Sulphates; of Copper Price in Romania - 2023

Contents:

  1. Sulphates; of Copper Price in Romania (FOB) - 2023
  2. Sulphates; of Copper Price in Romania (CIF) - 2022
  3. Sulphates; of Copper Exports in Romania
  4. Sulphates; of Copper Imports in Romania

Sulphates; of Copper Price in Romania (FOB) - 2023

In May 2023, the average sulphates; of copper export price amounted to $2,647 per ton, which is down by -6.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 7.2% against the previous month. As a result, the export price reached the peak level of $2,838 per ton, and then declined in the following month.

Average prices varied noticeably for the major foreign markets. In May 2023, the countries with the highest prices were Serbia ($2,752 per ton) and Ukraine ($2,676 per ton), while the average price for exports to Poland ($2,536 per ton) and Denmark ($2,577 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+0.5%), while the prices for the other major destinations experienced a decline.

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

The average sulphates; of copper import price stood at $2,912 per ton in 2022, which is down by -3.9% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 66%. Over the period under review, average import prices hit record highs at $3,028 per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,837 per ton), while the price for Hungary ($987 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Exports in Romania

After two years of decline, overseas shipments of sulphates; of coppers increased by 32% to 3K tons in 2022. In general, exports, however, showed a pronounced decrease.

In value terms, sulphates; of copper exports surged to $7.8M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphates; of Copper in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,3421,2821,0693,07331.8%
Netherlands2303181,2561,76097.1%
Hungary656351375421-13.7%
Ukraine3395141103965.3%
Belgium2812672613396.5%
Serbia2243443862949.5%
North Macedonia2033324132568.0%
Moldova85.012666.515522.2%
Greece341276167144-25.0%
United Kingdom1,2271,001176137-51.8%
Italy37.820.847212448.6%
Bulgaria197454259122-14.8%
Others47388.57085807.0%
Total5,6365,3745,7187,80111.4%

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

  1. Poland (1307.2 tons)
  2. Netherlands (636.5 tons)
  3. Hungary (155.6 tons)
  4. Ukraine (141.0 tons)
  5. Belgium (121.8 tons)
  6. Serbia (100.0 tons)
  7. North Macedonia (88.0 tons)
  8. Greece (52.3 tons)
  9. Moldova (50.7 tons)
  10. Italy (47.3 tons)
  11. Bulgaria (44.7 tons)
  12. United Kingdom (44.0 tons)

Sulphates; of Copper Imports in Romania

In 2022, approx. 537 tons of sulphates; of coppers were imported into Romania; falling by -4.6% against the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% 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 +47.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 562 tons, and then declined in the following year.

In value terms, sulphates; of copper imports reduced to $1.6M in 2022. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 102%. As a result, imports attained the peak of $1.7M, and then fell in the following year.

Import of Sulphates; of Copper in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain38839992890532.6%
Poland2381324032846.1%
Turkey17476.1118125-10.4%
Hungary63.310394.398.115.7%
Italy55.666.787.083.614.6%
Others13866.872.867.3-21.3%
Total1,0578431,7031,56313.9%

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

  1. Spain (278.0 tons)
  2. Hungary (99.4 tons)
  3. Poland (86.3 tons)
  4. Turkey (44.0 tons)
  5. Italy (21.8 tons)

Source: IndexBox Market Intelligence Platform

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