Price for Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (CIF) - 2024
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (FOB) - 2024
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (CIF) - 2024
In February 2024, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $12,312 per ton, dropping by -15.4% against the previous month. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 20% m-o-m. As a result, import price attained the peak level of $14,553 per ton, and then reduced remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($18,335 per ton), while the price for Denmark ($10,607 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (FOB) - 2024
In February 2024, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $18,892 per ton, falling by -21.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 224% m-o-m. As a result, the export price attained the peak level of $31,961 per ton. From September 2023 to February 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In February 2024, the country with the highest price was Latvia ($20,304 per ton), while the average price for exports to Germany ($17,444 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania
In 2022, the amount of copper; bars, rods and profiles, of refined coppers imported into Lithuania soared to 336 tons, rising by 32% compared with the previous year's figure. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of refined coppers soared to $3.8M in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,632 | 1,808 | 2,505 | 3,350 | 27.1% |
Germany | 121 | 133 | 178 | 250 | 27.4% |
Denmark | 23.1 | 40.3 | 78.6 | 109 | 67.7% |
Netherlands | 17.7 | 12.0 | 20.5 | 29.1 | 18.0% |
Finland | 62.0 | 85.7 | 33.1 | 0.1 | -88.3% |
Others | 97.2 | 42.8 | 37.4 | 69.8 | -10.5% |
Total | 1,953 | 2,122 | 2,853 | 3,808 | 24.9% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Lithuania in 2022:
- Poland (302.0 tons)
- Germany (16.1 tons)
- Denmark (9.0 tons)
- Netherlands (6.1 tons)
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania
Exports of copper; bars, rods and profiles, of refined coppers from Lithuania soared to 56 tons in 2022, jumping by 102% against the previous year. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of refined coppers soared to $660K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Copper; Bars, Rods and Profiles, of Refined Copper in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 57.4 | 73.2 | 98.3 | 323 | 77.9% |
Poland | 108 | 94.9 | 122 | 157 | 13.3% |
Kazakhstan | 3.4 | 1.2 | 4.4 | 52.9 | 149.6% |
Russia | 2.3 | 25.2 | 65.2 | 49.4 | 178.0% |
Estonia | 21.7 | 30.8 | 27.8 | 31.8 | 13.6% |
Netherlands | N/A | 10.6 | 12.4 | 25.8 | 56.0% |
Ukraine | 18.8 | N/A | N/A | 0.1 | -82.5% |
Others | 18.4 | 9.1 | 23.4 | 19.4 | 1.8% |
Total | 230 | 245 | 353 | 660 | 42.1% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Lithuania in 2022:
- Latvia (28.4 tons)
- Poland (17.6 tons)
- Russia (2.8 tons)
- Estonia (1.9 tons)
- Kazakhstan (1.9 tons)
- Netherlands (1.8 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Lithuania.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Lithuania.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Lithuania.
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