Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (CIF) - 2022
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $16,305 per ton in 2022, jumping by 63% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% 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; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +127.6% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($19,155 per ton), while the price for the Netherlands ($6,278 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $13,095 per ton in 2022, falling by -24.7% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2017 an increase of 69%. Over the period under review, the average export prices attained the maximum at $18,084 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($39,232 per ton), while the average price for exports to Russia ($11,645 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 Lithuania (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia
In 2022, overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -4.7% to 25 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 3.3%. As a result, imports attained the peak of 34 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s soared to $401K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 10.7 | 10.3 | 178 | 107.6% |
| Poland | 72.6 | 134 | 127 | 113 | 15.9% |
| Lithuania | 129 | 128 | 56.4 | 63.2 | -21.2% |
| Spain | 2.3 | 19.7 | 20.3 | 21.6 | 111.0% |
| Estonia | 9.8 | 5.5 | 16.0 | 6.3 | -13.7% |
| Czech Republic | 51.4 | N/A | N/A | N/A | 0% |
| Others | 36.4 | 11.7 | 28.0 | 19.0 | -19.5% |
| Total | 321 | 309 | 258 | 401 | 7.7% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Latvia in 2022:
- Germany (10.8 tons)
- Poland (7.7 tons)
- Lithuania (3.3 tons)
- Spain (1.4 tons)
- Estonia (0.8 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia
In 2022, approx. 18 tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were exported from Latvia; increasing by 193% against 2021 figures. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 368% against the previous year. As a result, the exports reached the peak of 40 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $231K in 2022. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 299% against the previous year. As a result, the exports reached the peak of $611K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 13.6 | 19.2 | 21.9 | 190 | 140.8% |
| Lithuania | 20.2 | 536 | 30.6 | 25.1 | 7.5% |
| Estonia | 21.8 | 5.5 | 4.4 | 7.5 | -29.9% |
| Belarus | 2.2 | 7.1 | 7.2 | 1.0 | -23.1% |
| Malta | 87.8 | N/A | N/A | N/A | 0% |
| Poland | 7.7 | 22.9 | 40.8 | N/A | 130.2% |
| Others | 0.1 | 20.6 | 0.1 | 7.2 | 316.0% |
| Total | 153 | 611 | 105 | 231 | 14.7% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Latvia in 2022:
- Russia (16.3 tons)
- Lithuania (0.6 tons)
- Estonia (0.6 tons)
- Belarus (0.1 tons)
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