Angola - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Angola - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights

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Price for Copper Bars, Wire and Plates in Angola - 2022

Contents:

  1. Price for Copper Bars, Wire and Plates in Angola (CIF) - 2022
  2. Price for Copper Bars, Wire and Plates in Angola (FOB) - 2022
  3. Imports of Copper Bars, Wire and Plates in Angola
  4. Exports of Copper Bars, Wire and Plates in Angola

Price for Copper Bars, Wire and Plates in Angola (CIF) - 2022

The average import price for copper bars, wire and plates stood at $10,254 per ton in 2022, declining by -15.6% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bars, wire and plates import price increased by +48.6% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 62% against the previous year. As a result, import price attained the peak level of $12,149 per ton, and then reduced remarkably in the following year.

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 Portugal ($11,467 per ton), while the price for France ($4,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Bars, Wire and Plates in Angola (FOB) - 2022

In 2022, the average export price for copper bars, wire and plates amounted to $5,734 per ton, reducing by -18% against the previous year. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 239%. The export price peaked at $9,273 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($34,839 per ton), while the average price for exports to the United Arab Emirates ($3,314 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 Spain (+162.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire and Plates in Angola

In 2022, approx. 486 tons of copper bars, wire and plates were imported into Angola; which is down by -11% on the previous year's figure. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 545 tons, and then dropped in the following year.

In value terms, copper bars, wire and plates imports reduced notably to $5M in 2022. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of $6.6M, and then reduced remarkably in the following year.

Import of Copper Bars, Wire and Plates in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,7292,3653,9173,73429.3%
China375183205219-16.4%
Zambia948397155209-39.6%
Spain22765.114.1135-15.9%
Brazil14.250.163.310896.7%
France14.432.339.944.345.4%
United Arab Emirates20522.214.220.8-53.4%
Others1502172,21550850.2%
Total3,6633,3336,6244,97810.8%

Top Suppliers of Copper Bars, Wire and Plates to Angola in 2022:

  1. Portugal (325.6 tons)
  2. China (38.8 tons)
  3. Zambia (22.8 tons)
  4. Spain (16.6 tons)
  5. Brazil (11.6 tons)
  6. France (9.7 tons)
  7. United Arab Emirates (2.5 tons)

Exports of Copper Bars, Wire and Plates in Angola

In 2022, approx. 94 tons of copper bars, wire and plates were exported from Angola; falling by -23.1% against the previous year. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year.

In value terms, copper bars, wire and plates exports plummeted to $541K in 2022. Over the period under review, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 152% against the previous year.

Export of Copper Bars, Wire and Plates in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2051683552243.0%
India282164129174-14.9%
RwandaN/AN/AN/A1390%
Spain686N/AN/AN/A0%
ChinaN/AN/A320N/A0%
Italy248N/AN/AN/A0%
Netherlands251N/AN/AN/A0%
Others2.39.554.45.130.4%
Total1,675341859541-31.4%

Top Export Markets for Copper Bars, Wire and Plates from Angola in 2022:

  1. United Arab Emirates (67.4 tons)
  2. Rwanda (21.5 tons)
  3. India (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper bars, wire and plates in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
  • Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
  • Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)

Country coverage:

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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