Copper; Master Alloys Price in Kenya - 2022

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

In 2022, the average copper; master alloys import price amounted to $10,730 per ton, falling by -10.7% against the previous year. In general, the import price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 113% against the previous year. Over the period under review, average import prices hit record highs at $12,017 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($16,408 per ton), while the price for China ($802 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Copper; Master Alloys Imports in Kenya

In 2022, copper; master alloys imports into Kenya skyrocketed to 608 kg, rising by 424% on 2021 figures. Over the period under review, imports posted a prominent expansion.

In value terms, copper; master alloys imports skyrocketed to $6.5K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 419%. As a result, imports attained the peak of $12K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Copper; Master Alloys in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	0.9	3.6	0.2	3.9	63.0%
United Kingdom	0.1	7.2	1.0	2.0	171.4%
China	0.1	0.2	N/A	0.1	0.0%
South Korea	0.8	N/A	N/A	N/A	0%
Others	0.4	0.7	0.1	0.4	0.0%
Total	2.2	11.7	1.4	6.5	43.5%