Copper; Master Alloys Price in Pakistan - 2022

Contents:

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

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

In 2022, the average copper; master alloys import price amounted to $5,550 per ton, with an increase of 8.6% against the previous year. In general, the import price, however, showed a pronounced downturn. The import price peaked at $7,608 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($9,813 per ton), while the price for the UK ($3,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced a decline.

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

The average copper; master alloys export price stood at $3,497 per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2013 when the average export price increased by 22% against the previous year. The export price peaked at $3,710 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +2.7% per year.

Copper; Master Alloys Imports in Pakistan

In 2022, after three years of growth, there was significant decline in overseas purchases of copper; master alloyses, when their volume decreased by -28.3% to 7.5 tons. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 130%. As a result, imports attained the peak of 10 tons, and then contracted rapidly in the following year.

In value terms, copper; master alloys imports dropped markedly to $41K in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of $53K, and then contracted remarkably in the following year.

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

1. Italy (3.5 tons)
2. South Korea (2.2 tons)
3. United Kingdom (1.2 tons)
4. India (0.3 tons)
5. China (0.1 tons)

Copper; Master Alloys Exports in Pakistan

After three years of growth, shipments abroad of copper; master alloyses decreased by -8.3% to 6.9K tons in 2022. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year.

In value terms, copper; master alloys exports dropped to $24M in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 20%.

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

1. United Arab Emirates (6.9K tons)

Source: IndexBox Market Intelligence Platform