Sulphates; of Copper Price in Estonia - 2023

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

In 2022, the average sulphates; of copper import price amounted to $2,692 per ton, with an increase of 23% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $2,814 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,621 per ton), while the price for Lithuania ($2,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average sulphates; of copper export price amounted to $2,604 per ton, with an increase of 8.3% against the previous year. Overall, the export price, however, recorded a pronounced slump. The growth pace was the most rapid in 2013 when the average export price increased by 13%. The export price peaked at $3,720 per ton in 2014; however, from 2015 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 Finland.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +40.6% per year.

Sulphates; of Copper Imports in Estonia

In 2022, after three years of growth, there was significant decline in supplies from abroad of sulphates; of coppers, when their volume decreased by -26.8% to 83 tons. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports reached the peak of 114 tons, and then shrank rapidly in the following year.

In value terms, sulphates; of copper imports declined to $224K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 132%. As a result, imports reached the peak of $250K, and then dropped in the following year.

Import of Sulphates; of Copper in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	50.3	80.1	221	189	55.5%
Lithuania	N/A	15.4	0.5	20.4	15.1%
Germany	16.1	10.6	27.7	13.1	-6.6%
Others	3.6	1.6	0.4	1.3	-28.8%
Total	70.0	108	250	224	47.4%

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

Poland (71.4 tons)
Lithuania (8.0 tons)
Germany (3.6 tons)

Sulphates; of Copper Exports in Estonia

In 2022, shipments abroad of sulphates; of coppers decreased by -99.2% to 111 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 1,430%. As a result, the exports reached the peak of 14 tons, and then fell markedly in the following year.

In value terms, sulphates; of copper exports fell remarkably to $289 in 2022. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,383%. As a result, the exports reached the peak of $33K, and then declined dramatically in the following year.