Price for Refined Copper Tube and Pipe in Belarus - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Belarus (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Belarus (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Belarus
- Exports of Refined Copper Tube and Pipe in Belarus
Price for Refined Copper Tube and Pipe in Belarus (CIF) - 2022
In March 2022, the average import price for tubes and pipes of refined copper amounted to $11,102 per ton, with a decrease of -2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2021 an increase of 9.9% month-to-month. The import price peaked at $12,051 per ton in December 2021; however, from January 2022 to March 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Italy ($12,824 per ton) and China ($12,030 per ton), while the price for Germany ($10,384 per ton) and Uzbekistan ($10,884 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Belarus (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $12,996 per ton in 2022, surging by 25% against the previous year. Overall, the export price recorded a temperate expansion. The most prominent rate of growth was recorded in 2018 an increase of 108% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($13,198 per ton), while the average price for exports to Ukraine amounted to $11,586 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.9%).
Imports of Refined Copper Tube and Pipe in Belarus
In 2022, refined copper tube and pipe imports into Belarus rose markedly to 1.1K tons, surging by 7.1% compared with 2021 figures. The total import volume increased at an average annual rate of +2.9% 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 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 1.1K tons; afterwards, it flattened through to 2022.
In value terms, refined copper tube and pipe imports skyrocketed to $15M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Refined Copper Tube and Pipe in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.8 | 3.2 | 3.0 | 4.1 | 31.6% |
| Russia | 1.9 | 0.8 | 1.8 | 2.5 | 9.6% |
| Italy | 1.3 | 1.1 | 1.2 | 1.7 | 9.4% |
| Ukraine | 0.7 | 0.7 | 1.1 | 1.5 | 28.9% |
| Vietnam | 0.3 | 0.4 | 1.1 | 1.5 | 71.0% |
| Germany | 0.6 | 1.0 | 0.9 | 1.2 | 26.0% |
| Greece | 0.7 | 0.7 | 0.8 | 1.1 | 16.3% |
| Serbia | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| Others | 0.5 | 0.8 | 0.7 | 0.9 | 21.6% |
| Total | 8.0 | 8.7 | 10.8 | 14.7 | 22.5% |
Top Suppliers of Refined Copper Tube and Pipe to Belarus in 2022:
- Uzbekistan (336.3 tons)
- Russia (160.7 tons)
- Italy (128.5 tons)
- Vietnam (102.0 tons)
- Ukraine (99.6 tons)
- Germany (84.3 tons)
- Greece (80.0 tons)
- Serbia (16.7 tons)
Exports of Refined Copper Tube and Pipe in Belarus
In 2022, shipments abroad of tubes and pipes of refined copper decreased by -70.4% to 65 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year. As a result, the exports attained the peak of 232 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, refined copper tube and pipe exports shrank rapidly to $843K in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 140%.
| Export of Refined Copper Tube and Pipe in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 713 | 1,649 | 2,005 | 749 | 1.7% |
| Ukraine | 0.6 | 58.1 | 252 | 94.2 | 439.5% |
| Others | N/A | 3.0 | 25.2 | N/A | 740.0% |
| Total | 713 | 1,710 | 2,282 | 843 | 5.7% |
Top Export Markets for Refined Copper Tube and Pipe from Belarus in 2022:
- Russia (56.8 tons)
- Ukraine (8.1 tons)
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