Price for Copper Oxides and Hydroxides in Egypt - 2023
Contents:
- Price for Copper Oxides and Hydroxides in Egypt (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Egypt
Price for Copper Oxides and Hydroxides in Egypt (CIF) - 2022
In 2022, the average copper oxides and hydroxides import price amounted to $9,561 per ton, growing by 9.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($9,561 per ton), while the price for the United States amounted to $9,561 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Oxides and Hydroxides in Egypt
Copper oxides and hydroxides imports into Egypt reduced dramatically to 73 tons in 2022, waning by -30.9% on 2021. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 106 tons, and then reduced remarkably in the following year.
In value terms, copper oxides and hydroxides imports dropped remarkably to $700K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of $924K, and then contracted rapidly in the following year.
| Import of Copper Oxides and Hydroxides in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 176 | 106 | 342 | 352 | 26.0% |
| United States | 39.5 | 86.1 | 14.6 | 347 | 106.3% |
| Spain | 11.6 | 9.4 | 15.8 | N/A | 16.7% |
| China | 4.4 | 39.0 | 125 | N/A | 433.0% |
| India | 90.2 | 60.3 | 62.8 | N/A | -16.6% |
| Mexico | 189 | 168 | 238 | N/A | 12.2% |
| Singapore | 25.5 | 9.4 | 21.6 | N/A | -8.0% |
| Others | 22.5 | 12.2 | 104 | 1.6 | -58.6% |
| Total | 559 | 490 | 924 | 700 | 7.8% |
Top Suppliers of Copper Oxides and Hydroxides to Egypt in 2022:
- Norway (36.8 tons)
- United States (36.3 tons)
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