Price for Copper; Powders and Flakes in Latvia - 2023

Contents:

1. Price for Copper; Powders and Flakes in Latvia (CIF) - 2022
2. Price for Copper; Powders and Flakes in Latvia (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Latvia
4. Exports of Copper; Powders and Flakes in Latvia

Price for Copper; Powders and Flakes in Latvia (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $32,622 per ton, declining by -53.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 181%. As a result, import price attained the peak level of $90,926 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($214,857 per ton), while the price for Lithuania ($15,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Latvia (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $42,455 per ton, approximately mirroring the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 135%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($43,048 per ton), while the average price for exports to Lithuania totaled $30,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+10.9%).

Imports of Copper; Powders and Flakes in Latvia

In 2022, imports of copper; powders and flakeses into Latvia skyrocketed to 436 kg, picking up by 359% compared with 2021. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; powders and flakes imports soared to $14K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 188%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Powders and Flakes to Latvia in 2022:

1. Lithuania (301.0 kg)
2. China (52.0 kg)
3. Germany (27.0 kg)
4. United Kingdom (23.0 kg)
5. Italy (21.0 kg)
6. Russia (7.0 kg)

Exports of Copper; Powders and Flakes in Latvia

In 2022, shipments abroad of copper; powders and flakeses decreased by -86% to 22 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 115%. As a result, the exports reached the peak of 157 kg, and then shrank notably in the following year.

In value terms, copper; powders and flakes exports shrank sharply to $934 in 2022. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. As a result, the exports reached the peak of $6.6K, and then reduced remarkably in the following year.

Top Export Markets for Copper; Powders and Flakes from Latvia in 2022:

1. Russia (21.0 kg)
2. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform