Price for Copper Plates, Sheets and Strip in Romania - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in Romania (CIF) - 2023
- Price for Copper Plates, Sheets and Strip in Romania (FOB) - 2023
- Imports of Copper Plates, Sheets and Strip in Romania
- Exports of Copper Plates, Sheets and Strip in Romania
Price for Copper Plates, Sheets and Strip in Romania (CIF) - 2023
The average import price for copper plates, sheets and strips stood at $19,359 per ton in July 2023, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 38% against the previous month. As a result, import price attained the peak level of $21,467 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($87,249 per ton), while the price for Bulgaria ($10,599 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Romania (FOB) - 2023
In July 2023, the average export price for copper plates, sheets and strips amounted to $12,886 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price saw a noticeable descent. The growth pace was the most rapid in October 2022 when the average export price increased by 85% m-o-m. As a result, the export price reached the peak level of $24,867 per ton. From November 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($224K per ton), while the average price for exports to Ukraine ($9,060 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Romania
Copper plates, sheets and strip imports into Romania totaled 3.7K tons in 2022, with an increase of 12% on the previous year. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, copper plates, sheets and strip imports surged to $53M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +86.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Copper Plates, Sheets and Strip in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.1 | 14.8 | 19.9 | 23.9 | 16.5% |
| Japan | N/A | 0.3 | 2.6 | 9.7 | 468.6% |
| France | 10.1 | 5.4 | 5.1 | 6.1 | -15.5% |
| Italy | 1.8 | 2.3 | 3.9 | 4.8 | 38.7% |
| Bulgaria | 4.2 | 2.6 | 4.3 | 3.8 | -3.3% |
| Serbia | 0.8 | 0.9 | 0.9 | 1.1 | 11.2% |
| Turkey | 0.5 | 0.7 | 1.2 | 1.0 | 26.0% |
| Others | 1.1 | 1.3 | 3.7 | 2.1 | 24.1% |
| Total | 33.6 | 28.2 | 41.5 | 52.6 | 16.1% |
Top Suppliers of Copper Plates, Sheets and Strip to Romania in 2022:
- Germany (1935.9 tons)
- Italy (436.4 tons)
- France (426.8 tons)
- Bulgaria (399.8 tons)
- Serbia (108.4 tons)
- Japan (108.1 tons)
- Turkey (101.3 tons)
Exports of Copper Plates, Sheets and Strip in Romania
Copper plates, sheets and strip exports from Romania shrank to 287 tons in 2022, waning by -5.5% on the previous year. Overall, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 141%. As a result, the exports reached the peak of 304 tons, and then declined in the following year.
In value terms, copper plates, sheets and strip exports skyrocketed to $5.2M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 197%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Copper Plates, Sheets and Strip in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | 1,023 | 2,270 | 121.9% |
| Hungary | 320 | 270 | 1,188 | 1,109 | 51.3% |
| Austria | 0.9 | 159 | 450 | 565 | 756.3% |
| France | 294 | 270 | 328 | 323 | 3.2% |
| Ukraine | N/A | N/A | N/A | 284 | 0% |
| Poland | 403 | 69.5 | 157 | 159 | -26.7% |
| Germany | 264 | 96.3 | 522 | 137 | -19.6% |
| Italy | 176 | 109 | 123 | 89.4 | -20.2% |
| Serbia | 438 | 354 | 433 | 17.0 | -66.1% |
| Others | 194 | 165 | 209 | 256 | 9.7% |
| Total | 2,090 | 1,493 | 4,433 | 5,210 | 35.6% |
Top Export Markets for Copper Plates, Sheets and Strip from Romania in 2022:
- Vietnam (57.2 tons)
- Hungary (54.9 tons)
- Austria (47.9 tons)
- France (37.4 tons)
- Ukraine (36.3 tons)
- Germany (23.8 tons)
- Poland (12.1 tons)
- Italy (3.0 tons)
- Serbia (1.5 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Romania.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
