Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania - 2023

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania (CIF) - 2022

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $16,282 per ton in 2022, rising by 11% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +36.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 58%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23,011 per ton), while the price for Uzbekistan ($9,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $12,351 per ton, increasing by 40% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $12,481 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($26,487 per ton), while the average price for exports to the UK ($10,757 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 Kazakhstan (+24.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania

In 2022, approx. 46 tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Lithuania; increasing by 16% on the previous year. Overall, imports, however, showed a perceptible descent.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses skyrocketed to $750K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Lithuania in 2022:

1. United Kingdom (21.4 tons)
2. Germany (12.7 tons)
3. Finland (4.2 tons)
4. Italy (3.0 tons)
5. Turkey (2.0 tons)
6. Uzbekistan (1.9 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Lithuania

In 2022, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -82.8% to 2.1 tons, falling for the second year in a row after two years of growth. In general, exports showed a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses fell markedly to $26K in 2022. Overall, exports showed a significant decline. The smallest decline of -14.4% was in 2020.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Lithuania in 2022:

1. United Kingdom (1047.0 kg)
2. Latvia (865.0 kg)
3. Kyrgyzstan (150.0 kg)
4. Kazakhstan (39.0 kg)

Source: IndexBox Market Intelligence Platform