Price for Copper; Refined and Copper Alloys, Unwrought in Belarus - 2022

Contents:

  1. Price for Copper; Refined and Copper Alloys, Unwrought in Belarus (CIF) - 2022
  2. Price for Copper; Refined and Copper Alloys, Unwrought in Belarus (FOB) - 2022
  3. Imports of Copper; Refined and Copper Alloys, Unwrought in Belarus
  4. Exports of Copper; Refined and Copper Alloys, Unwrought in Belarus

Price for Copper; Refined and Copper Alloys, Unwrought in Belarus (CIF) - 2022

The average import price for copper; refined and copper alloys, unwroughts stood at $5,523 per ton in March 2022, shrinking by -39.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 35% against the previous month. As a result, import price attained the peak level of $9,084 per ton, and then dropped sharply in the following month.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to -0.6% per month.

Price for Copper; Refined and Copper Alloys, Unwrought in Belarus (FOB) - 2022

In March 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $6,374 per ton, dropping by -2.6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 5.2% m-o-m. Over the period under review, the average export prices reached the maximum at $6,547 per ton in February 2022, and then dropped in the following month.

Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were Italy ($8,023 per ton) and China ($6,788 per ton), while the average price for exports to Poland ($5,979 per ton) and Lithuania ($6,122 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Refined and Copper Alloys, Unwrought in Belarus

In 2022, approx. 11K tons of copper; refined and copper alloys, unwroughts were imported into Belarus; with an increase of 11% compared with 2021 figures. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of copper; refined and copper alloys, unwroughts dropped slightly to $59M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 195% against the previous year. As a result, imports reached the peak of $60M, and then declined slightly in the following year.

Import of Copper; Refined and Copper Alloys, Unwrought in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia26.319.259.159.131.0%
OthersN/A1.21.00.1-71.1%
Total26.320.360.159.231.1%

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Belarus in 2022:

  1. Russia (11.4K tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in Belarus

After three years of growth, overseas shipments of copper; refined and copper alloys, unwroughts decreased by -88.7% to 2.4K tons in 2022. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 38%.

In value terms, exports of copper; refined and copper alloys, unwroughts shrank dramatically to $16M in 2022. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $128M, and then reduced remarkably in the following year.

Export of Copper; Refined and Copper Alloys, Unwrought in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania53.275.484.212.9-37.6%
Latvia4.73.416.82.6-17.9%
GermanyN/AN/A10.0N/A0%
PolandN/A0.113.8N/A13700.0%
Others0.30.12.8N/A205.5%
Total58.279.112815.5-35.7%

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Belarus in 2022:

  1. Lithuania (2031.0 tons)
  2. Latvia (377.7 tons)

Source: IndexBox Market Intelligence Platform

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