Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan - 2022
Contents:
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (CIF) - 2022
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (FOB) - 2022
- Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan
- Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (CIF) - 2022
The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $12,124 per ton in 2022, increasing by 39% against the previous year. Over the period under review, the import price posted a buoyant expansion. As a result, import price attained 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 United States ($16,286 per ton), while the price for China ($5,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (FOB) - 2022
The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $7,557 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($34,161 per ton), while the average price for exports to Saudi Arabia ($4,738 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 Denmark (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan
In 2022, overseas purchases of copper; cast, moulded, stamped or forged, but not further worked decreased by -74.6% to 9.8 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 48 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced remarkably to $119K in 2022. Overall, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of $350K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 96.2 | 155 | 186 | 61.1 | -14.0% |
| South Korea | 123 | 67.1 | 17.1 | 20.1 | -45.3% |
| United States | 26.3 | 48.2 | 29.6 | 13.8 | -19.3% |
| China | 22.7 | 22.6 | 19.6 | 6.3 | -34.8% |
| Italy | 1.1 | 2.9 | 16.0 | 5.3 | 68.9% |
| Thailand | 7.3 | 45.7 | 27.7 | 5.1 | -11.3% |
| Germany | 0.2 | 0.2 | 13.5 | 4.4 | 180.2% |
| United Arab Emirates | 17.0 | 4.0 | 4.9 | 2.0 | -51.0% |
| Others | 7.5 | 4.6 | 23.2 | 1.0 | -48.9% |
| Total | 302 | 350 | 338 | 119 | -26.7% |
Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Pakistan in 2022:
- United Kingdom (4.7 tons)
- South Korea (1.7 tons)
- China (1.1 tons)
- United States (0.8 tons)
- Thailand (0.5 tons)
- Italy (0.3 tons)
- Germany (0.3 tons)
- United Arab Emirates (0.2 tons)
Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan
In 2022, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -91.1% to 749 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 339% against the previous year. As a result, the exports reached the peak of 8.4 tons, and then reduced sharply in the following year.
In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked reduced dramatically to $5.7K in 2022. Over the period under review, exports faced a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 369%. As a result, the exports reached the peak of $42K, and then contracted dramatically in the following year.
| Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Saudi Arabia | 5.6 | 21.9 | 3.0 | -26.8% | |
| Denmark | 0.9 | 7.8 | 1.1 | 10.6% | |
| United States | 0.4 | 4.6 | 0.6 | 22.5% | |
| Canada | 0.6 | 2.0 | 0.3 | -29.3% | |
| Singapore | N/A | 1.4 | N/A | 0% | |
| Others | 1.5 | 4.9 | 0.7 | -31.7% | |
| Total | 9.1 | 42.5 | 5.7 | -20.9% | |
Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Pakistan in 2022:
- Saudi Arabia (629.0 kg)
- United States (59.0 kg)
- Denmark (31.0 kg)
- Canada (20.0 kg)
226
This report provides an in-depth analysis of the articles of copper market in Pakistan.
317
This report provides an in-depth analysis of the copper chain market in Pakistan.
207
This report provides an in-depth analysis of the copper spring market in Pakistan.
206
This report provides an in-depth analysis of the copper wire cloth market in Pakistan.
265
Global Articles Of Copper Market Report 2018. This report provides an in-depth analysis of the global articles of copper market.
377
This report provides an in-depth analysis of the global copper chain market.
375
Global Copper Spring Market Report 2018. This report provides an in-depth analysis of the global copper spring market.
258
Global Copper Wire Cloth Market Report 2018. This report provides an in-depth analysis of the global copper wire cloth market.
226
This report provides an in-depth analysis of the articles of copper market in Pakistan.
317
This report provides an in-depth analysis of the copper chain market in Pakistan.
Nothing found. Please try again.
