Belarus - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 4, 2024

Belarus - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Copper Bar, Rod and Profile in Belarus - 2022

Contents:

  1. Price for Copper Bar, Rod and Profile in Belarus (CIF) - 2022
  2. Price for Copper Bar, Rod and Profile in Belarus (FOB) - 2022
  3. Imports of Copper Bar, Rod and Profile in Belarus
  4. Exports of Copper Bar, Rod and Profile in Belarus

Price for Copper Bar, Rod and Profile in Belarus (CIF) - 2022

The average import price for copper bars, rods and profiles stood at $7,107 per ton in March 2022, which is down by -14% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 16% m-o-m. As a result, import price reached the peak level of $8,700 per ton. From December 2021 to March 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($7,012 per ton), while the price for Uzbekistan totaled $7,000 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Bar, Rod and Profile in Belarus (FOB) - 2022

In 2022, the average export price for copper bars, rods and profiles amounted to $5,525 per ton, shrinking by -21.7% against the previous year. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $9,590 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($10,005 per ton), while the average price for exports to Russia ($3,059 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 Lithuania (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bar, Rod and Profile in Belarus

Copper bar, rod and profile imports into Belarus declined to 1.9K tons in 2022, which is down by -6.3% against 2021. In general, imports saw a abrupt slump. The smallest decline of -5.9% was in 2021.

In value terms, copper bar, rod and profile imports fell dramatically to $13M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of $18M, and then declined dramatically in the following year.

Import of Copper Bar, Rod and Profile in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10.710.013.710.1-1.9%
ChinaN/A3.32.31.7-28.2%
Ukraine1.60.50.70.7-24.1%
Others0.90.50.80.4-23.7%
Total13.214.317.613.0-0.5%

Top Suppliers of Copper Bar, Rod and Profile to Belarus in 2022:

  1. Russia (1673.7 tons)
  2. Ukraine (135.5 tons)
  3. China (83.7 tons)

Exports of Copper Bar, Rod and Profile in Belarus

In 2022, approx. 91 tons of copper bars, rods and profiles were exported from Belarus; picking up by 30% compared with the year before. Overall, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 107 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, copper bar, rod and profile exports expanded modestly to $503K in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of $542K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Copper Bar, Rod and Profile in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3634243894124.3%
Russia57.164.745.658.70.9%
Lithuania23.618.026.428.26.1%
Others3.134.931.13.54.1%
Total4475424925034.0%

Top Export Markets for Copper Bar, Rod and Profile from Belarus in 2022:

  1. Ukraine (68.6 tons)
  2. Russia (19.2 tons)
  3. Lithuania (2.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper bar, rod and profile in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)

Country coverage:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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