Price for Copper Plates, Sheets and Strip in Lithuania - 2023

Contents:

1. Price for Copper Plates, Sheets and Strip in Lithuania (CIF) - 2022
2. Price for Copper Plates, Sheets and Strip in Lithuania (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in Lithuania
4. Exports of Copper Plates, Sheets and Strip in Lithuania

Price for Copper Plates, Sheets and Strip in Lithuania (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $12,384 per ton in 2022, with an increase of 2.2% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip import price increased by +54.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 51%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($19,233 per ton), while the price for Finland ($11,451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Lithuania (FOB) - 2022

In 2022, the average export price for copper plates, sheets and strips amounted to $17,148 per ton, rising by 8.9% against the previous year. Overall, the export price posted a perceptible increase. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 Russia ($32,005 per ton), while the average price for exports to the UK ($11,673 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 Germany (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Lithuania

In 2022, approx. 520 tons of copper plates, sheets and strips were imported into Lithuania; growing by 56% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper plates, sheets and strip imports soared to $6.4M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 74% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Copper Plates, Sheets and Strip to Lithuania in 2022:

1. Italy (214.2 tons)
2. Finland (136.1 tons)
3. Germany (68.7 tons)
4. Poland (45.4 tons)
5. United Kingdom (29.7 tons)
6. Denmark (11.5 tons)
7. Czech Republic (6.6 tons)

Exports of Copper Plates, Sheets and Strip in Lithuania

In 2022, approx. 17 tons of copper plates, sheets and strips were exported from Lithuania; with a decrease of -54.1% against the previous year's figure. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -2.9% was in 2020.

In value terms, copper plates, sheets and strip exports contracted markedly to $283K in 2022. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $566K, and then shrank remarkably in the following year.

Top Export Markets for Copper Plates, Sheets and Strip from Lithuania in 2022:

1. Latvia (7.8 tons)
2. Estonia (3.5 tons)
3. Ukraine (1.4 tons)
4. Belarus (1.3 tons)
5. United Kingdom (1.0 tons)
6. Turkey (0.6 tons)
7. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform