Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia - 2022

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia
4. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia (FOB) - 2022

In 2022, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $8,881 per ton, dropping by -4.9% against the previous year. Overall, the export price, however, saw a modest expansion. The pace of growth was the most pronounced in 2021 an increase of 47%. As a result, the export price reached the peak level of $9,337 per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($23,379 per ton), while the average price for exports to Italy ($8,517 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 the United Arab Emirates (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia (CIF) - 2022

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $5,924 per ton, increasing by 36% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of 590%. As a result, import price reached the peak level of $94,362 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,024 per ton), while the price for Kazakhstan ($3,356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (-1.2%), while the prices for the other major suppliers experienced a decline.

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia

In 2022, exports of copper; refined, unwrought, cathodes and sections of cathodeses from Russia expanded modestly to 746K tons, growing by 3.1% on 2021. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 27%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses fell modestly to $6.6B in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of $6.8B, and then contracted in the following year.

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Russia in 2022:

1. China (319.5K tons)
2. Germany (151.6K tons)
3. Turkey (106.2K tons)
4. Netherlands (76.2K tons)
5. Taiwan (Chinese) (22.3K tons)
6. Italy (21.5K tons)
7. Greece (14.5K tons)

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Russia

Imports of copper; refined, unwrought, cathodes and sections of cathodeses into Russia fell remarkably to 2.4K tons in 2022, with a decrease of -47.3% against the year before. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -0.6% was in 2020.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses contracted markedly to $14M in 2022. Overall, imports showed a dramatic setback. The smallest decline of -9.4% was in 2021.

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Russia in 2022:

1. Uzbekistan (1894.9 tons)
2. Germany (416.7 tons)
3. Kazakhstan (66.4 tons)

Source: IndexBox Market Intelligence Platform