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

Contents:

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

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

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $12,433 per ton in 2022, picking up by 19% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($14,269 per ton) and Turkey ($12,176 per ton), while the price for Germany ($10,679 per ton) and Russia ($11,282 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.2%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $10,349 per ton, growing by 4.4% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($10,680 per ton), while the average price for exports to Estonia ($10,266 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 the UK (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, when their volume decreased by -60% to 79 tons. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 198 tons, and then reduced sharply in the following year.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses declined markedly to $983K in 2022. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $2.1M, and then shrank notably in the following year.

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

1. Poland (31.2 tons)
2. Germany (23.6 tons)
3. Czech Republic (13.8 tons)
4. Turkey (6.5 tons)
5. Russia (3.9 tons)

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

In 2022, shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses was finally on the rise to reach 16 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses rose remarkably to $170K in 2022. Overall, exports, however, saw a pronounced downturn.

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

1. Latvia (9.6 tons)
2. Estonia (5.2 tons)
3. United Kingdom (1.6 tons)

Source: IndexBox Market Intelligence Platform