Price for Copper Oxides and Hydroxides in Serbia - 2023

Contents:

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

Price for Copper Oxides and Hydroxides in Serbia (CIF) - 2022

The average copper oxides and hydroxides import price stood at $8,892 per ton in 2022, picking up by 5.9% against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 50%. The import price peaked at $12,579 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($15,993 per ton), while the price for Germany amounted to $8,444 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+34.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average copper oxides and hydroxides export price amounted to $7,449 per ton, increasing by 40% against the previous year. Overall, the export price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 155%. As a result, the export price reached the peak level of $18,230 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to -4.1% per year.

Imports of Copper Oxides and Hydroxides in Serbia

Copper oxides and hydroxides imports into Serbia contracted rapidly to 12 tons in 2022, which is down by -47.2% against 2021 figures. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. As a result, imports reached the peak of 22 tons, and then declined remarkably in the following year.

In value terms, copper oxides and hydroxides imports reduced notably to $104K in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, imports reached the peak of $186K, and then shrank dramatically in the following year.

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

1. Germany (11.3 tons)
2. Spain (0.4 tons)

Exports of Copper Oxides and Hydroxides in Serbia

In 2022, overseas shipments of copper oxides and hydroxideses decreased by -11% to 1 tons, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 5.8% against the previous year. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper oxides and hydroxides exports soared to $7.5K in 2022. Overall, exports continue to indicate a perceptible downturn.

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

1. Montenegro (1.0 tons)

Source: IndexBox Market Intelligence Platform