Price for Copper; Refined, Unwrought, Billets in Ukraine - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Billets in Ukraine (FOB) - 2022
  2. Exports of Copper; Refined, Unwrought, Billets in Ukraine

Price for Copper; Refined, Unwrought, Billets in Ukraine (FOB) - 2022

In 2022, the average copper; refined, unwrought, billets export price amounted to $2,038 per ton, picking up by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 61%. The export price peaked at $5,169 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +0.3% per year.

Exports of Copper; Refined, Unwrought, Billets in Ukraine

In 2022, shipments abroad of copper; refined, unwrought, billetses decreased by -10% to 2.5K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 120%. As a result, the exports attained the peak of 3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; refined, unwrought, billets exports reached $5.1M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Copper; Refined, Unwrought, Billets in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.14.70.15.118.1%
EthiopiaN/AN/A0.9N/A0%
GhanaN/AN/A3.9N/A0%
OthersN/AN/AN/AN/A0%
Total3.14.74.95.118.1%

Top Export Markets for Copper; Refined, Unwrought, Billets from Ukraine in 2022:

  1. Taiwan (Chinese) (2.5K tons)

Source: IndexBox Market Intelligence Platform

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