Sulphates; of Copper Price in Belarus - 2022

Contents:

  1. Sulphates; of Copper Price in Belarus (CIF) - 2022
  2. Sulphates; of Copper Price in Belarus (FOB) - 2022
  3. Sulphates; of Copper Imports in Belarus
  4. Sulphates; of Copper Exports in Belarus

Sulphates; of Copper Price in Belarus (CIF) - 2022

In March 2022, the average sulphates; of copper import price amounted to $2,318 per ton, waning by -12.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 14% month-to-month. The import price peaked at $2,774 per ton in January 2022; however, from February 2022 to March 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Poland ($2,933 per ton), while the price for Russia stood at $2,295 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Copper Price in Belarus (FOB) - 2022

The average sulphates; of copper export price stood at $382 per ton in 2022, declining by -4.9% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $2,685 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($458 per ton), while the average price for exports to Egypt stood at $378 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.2%).

Sulphates; of Copper Imports in Belarus

In 2022, sulphates; of copper imports into Belarus was estimated at 1.4K tons, growing by 11% against 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphates; of copper imports soared to $4M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Copper in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,5992,1652,2233,14925.3%
Poland2352142412633.8%
Romania13112914019814.8%
Turkey59.244.436.930.4-19.9%
Others15512131935631.9%
Total2,1802,6742,9603,99622.4%

Top Suppliers of Sulphates; of Copper to Belarus in 2022:

  1. Russia (1158.5 tons)
  2. Romania (73.2 tons)
  3. Poland (64.4 tons)
  4. Turkey (10.9 tons)

Sulphates; of Copper Exports in Belarus

In 2022, the amount of sulphates; of coppers exported from Belarus skyrocketed to 20 tons, picking up by 21% compared with the previous year's figure. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 121% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sulphates; of copper exports rose notably to $7.8K in 2022. Overall, exports, however, continue to indicate a abrupt decline.

Export of Sulphates; of Copper in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt9.54.66.37.3-8.4%
Germany0.54.20.50.50.0%
OthersN/A0.1N/AN/A0%
Total10.08.86.87.8-7.9%

Top Export Markets for Sulphates; of Copper from Belarus in 2022:

  1. Egypt (19.3 tons)
  2. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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