Copper; Master Alloys Price in Serbia - 2023

Contents:

  1. Copper; Master Alloys Price in Serbia (CIF) - 2022
  2. Copper; Master Alloys Price in Serbia (FOB) - 2022
  3. Copper; Master Alloys Imports in Serbia
  4. Copper; Master Alloys Exports in Serbia

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

The average copper; master alloys import price stood at $17,910 per ton in 2022, increasing by 52% against the previous year. In general, the import price showed a prominent increase. The growth pace was the most rapid in 2020 an increase of 55% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($18,750 per ton), while the price for Germany amounted to $11,735 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.0%), while the prices for the other major suppliers experienced a decline.

Copper; Master Alloys Price in Serbia (FOB) - 2022

In 2022, the average copper; master alloys export price amounted to $12,412 per ton, waning by -12.8% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2021 an increase of 108%. Over the period under review, the average export prices attained the peak figure at $23,650 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -2.2% per year.

Copper; Master Alloys Imports in Serbia

In 2022, copper; master alloys imports into Serbia reduced rapidly to 568 kg, waning by -91.9% compared with 2021 figures. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 245% against the previous year.

In value terms, copper; master alloys imports dropped markedly to $10K in 2022. Over the period under review, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 306% against the previous year.

Import of Copper; Master Alloys in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A9.40%
GermanyN/A10.161.30.8-71.9%
Belgium2676.321.2N/A-71.8%
Others0.24.00.3N/A22.5%
Total26720.482.810.2-66.3%

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

  1. India (500.0 kg)
  2. Germany (68.0 kg)

Copper; Master Alloys Exports in Serbia

In 2022, approx. 3.8 tons of copper; master alloyses were exported from Serbia; picking up by 2,195% on the previous year. In general, exports enjoyed noticeable growth.

In value terms, copper; master alloys exports soared to $47K in 2022. Over the period under review, exports saw a remarkable increase.

Export of Copper; Master Alloys in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia3.72.01.146.7132.8%
Russia29.689.1N/AN/A201.0%
OthersN/AN/A1.2N/A0%
Total33.391.12.346.711.9%

Top Export Markets for Copper; Master Alloys from Serbia in 2022:

  1. North Macedonia (3.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; master alloys - Serbia