Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $10,520 per ton, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2017 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained the peak figure at $12,207 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($23,046 per ton), while the price for Turkey ($7,792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $15,945 per ton in 2022, rising by 120% against the previous year. Overall, the export price enjoyed a tangible expansion. Over the period under review, the average export prices attained the maximum at $18,091 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($17,689 per ton), while the average price for exports to Estonia ($11,044 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 Latvia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania
In 2022, approx. 113 tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were imported into Lithuania; surging by 43% against the previous year's figure. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $1.2M in 2022. Overall, imports showed a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 616 | 86.0 | 72.6 | 394 | -13.8% |
Poland | 237 | 273 | 366 | 382 | 17.2% |
Turkey | N/A | N/A | 19.0 | 149 | 684.2% |
Germany | 128 | 94.0 | 176 | 137 | 2.3% |
Latvia | 23.7 | 24.3 | 43.1 | 68.4 | 42.4% |
Spain | 21.6 | 13.7 | 8.8 | 30.6 | 12.3% |
Denmark | 26.4 | 34.4 | 26.2 | 10.4 | -26.7% |
Others | 32.8 | 24.5 | 16.7 | 18.3 | -17.7% |
Total | 1,086 | 550 | 729 | 1,189 | 3.1% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Lithuania in 2022:
- Poland (43.8 tons)
- Italy (31.9 tons)
- Turkey (19.1 tons)
- Germany (10.7 tons)
- Latvia (3.0 tons)
- Spain (2.7 tons)
- Denmark (0.9 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania
Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Lithuania reduced rapidly to 38 tons in 2022, waning by -60.8% against the previous year. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 395%. As a result, the exports reached the peak of 97 tons, and then shrank sharply in the following year.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s contracted to $607K in 2022. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 218% against the previous year.
Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 632 | 69.8 | 102 | 427 | -12.3% |
Uzbekistan | N/A | 1.7 | 0.6 | 75.3 | 565.5% |
Latvia | 22.4 | 27.8 | 39.6 | 34.8 | 15.8% |
Kazakhstan | 5.4 | 6.8 | 12.5 | 25.1 | 66.9% |
Estonia | 6.3 | 27.7 | 34.3 | 16.0 | 36.4% |
Belarus | 68.8 | 40.7 | 2.4 | 2.6 | -66.4% |
China | N/A | N/A | 503 | N/A | 0% |
Others | 43.9 | 46.5 | 8.6 | 26.0 | -16.0% |
Total | 778 | 221 | 703 | 607 | -7.9% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Lithuania in 2022:
- Russia (27.8 tons)
- Uzbekistan (4.3 tons)
- Latvia (2.5 tons)
- Estonia (1.4 tons)
- Kazakhstan (1.4 tons)
- Belarus (0.2 tons)
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Lithuania.
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