Copper; Master Alloys Price in Estonia - 2023

Copper; Master Alloys Price in Estonia (CIF) - 2022

The average copper; master alloys import price stood at $30,629 per ton in 2022, falling by -61.6% against the previous year. In general, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 3,296% against the previous year. Over the period under review, average import prices reached the peak figure at $178,143 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($187,000 per ton), while the price for Belgium stood at $15,969 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.9%).

Copper; Master Alloys Imports in Estonia

For the third consecutive year, Estonia recorded growth in overseas purchases of copper; master alloyses, which increased by 52% to 35 kg in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; master alloys imports dropped notably to $1.1K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 193% against the previous year. As a result, imports reached the peak of $1.8K, and then shrank rapidly in the following year.