Price for Copper; Refined and Copper Alloys, Unwrought in Ukraine - 2023

Contents:

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

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

In 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $8,434 per ton, remaining constant against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; refined and copper alloys, unwroughts increased by +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $8,530 per ton, and then fell slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($9,911 per ton), while the average price for exports to Finland ($5,824 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 Russia (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; refined and copper alloys, unwroughts amounted to $15,884 per ton, increasing by 68% against the previous year. In general, the import price recorded a strong expansion. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was France ($66,317 per ton), while the price for the United States ($11,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of copper; refined and copper alloys, unwroughts, when their volume decreased by -66.6% to 816 tons. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 137%.

In value terms, exports of copper; refined and copper alloys, unwroughts fell sharply to $6.9M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 218% against the previous year. As a result, the exports attained the peak of $21M, and then fell rapidly in the following year.

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

1. Russia (256.7 tons)
2. Turkey (222.2 tons)
3. Germany (203.5 tons)
4. Finland (122.8 tons)

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

For the third year in a row, Ukraine recorded decline in overseas purchases of copper; refined and copper alloys, unwroughts, which decreased by -97.1% to 6.9 tons in 2022. In general, imports faced a sharp descent. The smallest decline of -21.5% was in 2020.

In value terms, imports of copper; refined and copper alloys, unwroughts declined sharply to $109K in 2022. Over the period under review, imports showed a precipitous decline. The smallest decline of -19.1% was in 2020.

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

1. Poland (3.9 tons)
2. United States (2.0 tons)
3. Italy (0.4 tons)
4. France (0.3 tons)
5. Estonia (0.2 tons)

Source: IndexBox Market Intelligence Platform