Price for Refined Copper Tube and Pipe in Lithuania - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Lithuania (CIF) - 2023
- Price for Refined Copper Tube and Pipe in Lithuania (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Lithuania
- Exports of Refined Copper Tube and Pipe in Lithuania
Price for Refined Copper Tube and Pipe in Lithuania (CIF) - 2023
In December 2023, the average import price for tubes and pipes of refined copper amounted to $9,228 per ton, falling by -11.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 58% against the previous month. As a result, import price reached the peak level of $13,501 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($13,534 per ton), while the price for Italy ($7,311 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+65.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Lithuania (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $10,812 per ton in 2022, flattening at the previous year. In general, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29%. The export price peaked at $12,841 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($13,711 per ton), while the average price for exports to Latvia ($5,944 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 Kyrgyzstan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Lithuania
In 2022, imports of tubes and pipes of refined copper into Lithuania was estimated at 1.1K tons, growing by 5.7% compared with the year before. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports shrank to $9.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports reached the peak of $11M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.4 | 2.7 | 3.5 | 4.0 | 18.6% |
| Germany | 0.9 | 1.8 | 2.3 | 2.3 | 36.7% |
| Finland | 1.0 | 0.5 | 1.1 | 1.2 | 6.3% |
| Greece | 1.3 | 1.6 | 2.6 | 0.7 | -18.6% |
| Poland | 0.4 | 0.5 | 0.8 | 0.4 | 0.0% |
| United States | N/A | 0.3 | 0.5 | 0.3 | 0.0% |
| Estonia | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Total | 6.5 | 7.5 | 10.9 | 9.3 | 12.7% |
Top Suppliers of Refined Copper Tube and Pipe to Lithuania in 2022:
- Italy (622.3 tons)
- Germany (187.1 tons)
- Finland (82.4 tons)
- Greece (71.4 tons)
- Poland (35.0 tons)
- United States (27.8 tons)
- Estonia (22.0 tons)
Exports of Refined Copper Tube and Pipe in Lithuania
In 2022, shipments abroad of tubes and pipes of refined copper decreased by -39.7% to 285 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, the exports attained the peak of 556 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined copper tube and pipe exports declined rapidly to $3.1M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 50%.
| Export of Refined Copper Tube and Pipe in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,397 | 1,765 | 2,655 | 1,030 | -9.7% |
| Ukraine | 630 | 1,242 | 1,096 | 482 | -8.5% |
| Belarus | 616 | 981 | 639 | 397 | -13.6% |
| Estonia | 74.5 | 34.3 | 146 | 390 | 73.6% |
| Latvia | 149 | 187 | 264 | 324 | 29.6% |
| Kazakhstan | 112 | 131 | 89.4 | 227 | 26.6% |
| Kyrgyzstan | 129 | 99.8 | 208 | 88.4 | -11.8% |
| Others | 40.3 | 272 | 74.8 | 145 | 53.2% |
| Total | 3,147 | 4,713 | 5,172 | 3,083 | -0.7% |
Top Export Markets for Refined Copper Tube and Pipe from Lithuania in 2022:
- Russia (84.7 tons)
- Latvia (54.5 tons)
- Ukraine (40.7 tons)
- Estonia (36.7 tons)
- Belarus (35.1 tons)
- Kazakhstan (16.6 tons)
- Kyrgyzstan (7.5 tons)
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
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In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
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