Price for Copper Oxides and Hydroxides in Estonia - 2023

Contents:

1. Price for Copper Oxides and Hydroxides in Estonia (CIF) - 2022
2. Price for Copper Oxides and Hydroxides in Estonia (FOB) - 2022
3. Imports of Copper Oxides and Hydroxides in Estonia
4. Exports of Copper Oxides and Hydroxides in Estonia

Price for Copper Oxides and Hydroxides in Estonia (CIF) - 2022

The average copper oxides and hydroxides import price stood at $91,333 per ton in 2022, falling by -14.5% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2014 an increase of 808% against the previous year. As a result, import price reached the peak level of $136,583 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 the United States ($112,000 per ton), while the price for Germany stood at $50,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+55.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Oxides and Hydroxides in Estonia (FOB) - 2022

In 2022, the average copper oxides and hydroxides export price amounted to $7,000 per ton, jumping by 45% against the previous year. Over the period under review, export price indicated significant growth from 2021 to 2022: its price increased at an average annual rate of +44.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +133.3% per year.

Imports of Copper Oxides and Hydroxides in Estonia

In 2022, copper oxides and hydroxides imports into Estonia dropped dramatically to 3 kg, with a decrease of -40% on 2021. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 400% against the previous year.

In value terms, copper oxides and hydroxides imports declined rapidly to $274 in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,154%. As a result, imports attained the peak of $586. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Copper Oxides and Hydroxides to Estonia in 2022:

1. United States (2.0 kg)
2. Germany (1.0 kg)

Exports of Copper Oxides and Hydroxides in Estonia

In 2022, copper oxides and hydroxides exports from Estonia fell remarkably to 2 kg, waning by -66.7% compared with the previous year's figure. In general, exports recorded a sharp reduction.

In value terms, copper oxides and hydroxides exports shrank rapidly to $14 in 2022. Overall, exports saw a sharp shrinkage.

Top Export Markets for Copper Oxides and Hydroxides from Estonia in 2022:

1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform