Price for Copper; Powders and Flakes in Russia - 2022

Contents:

1. Price for Copper; Powders and Flakes in Russia (FOB) - 2022
2. Price for Copper; Powders and Flakes in Russia (CIF) - 2022
3. Exports of Copper; Powders and Flakes in Russia
4. Imports of Copper; Powders and Flakes in Russia

Price for Copper; Powders and Flakes in Russia (FOB) - 2022

In January 2022, the average copper; powders and flakes export price amounted to $10,515 per ton, waning by -1.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in November 2021 an increase of 41% against the previous month. As a result, the export price reached the peak level of $14,723 per ton. From December 2021 to January 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($11,201 per ton), while the average price for exports to Belarus ($6,325 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Copper; Powders and Flakes in Russia (CIF) - 2022

The average copper; powders and flakes import price stood at $24,109 per ton in 2022, picking up by 36% against the previous year. Overall, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2014 an increase of 626%. As a result, import price attained the peak level of $136,578 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($24,424 per ton), while the price for China totaled $23,678 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Powders and Flakes in Russia

In 2022, exports of copper; powders and flakeses from Russia declined notably to 2.6K tons, with a decrease of -48.8% on 2021. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of 5.1K tons, and then declined remarkably in the following year.

In value terms, copper; powders and flakes exports reduced remarkably to $27M in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $52M, and then declined significantly in the following year.

Top Export Markets for Copper; Powders and Flakes from Russia in 2022:

1. Germany (2483.8 tons)
2. Belarus (78.2 tons)
3. Ukraine (66.0 tons)

Imports of Copper; Powders and Flakes in Russia

In 2022, approx. 49 tons of copper; powders and flakeses were imported into Russia; reducing by -36.4% on 2021 figures. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 77 tons, and then reduced sharply in the following year.

In value terms, copper; powders and flakes imports fell to $1.2M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $1.4M, and then reduced in the following year.

Top Suppliers of Copper; Powders and Flakes to Russia in 2022:

1. Germany (28.2 tons)
2. China (20.6 tons)

Source: IndexBox Market Intelligence Platform