Price for Copper Oxides and Hydroxides in Iran - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Iran (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Iran
Price for Copper Oxides and Hydroxides in Iran (CIF) - 2022
The average copper oxides and hydroxides import price stood at $8,564 per ton in 2022, falling by -20.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43%. As a result, import price reached the peak level of $10,743 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($14,241 per ton), while the price for South Korea ($5,999 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 Arab Emirates (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Oxides and Hydroxides in Iran
In 2022, imports of copper oxides and hydroxideses into Iran skyrocketed to 55 tons, with an increase of 54% compared with 2021. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year. As a result, imports attained the peak of 75 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, copper oxides and hydroxides imports skyrocketed to $475K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports attained the peak of $563K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Copper Oxides and Hydroxides in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 114 | 132 | 35.9 | 159 | 11.7% |
| China | 26.7 | 80.8 | 134 | 140 | 73.7% |
| South Korea | 68.0 | 138 | 88.5 | 107 | 16.3% |
| United Arab Emirates | 109 | 210 | 127 | 68.4 | -14.4% |
| Others | 0.9 | 2.1 | 1.2 | 1.2 | 10.1% |
| Total | 318 | 563 | 387 | 475 | 14.3% |
Top Suppliers of Copper Oxides and Hydroxides to Iran in 2022:
- South Korea (17.8 tons)
- China (15.6 tons)
- Germany (15.5 tons)
- United Arab Emirates (6.4 tons)
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