Price for Copper Plates, Sheets and Strip in Tanzania - 2023
Contents:
- Price for Copper Plates, Sheets and Strip in Tanzania (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Tanzania (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Tanzania
- Exports of Copper Plates, Sheets and Strip in Tanzania
Price for Copper Plates, Sheets and Strip in Tanzania (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $4,951 per ton, with a decrease of -31% against the previous year. Overall, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 147% against the previous year. Over the period under review, average import prices reached the peak figure at $7,180 per ton in 2021, and then declined notably in the following year.
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 Denmark ($41,367 per ton), while the price for the United Arab Emirates ($2,687 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Tanzania (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $6,655 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 533%. The export price peaked at $31,649 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($16,105 per ton), while the average price for exports to Democratic Republic of the Congo ($5,175 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 Zambia (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Tanzania
In 2022, after two years of decline, there was significant growth in overseas purchases of copper plates, sheets and strips, when their volume increased by 169% to 217 tons. In general, imports, however, saw a deep reduction.
In value terms, copper plates, sheets and strip imports surged to $1.1M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Copper Plates, Sheets and Strip in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.6 | 0.6 | 0.4 | 354 | 361.6% |
| Turkey | 0.1 | 57.8 | 10.2 | 277 | 1304.4% |
| Denmark | N/A | N/A | N/A | 189 | 0% |
| China | 258 | 222 | 367 | 133 | -19.8% |
| India | 87.8 | 59.0 | 90.5 | 67.5 | -8.4% |
| South Africa | 27.1 | 75.6 | 37.3 | 12.1 | -23.6% |
| Others | 140 | 19.3 | 72.1 | 39.3 | -34.5% |
| Total | 516 | 435 | 578 | 1,072 | 27.6% |
Top Suppliers of Copper Plates, Sheets and Strip to Tanzania in 2022:
- United Arab Emirates (131.9 tons)
- China (48.3 tons)
- Turkey (20.2 tons)
- India (6.2 tons)
- Denmark (4.6 tons)
- South Africa (1.0 tons)
Exports of Copper Plates, Sheets and Strip in Tanzania
In 2022, approx. 1.8 tons of copper plates, sheets and strips were exported from Tanzania; leveling off at the previous year. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, copper plates, sheets and strip exports amounted to $12K in 2022. Over the period under review, exports continue to indicate a deep setback. The smallest decline of 99.9% was in 2021.
| Export of Copper Plates, Sheets and Strip in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Democratic Republic of the Congo | N/A | N/A | 8.1 | 0% | |
| Uganda | N/A | N/A | 4.0 | 0% | |
| Zambia | 17.8 | N/A | N/A | 0% | |
| Others | 0.3 | N/A | N/A | 0% | |
| Total | 18.1 | N/A | 12.1 | -18.2% | |
Top Export Markets for Copper Plates, Sheets and Strip from Tanzania in 2022:
- Democratic Republic of the Congo (1573.0 kg)
- Uganda (247.0 kg)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Tanzania.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
