Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia - 2023

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia (CIF) - 2022

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $16,845 per ton in 2022, picking up by 25% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +42.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52%. As a result, import price attained the peak level of $16,967 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($24,076 per ton), while the price for Lithuania ($12,206 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia (FOB) - 2022

The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $26,943 per ton in 2022, surging by 61% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 535% against the previous year. As a result, the export price attained the peak level of $59,607 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($92,333 per ton), while the average price for exports to Lithuania ($15,396 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 Finland (+29.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia

In 2022, supplies from abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -6.5% to 5.5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 8.2%. As a result, imports attained the peak of 5.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses skyrocketed to $92K in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Estonia in 2022:

1. Lithuania (1557.0 kg)
2. Italy (1186.0 kg)
3. Poland (958.0 kg)
4. Germany (916.0 kg)
5. Finland (383.0 kg)
6. United Kingdom (210.0 kg)
7. Russia (154.0 kg)
8. France (1.0 kg)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Estonia

In 2022, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses from Estonia declined significantly to 743 kg, shrinking by -32.7% on 2021. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 143%.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses rose remarkably to $20K in 2022. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 101%.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Estonia in 2022:

1. Latvia (662.0 kg)
2. Lithuania (48.0 kg)
3. Finland (33.0 kg)

Source: IndexBox Market Intelligence Platform