Copper; Master Alloys Price in Egypt - 2023

Contents:

1. Copper; Master Alloys Price in Egypt (CIF) - 2022
2. Copper; Master Alloys Price in Egypt (FOB) - 2022
3. Copper; Master Alloys Imports in Egypt
4. Copper; Master Alloys Exports in Egypt

Copper; Master Alloys Price in Egypt (CIF) - 2022

The average copper; master alloys import price stood at $10,982 per ton in 2022, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 38% against the previous year. The import price peaked at $11,860 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,983 per ton), while the price for China ($10,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Price in Egypt (FOB) - 2022

The average copper; master alloys export price stood at $10,080 per ton in 2022, surging by 20% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 611% against the previous year. As a result, the export price reached the peak level of $13,770 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +10.1% per year.

Copper; Master Alloys Imports in Egypt

In 2022, approx. 14 tons of copper; master alloyses were imported into Egypt; growing by 27% on the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; master alloys imports surged to $151K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Master Alloys to Egypt in 2022:

1. United States (8.4 tons)
2. China (3.1 tons)
3. Italy (2.3 tons)

Copper; Master Alloys Exports in Egypt

After two years of decline, shipments abroad of copper; master alloyses decreased by -35.9% to 7.5 tons in 2022. Overall, exports, however, continue to indicate significant growth.

In value terms, copper; master alloys exports reduced remarkably to $76K in 2022. Over the period under review, exports, however, recorded a significant expansion.

Top Export Markets for Copper; Master Alloys from Egypt in 2022:

1. Qatar (7.5 tons)

Source: IndexBox Market Intelligence Platform