Price for Copper Plates, Sheets and Strip in Angola - 2022
Contents:
- Price for Copper Plates, Sheets and Strip in Angola (FOB) - 2022
- Price for Copper Plates, Sheets and Strip in Angola (CIF) - 2022
- Exports of Copper Plates, Sheets and Strip in Angola
- Imports of Copper Plates, Sheets and Strip in Angola
Price for Copper Plates, Sheets and Strip in Angola (FOB) - 2022
In 2021, the average export price for copper plates, sheets and strips amounted to $25,286 per ton, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 35%. The export price peaked at $25,583 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to 0.0% per year.
Price for Copper Plates, Sheets and Strip in Angola (CIF) - 2022
The average import price for copper plates, sheets and strips stood at $11,257 per ton in 2022, waning by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $12,772 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25,364 per ton), while the price for Israel ($953 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Plates, Sheets and Strip in Angola
In 2021, approx. 8.2 tons of copper plates, sheets and strips were exported from Angola; jumping by 6,602% against 2020 figures. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper plates, sheets and strip exports soared to $207K in 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper Plates, Sheets and Strip in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | N/A | N/A | 207 | 0% | |
| Others | 1.8 | 3.1 | N/A | 72.2% | |
| Total | 1.8 | 3.1 | 207 | 972.4% | |
Top Export Markets for Copper Plates, Sheets and Strip from Angola in 2022:
- China (8.2 tons)
Imports of Copper Plates, Sheets and Strip in Angola
In 2022, after two years of decline, there was significant growth in supplies from abroad of copper plates, sheets and strips, when their volume increased by 110% to 22 tons. In general, imports, however, continue to indicate a sharp downturn.
In value terms, copper plates, sheets and strip imports surged to $244K in 2022. Overall, imports, however, continue to indicate a precipitous decline.
| Import of Copper Plates, Sheets and Strip in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 415 | 305 | 94.2 | 133 | -31.6% |
| United Arab Emirates | 112 | 2.7 | 0.1 | 36.5 | -31.2% |
| Portugal | 52.1 | 22.2 | 14.6 | 19.4 | -28.1% |
| United States | 0.9 | 0.5 | 1.0 | 19.2 | 177.3% |
| South Korea | 10.0 | 9.3 | 3.6 | 8.5 | -5.3% |
| Greece | 2.0 | 1.3 | 0.3 | 1.3 | -13.4% |
| Israel | 1.1 | 0.8 | 0.3 | 0.5 | -23.1% |
| Others | 20.4 | 24.7 | 6.7 | 25.1 | 7.2% |
| Total | 613 | 367 | 121 | 244 | -26.4% |
Top Suppliers of Copper Plates, Sheets and Strip to Angola in 2022:
- China (9.4 tons)
- United Arab Emirates (5.5 tons)
- Portugal (2.6 tons)
- United States (0.8 tons)
- South Korea (0.8 tons)
- Israel (0.6 tons)
- Greece (0.4 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Angola.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
