.6 million in 2024 (5.4 thousand tonnes). The largest buyer markets were Germany (27%), Belgium (13%), Norway (11%). Among the main buyer markets, Malaysia grew fastest (+112% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇩🇪 Germany | $7.2M | 27% |
| 🇧🇪 Belgium | $3.4M | 13% |
| 🇳🇴 Norway | $2.8M | 11% |
| 🇲🇾 Malaysia | $2.7M | 10% |
| 🇫🇷 France | $1.7M | 6.4% |
| Taiwan | $1.2M | 4.7% |
| 🇩🇰 Denmark | $1.0M | 3.8% |
| 🇵🇪 Peru | $948K | 3.6% |
| 🇸🇪 Sweden | $822K | 3.1% |
| 🇺🇸 United States | $753K | 2.8% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7403: Copper; refined and copper alloys, unwrought.
Copper ingots trade in the United Kingdom: questions
What is the value of copper ingots imported by the United Kingdom?
The United Kingdom imported copper ingots worth $132.5 million in 2024 (14.3 thousand tonnes).
Where does the United Kingdom import copper ingots from?
The main supplier countries in 2024 were Belgium (71%), Spain (7%), Netherlands (6%).
What is the average import price of copper ingots in the United Kingdom?
The average declared import value was about $9.25 per kg in 2024, against a world average of $9.12 per kg.
Does the United Kingdom export copper ingots?
Yes. The United Kingdom exported copper ingots worth $26.6 million in 2024, mainly to Germany, Belgium, Norway.
What is the HS code for copper ingots?
Copper ingots falls under HS heading 7403 (Copper; refined and copper alloys, unwrought). The six-digit codes under it split the product by type.
How can I find the companies trading copper ingots with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Copper ingots trade in other countries
More trade data for the United Kingdom
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