Copper; Master Alloys Price in Latvia - 2023

Contents:

  1. Copper; Master Alloys Price in Latvia (CIF) - 2022
  2. Copper; Master Alloys Imports in Latvia

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

The average copper; master alloys import price stood at $24,835 per ton in 2022, rising by 111% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($295,267 per ton), while the price for Poland ($15,531 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+55.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Imports in Latvia

In 2022, approx. 2.6 tons of copper; master alloyses were imported into Latvia; jumping by 119% on the previous year. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 325%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, copper; master alloys imports skyrocketed to $65K in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Master Alloys in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A48.40%
PolandN/A6.411.212.238.1%
Russia2.42.32.7N/A6.1%
OthersN/AN/A0.24.72250.0%
Total2.48.714.165.2200.6%

Top Suppliers of Copper; Master Alloys to Latvia in 2022:

  1. Belgium (1820.0 kg)
  2. Poland (786.0 kg)

Source: IndexBox Market Intelligence Platform

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