Price for Copper; Refined, Unwrought, Wire-Bars in Russia - 2021

Contents:

1. Price for Copper; Refined, Unwrought, Wire-Bars in Russia (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Wire-Bars in Russia (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Wire-Bars in Russia
4. Imports of Copper; Refined, Unwrought, Wire-Bars in Russia

Price for Copper; Refined, Unwrought, Wire-Bars in Russia (FOB) - 2022

In 2022, the average copper; refined, unwrought, wire-bars export price amounted to $10,830 per ton, approximately mirroring the previous year. In general, the export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2018 an increase of 2.6% against the previous year. Over the period under review, the average export prices hit record highs at $11,100 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +14.0% per year.

Price for Copper; Refined, Unwrought, Wire-Bars in Russia (CIF) - 2022

The average copper; refined, unwrought, wire-bars import price stood at $7,689 per ton in 2020, growing by 2.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 55%. The import price peaked at $8,212 per ton in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Serbia amounted to +1.0% per year.

Exports of Copper; Refined, Unwrought, Wire-Bars in Russia

In 2022, after two years of growth, there was significant decline in overseas shipments of copper; refined, unwrought, wire-barses, when their volume decreased by -49.1% to 270 kg. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,200%. As a result, the exports reached the peak of 530 kg, and then shrank sharply in the following year.

In value terms, copper; refined, unwrought, wire-bars exports declined markedly to $2.9K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 5,069% against the previous year. As a result, the exports reached the peak of $5.7K, and then reduced notably in the following year.

Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from Russia in 2022:

1. Kazakhstan (270.0 kg)

Imports of Copper; Refined, Unwrought, Wire-Bars in Russia

In 2020, imports of copper; refined, unwrought, wire-barses into Russia skyrocketed to 39 tons, jumping by 131% compared with 2019. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; refined, unwrought, wire-bars imports skyrocketed to $303K in 2020. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Russia in 2022:

1. Serbia (39.4 tons)

Source: IndexBox Market Intelligence Platform