Price for Copper Plates, Sheets and Strip in Ethiopia - 2022
Contents:
- Price for Copper Plates, Sheets and Strip in Ethiopia (CIF) - 2022
- Imports of Copper Plates, Sheets and Strip in Ethiopia
Price for Copper Plates, Sheets and Strip in Ethiopia (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $9,038 per ton, growing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,865 per ton), while the price for Switzerland ($289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Ethiopia
After two years of decline, overseas purchases of copper plates, sheets and strips increased by 98% to 50 tons in 2022. Overall, imports, however, showed a sharp shrinkage.
In value terms, copper plates, sheets and strip imports surged to $452K in 2022. Over the period under review, imports, however, faced a precipitous contraction.
| Import of Copper Plates, Sheets and Strip in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2,952 | 984 | 150 | 342 | -51.3% |
| United Kingdom | 2.0 | 0.4 | 9.5 | 40.6 | 172.8% |
| China | 58.7 | 179 | 7.4 | 27.6 | -22.2% |
| India | 143 | 160 | 4.1 | 17.1 | -50.7% |
| United States | 3.9 | 1.0 | N/A | 4.4 | 4.1% |
| Turkey | 6.3 | 6.0 | 0.9 | 1.7 | -35.4% |
| Switzerland | 1.7 | 1.1 | 0.1 | 0.3 | -43.9% |
| Others | 52.6 | 38.0 | 8.2 | 18.1 | -29.9% |
| Total | 3,220 | 1,369 | 180 | 452 | -48.0% |
Top Suppliers of Copper Plates, Sheets and Strip to Ethiopia in 2022:
- Egypt (33.3 tons)
- China (5.0 tons)
- United States (3.8 tons)
- United Kingdom (2.3 tons)
- India (2.1 tons)
- Turkey (0.9 tons)
- Switzerland (0.9 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Ethiopia.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
