Sulphates; of Copper Price in Lithuania - 2023

Contents:

  1. Sulphates; of Copper Price in Lithuania (CIF) - 2022
  2. Sulphates; of Copper Price in Lithuania (FOB) - 2022
  3. Sulphates; of Copper Imports in Lithuania
  4. Sulphates; of Copper Exports in Lithuania

Sulphates; of Copper Price in Lithuania (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $2,614 per ton, with an increase of 7.5% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($2,926 per ton) and Russia ($2,832 per ton), while the price for Poland ($2,300 per ton) and Turkey ($2,830 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Lithuania (FOB) - 2022

The average sulphates; of copper export price stood at $2,930 per ton in 2022, picking up by 8.9% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price increased by +30.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 30%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,265 per ton), while the average price for exports to Latvia ($2,829 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 Belgium (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Imports in Lithuania

In 2022, the amount of sulphates; of coppers imported into Lithuania fell rapidly to 235 tons, declining by -61.7% against the year before. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 613 tons, and then dropped dramatically in the following year.

In value terms, sulphates; of copper imports declined dramatically to $614K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 107% against the previous year. As a result, imports attained the peak of $1.5M, and then shrank rapidly in the following year.

Import of Sulphates; of Copper in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland540586778240-23.7%
Russia19380.8265184-1.6%
Turkey37.744.2N/A14255.6%
NetherlandsN/AN/A0.134.534400.0%
UzbekistanN/AN/A409N/A0%
Others16.011.039.014.1-4.1%
Total7877221,492614-7.9%

Top Suppliers of Sulphates; of Copper to Lithuania in 2022:

  1. Poland (104.4 tons)
  2. Russia (65.0 tons)
  3. Turkey (50.0 tons)
  4. Netherlands (11.8 tons)

Sulphates; of Copper Exports in Lithuania

In 2022, approx. 52 tons of sulphates; of coppers were exported from Lithuania; with a decrease of -77.4% against the previous year. Over the period under review, exports saw a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of 228 tons, and then declined dramatically in the following year.

In value terms, sulphates; of copper exports dropped dramatically to $151K in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 136% against the previous year. As a result, the exports attained the peak of $614K, and then fell rapidly in the following year.

Export of Sulphates; of Copper in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia24921438989.9-28.8%
Estonia2.416.89.828.4127.9%
PolandN/AN/A91.724.5-73.3%
Russia30.621.340.94.3-48.0%
GermanyN/AN/A70.7N/A0%
Others3.78.011.13.91.8%
Total286260614151-19.2%

Top Export Markets for Sulphates; of Copper from Lithuania in 2022:

  1. Latvia (31.8 tons)
  2. Estonia (9.6 tons)
  3. Poland (8.6 tons)
  4. Russia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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