Price for Copper; Powders and Flakes in Romania - 2023

Contents:

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

Price for Copper; Powders and Flakes in Romania (CIF) - 2023

The average copper; powders and flakes import price stood at $16,488 per ton in July 2023, increasing by 28% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($19,053 per ton), while the price for Italy ($10,843 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 Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Romania (FOB) - 2022

The average copper; powders and flakes export price stood at $15,256 per ton in 2022, jumping by 106% against the previous year. Over the period under review, the export price recorded a significant increase. The growth pace was the most rapid in 2013 an increase of 1,071%. As a result, the export price reached the peak level of $21,098 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($59,780 per ton), while the average price for exports to Spain ($1,500 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 Bulgaria (+151.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Romania

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper; powders and flakeses, when their volume increased by 13% to 478 tons. In general, imports, however, showed a abrupt decline.

In value terms, copper; powders and flakes imports soared to $6M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Powders and Flakes in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,5602,2822,8463,08925.6%
Italy2,2841,3401,2721,011-23.8%
France42.434.8127658149.4%
Belgium5383621615681.8%
United Kingdom580431401489-5.5%
United StatesN/AN/A81.1192136.7%
Others10.98.04.118.118.4%
Total5,0164,4584,8916,0246.3%

Top Suppliers of Copper; Powders and Flakes to Romania in 2022:

  1. Germany (234.2 tons)
  2. Italy (91.8 tons)
  3. France (52.9 tons)
  4. Belgium (50.9 tons)
  5. United Kingdom (33.5 tons)
  6. United States (14.5 tons)

Exports of Copper; Powders and Flakes in Romania

Copper; powders and flakes exports from Romania plummeted to 12 tons in 2022, with a decrease of -78.5% against 2021 figures. Overall, exports faced a precipitous slump. The smallest decline of -2.9% was in 2021.

In value terms, copper; powders and flakes exports shrank notably to $180K in 2022. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, the exports reached the peak of $411K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Copper; Powders and Flakes in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.2348356117360.3%
BulgariaN/AN/A24.235.145.0%
Moldova12.610.6N/A13.21.6%
Italy99.451.916.24.5-64.4%
Spain1330.13.9N/A-82.9%
Others1.8N/A5.010.077.1%
Total248411405180-10.1%

Top Export Markets for Copper; Powders and Flakes from Romania in 2022:

  1. Spain (undefined tons)
  2. Germany (10.1 tons)
  3. Italy (0.7 tons)
  4. Bulgaria (0.6 tons)
  5. Moldova (0.3 tons)

Source: IndexBox Market Intelligence Platform

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