Copper; Master Alloys Price in Russia - 2022

Contents:

1. Copper; Master Alloys Price in Russia (FOB) - 2022
2. Copper; Master Alloys Price in Russia (CIF) - 2022
3. Copper; Master Alloys Exports in Russia
4. Copper; Master Alloys Imports in Russia

Copper; Master Alloys Price in Russia (FOB) - 2022

The average copper; master alloys export price stood at $9,310 per ton in 2022, increasing by 11% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 43%. Over the period under review, the average export prices reached the peak figure at $10,294 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($10,994 per ton), while the average price for exports to Belarus amounted to $9,244 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Price in Russia (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $31,885 per ton, dropping by -27.3% against the previous year. Over the period under review, the import price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 152% against the previous year. As a result, import price attained the peak level of $43,884 per ton, and then fell sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +7.8% per year.

Copper; Master Alloys Exports in Russia

Copper; master alloys exports from Russia contracted dramatically to 111 tons in 2022, which is down by -49% compared with the previous year's figure. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 561% against the previous year. As a result, the exports reached the peak of 218 tons, and then reduced notably in the following year.

In value terms, copper; master alloys exports declined significantly to $1M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 679%. As a result, the exports reached the peak of $1.8M, and then reduced rapidly in the following year.

Top Export Markets for Copper; Master Alloys from Russia in 2022:

1. Belarus (106.8 tons)
2. Kazakhstan (4.2 tons)

Copper; Master Alloys Imports in Russia

Copper; master alloys imports into Russia expanded significantly to 37 tons in 2022, growing by 13% against 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper; master alloys imports declined significantly to $1.2M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of $1.4M, and then fell rapidly in the following year.

Top Suppliers of Copper; Master Alloys to Russia in 2022:

1. Kazakhstan (36.6 tons)

Source: IndexBox Market Intelligence Platform