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

Contents:

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

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

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $18,096 per ton in 2022, reducing by -17.7% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 60%. As a result, the export price attained the peak level of $21,985 per ton, and then plummeted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($22,167 per ton), while the average price for exports to Italy ($11,237 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 Italy (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In December 2021, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $14,137 per ton, which is down by -5.4% against the previous month. Overall, import price indicated modest growth from January 2021 to December 2021: its price increased at an average monthly rate of +1.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for copper; cast, moulded, stamped or forged, but not further worked decreased by -23.9% against October 2021 indices. The pace of growth was the most pronounced in May 2021 when the average import price increased by 109% against the previous month. The import price peaked at $18,570 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($30,755 per ton), while the price for Italy ($5,725 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by France (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -5.3% to 163 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 172 tons, and then shrank in the following year.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked reduced rapidly to $3M in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports attained the peak of $3.8M, and then reduced markedly in the following year.

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

1. Germany (76.7 tons)
2. Italy (28.1 tons)
3. Hungary (16.3 tons)
4. Czech Republic (10.0 tons)
5. Croatia (7.4 tons)
6. Poland (5.6 tons)
7. Spain (5.3 tons)

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

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Romania declined to 188 tons, with a decrease of -9.9% against the previous year's figure. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked plummeted to $2M in 2022. In general, imports showed a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $2.5M, and then fell significantly in the following year.

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

1. Italy (74.7 tons)
2. Germany (74.0 tons)
3. Hungary (11.9 tons)
4. Bulgaria (8.7 tons)
5. Czech Republic (7.4 tons)
6. France (5.5 tons)

Source: IndexBox Market Intelligence Platform