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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $10,107 per ton in 2022, declining by -6.8% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% 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; cast, moulded, stamped or forged, but not further worked increased by +54.4% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $10,843 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($17,957 per ton), while the price for the Czech Republic stood at $9,328 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $9,880 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 86%. Over the period under review, the average export prices hit record highs at $19,638 per ton in 2016; however, from 2017 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 Italy ($55,000 per ton), while the average price for exports to the Czech Republic ($6,399 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 (+20.8%), 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 Serbia

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked imported into Serbia reduced notably to 120 tons, which is down by -28% on 2021 figures. Overall, imports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 127% against the previous year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked dropped remarkably to $1.2M in 2022. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 192%.

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

1. Czech Republic (112.6 tons)
2. Turkey (2.2 tons)
3. Belgium (1.6 tons)

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

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked exported from Serbia shrank sharply to 1.6 tons, reducing by -41.5% on 2021. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 536%. As a result, the exports reached the peak of 2.7 tons, and then contracted significantly in the following year.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked dropped markedly to $15K in 2022. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 444% against the previous year.

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

1. Czech Republic (929.0 kg)
2. Netherlands (404.0 kg)
3. Bosnia and Herzegovina (106.0 kg)
4. Slovenia (28.0 kg)
5. Italy (21.0 kg)

Source: IndexBox Market Intelligence Platform