Price for Copper Oxides and Hydroxides in Romania - 2023

Contents:

1. Price for Copper Oxides and Hydroxides in Romania (CIF) - 2023
2. Price for Copper Oxides and Hydroxides in Romania (FOB) - 2022
3. Imports of Copper Oxides and Hydroxides in Romania
4. Exports of Copper Oxides and Hydroxides in Romania

Price for Copper Oxides and Hydroxides in Romania (CIF) - 2023

In June 2023, the average copper oxides and hydroxides import price amounted to $11,200 per ton, rising by 1.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 33% month-to-month. As a result, import price attained the peak level of $11,891 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($11,228 per ton), while the price for Poland stood at $10,241 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Oxides and Hydroxides in Romania (FOB) - 2022

The average copper oxides and hydroxides export price stood at $60,000 per ton in 2022, stabilizing at the previous year. In general, the export price posted a significant increase. The growth pace was the most rapid in 2020 an increase of 115%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +158.7% per year.

Imports of Copper Oxides and Hydroxides in Romania

In 2022, imports of copper oxides and hydroxideses into Romania stood at 233 tons, with an increase of 11% against the year before. Over the period under review, imports, however, saw a pronounced setback.

In value terms, copper oxides and hydroxides imports stood at $2.3M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Copper Oxides and Hydroxides to Romania in 2022:

1. Belgium (188.4 tons)
2. China (40.0 tons)

Exports of Copper Oxides and Hydroxides in Romania

In 2022, overseas shipments of copper oxides and hydroxideses decreased by 0% to 1 kg, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 452% against the previous year. As a result, the exports reached the peak of 149 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper oxides and hydroxides exports stood at $60 in 2022. Overall, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1,088% against the previous year. As a result, the exports reached the peak of $2.6K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Copper Oxides and Hydroxides from Romania in 2022:

1. Hungary (1.0 kg)

Source: IndexBox Market Intelligence Platform