Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $4,600 per ton in 2022, picking up by 2.2% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 171%. The import price peaked at $39,273 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($33,613 per ton), while the price for Estonia ($1,834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $23,401 per ton in 2022, waning by -31.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 64%. The export price peaked at $46,442 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($28,339 per ton), while the average price for exports to Belarus ($17,196 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 Russia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania

In 2022, approx. 133 tons of copper; cast, moulded, stamped or forged, but not further worked were imported into Lithuania; growing by 4.1% compared with 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 111%. As a result, imports reached the peak of 144 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked rose sharply to $612K in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of $649K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Lithuania in 2022:

1. Estonia (117.0 tons)
2. Italy (12.6 tons)
3. France (2.9 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Lithuania

Exports of copper; cast, moulded, stamped or forged, but not further worked from Lithuania soared to 20 tons in 2022, rising by 53% on the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked rose markedly to $471K in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, the exports attained the peak of $495K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Lithuania in 2022:

1. Russia (15.9 tons)
2. Sweden (2.2 tons)
3. Australia (0.9 tons)
4. France (0.8 tons)

Source: IndexBox Market Intelligence Platform