Price for Copper; Waste and Scrap in Sudan - 2022
Contents:
- Price for Copper; Waste and Scrap in Sudan (FOB) - 2022
- Price for Copper; Waste and Scrap in Sudan (CIF) - 2022
- Exports of Copper; Waste and Scrap in Sudan
- Imports of Copper; Waste and Scrap in Sudan
Price for Copper; Waste and Scrap in Sudan (FOB) - 2022
The average copper; waste and scrap export price stood at $6,557 per ton in 2022, waning by -3.2% against the previous year. In general, the export price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49%. As a result, the export price attained the peak level of $6,773 per ton, and then shrank modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($7,946 per ton), while the average price for exports to Hong Kong SAR ($1,039 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 China (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Waste and Scrap in Sudan (CIF) - 2022
In 2022, the average copper; waste and scrap import price amounted to $9,325 per ton, picking up by 461% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 UK ($10,309 per ton), while the price for China amounted to $828 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+67.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Waste and Scrap in Sudan
In 2022, the amount of copper; waste and scraps exported from Sudan soared to 5.8K tons, with an increase of 38% against the previous year's figure. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +75.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper; waste and scrap exports soared to $38M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Copper; Waste and Scrap in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 0.4 | 2.5 | 11.5 | 184.4% |
| United Arab Emirates | 0.9 | 0.6 | 4.3 | 10.9 | 129.6% |
| South Korea | 7.6 | 3.5 | 6.0 | 4.3 | -17.3% |
| Belgium | 0.4 | 1.9 | 5.2 | 3.4 | 104.1% |
| Italy | 0.7 | 0.4 | 2.8 | 2.4 | 50.8% |
| Bulgaria | 1.1 | 2.1 | 2.2 | 2.0 | 22.1% |
| Germany | 0.4 | 2.0 | 0.8 | 0.9 | 31.0% |
| Japan | 2.9 | 2.4 | 3.1 | 0.8 | -34.9% |
| China | 0.5 | 0.5 | 0.4 | 0.7 | 11.9% |
| Malaysia | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
| Hong Kong SAR | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
| Others | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
| Total | 15.8 | 15.0 | 28.5 | 37.9 | 33.9% |
Top Export Markets for Copper; Waste and Scrap from Sudan in 2022:
- United Arab Emirates (1641.3 tons)
- India (1619.5 tons)
- Belgium (618.3 tons)
- South Korea (605.4 tons)
- Italy (332.7 tons)
- Bulgaria (258.0 tons)
- Germany (201.9 tons)
- Malaysia (139.4 tons)
- China (135.8 tons)
- Japan (125.6 tons)
- Hong Kong SAR (36.2 tons)
Imports of Copper; Waste and Scrap in Sudan
In 2022, approx. 25 tons of copper; waste and scraps were imported into Sudan; which is down by -64.7% against the previous year's figure. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,640% against the previous year. As a result, imports attained the peak of 71 tons, and then declined markedly in the following year.
In value terms, copper; waste and scrap imports soared to $232K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 4,524%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Copper; Waste and Scrap in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 230 | 0% |
| China | 6.7 | 2.4 | 97.2 | 2.2 | -31.0% |
| Others | 0.4 | 0.2 | 20.2 | 0.2 | -20.6% |
| Total | 7.1 | 2.5 | 117 | 232 | 219.7% |
Top Suppliers of Copper; Waste and Scrap to Sudan in 2022:
- United Kingdom (22.3 tons)
- China (2.6 tons)
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