Price for Copper Plates, Sheets and Strip in Estonia - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in Estonia (CIF) - 2023
- Price for Copper Plates, Sheets and Strip in Estonia (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Estonia
- Exports of Copper Plates, Sheets and Strip in Estonia
Price for Copper Plates, Sheets and Strip in Estonia (CIF) - 2023
The average import price for copper plates, sheets and strips stood at $3,156 per ton in November 2023, waning by -55.7% against the previous month. In general, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in October 2023 an increase of 547% against the previous month. As a result, import price reached the peak level of $7,117 per ton, and then contracted remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($10,395 per ton), while the price for Finland ($2,812 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Plates, Sheets and Strip in Estonia (FOB) - 2022
In 2022, the average export price for copper plates, sheets and strips amounted to $14,173 per ton, jumping by 48% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. Over the period under review, the average export prices attained the maximum at $15,810 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($67,842 per ton), while the average price for exports to Finland ($12,920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Estonia
In 2022, the amount of copper plates, sheets and strips imported into Estonia skyrocketed to 4.2K tons, with an increase of 66% on the previous year. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper plates, sheets and strip imports dropped to $5.3M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of $5.9M, and then contracted in the following year.
| Import of Copper Plates, Sheets and Strip in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2.7 | 3.7 | 3.8 | 3.7 | 11.1% |
| Poland | 0.1 | 0.3 | 1.3 | 1.0 | 115.4% |
| Others | 1.9 | 0.4 | 0.8 | 0.6 | -31.9% |
| Total | 4.8 | 4.4 | 5.9 | 5.3 | 3.4% |
Top Suppliers of Copper Plates, Sheets and Strip to Estonia in 2022:
- Finland (4.0K tons)
- Poland (0.1K tons)
Exports of Copper Plates, Sheets and Strip in Estonia
In 2022, the amount of copper plates, sheets and strips exported from Estonia declined dramatically to 63 tons, which is down by -36.8% on 2021 figures. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 395%. As a result, the exports reached the peak of 100 tons, and then fell dramatically in the following year.
In value terms, copper plates, sheets and strip exports fell to $893K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 309%. As a result, the exports reached the peak of $954K, and then contracted in the following year.
| Export of Copper Plates, Sheets and Strip in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 210 | 168 | 900 | 673 | 47.4% |
| Bulgaria | N/A | N/A | N/A | 92.4 | 0% |
| Czech Republic | 1.1 | N/A | N/A | 45.4 | 245.6% |
| Latvia | 3.7 | 11.9 | 29.0 | 19.8 | 74.9% |
| Others | 129 | 53.1 | 24.8 | 61.8 | -21.8% |
| Total | 344 | 233 | 954 | 893 | 37.4% |
Top Export Markets for Copper Plates, Sheets and Strip from Estonia in 2022:
- Finland (52.1 tons)
- Bulgaria (7.0 tons)
- Czech Republic (1.6 tons)
- Latvia (0.8 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Estonia.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
