Price for Copper; Refined, Unwrought, Wire-Bars in Belarus - 2021

Price for Copper; Refined, Unwrought, Wire-Bars in Belarus (CIF) - 2021

In August 2021, the average copper; refined, unwrought, wire-bars import price amounted to $6,778 per ton, dropping by -18% against the previous month. Overall, the import price recorded a abrupt decrease. As a result, import price reached the peak level of $10,039 per ton. From July 2021 to August 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From June 2021 to August 2021, the rate of growth in terms of prices for Russia amounted to -17.8% per month.

Imports of Copper; Refined, Unwrought, Wire-Bars in Belarus

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; refined, unwrought, wire-barses, when their volume decreased by -19.2% to 47 tons. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 58 tons, and then shrank dramatically in the following year.

In value terms, copper; refined, unwrought, wire-bars imports fell significantly to $374K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, imports reached the peak of $470K, and then fell dramatically in the following year.