Sulphates; of Copper Price in Ukraine - 2023

Contents:

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

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

The average sulphates; of copper export price stood at $2,600 per ton in 2022, with an increase of 7.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 110% against the previous year. As a result, the export price reached the peak level of $7,500 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($2,636 per ton) and Belgium ($2,594 per ton), while the average price for exports to Italy ($2,568 per ton) and the UK ($2,594 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Price in Ukraine (CIF) - 2023

The average sulphates; of copper import price stood at $2,450 per ton in July 2023, flattening at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 4.4% month-to-month. The import price peaked at $2,620 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($2,554 per ton), while the price for Poland amounted to $2,417 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Copper Exports in Ukraine

In 2022, shipments abroad of sulphates; of coppers decreased by -76.4% to 171 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 266% against the previous year.

In value terms, sulphates; of copper exports dropped rapidly to $445K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 273% against the previous year.

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

1. United Kingdom (100.6 tons)
2. Belgium (24.0 tons)
3. Italy (24.0 tons)
4. Germany (22.0 tons)

Sulphates; of Copper Imports in Ukraine

In 2022, imports of sulphates; of coppers into Ukraine surged to 995 tons, jumping by 78% compared with 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of copper imports soared to $2.6M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Poland (679.5 tons)
2. Turkey (154.0 tons)
3. Romania (146.0 tons)
4. Netherlands (15.3 tons)

Source: IndexBox Market Intelligence Platform