Price for Copper Plates, Sheets and Strip in the United Arab Emirates - 2021
Contents:
- Price for Copper Plates, Sheets and Strip in the United Arab Emirates (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in the United Arab Emirates (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in the United Arab Emirates
- Exports of Copper Plates, Sheets and Strip in the United Arab Emirates
Price for Copper Plates, Sheets and Strip in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $8,064 per ton, waning by -15.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. As a result, import price reached the peak level of $9,561 per ton, and then fell remarkably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($9,140 per ton) and China ($8,592 per ton), while the price for the Netherlands ($7,145 per ton) and India ($7,610 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for copper plates, sheets and strips amounted to $6,218 per ton, falling by -7.4% against the previous year. Overall, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 24%. The export price peaked at $8,187 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Egypt ($8,204 per ton) and Tanzania ($8,147 per ton), while the average price for exports to Qatar ($5,787 per ton) and India ($6,267 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in the United Arab Emirates
In 2022, supplies from abroad of copper plates, sheets and strips increased by 22% to 3.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic decline.
In value terms, copper plates, sheets and strip imports rose modestly to $31M in 2022. In general, imports, however, recorded a deep reduction.
| Import of Copper Plates, Sheets and Strip in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 0.7 | 1.8 | 8.5 | 129.8% |
| India | 6.1 | 4.9 | 7.7 | 4.8 | -7.7% |
| United Kingdom | 4.2 | 3.7 | 5.5 | 3.5 | -5.9% |
| Netherlands | 1.0 | 1.1 | 1.5 | 0.9 | -3.5% |
| Germany | 8.3 | 5.2 | 2.8 | 0.6 | -58.3% |
| Turkey | 0.2 | 0.3 | 1.5 | 0.4 | 26.0% |
| Bulgaria | 5.0 | 4.3 | 1.9 | 0.1 | -72.9% |
| Zambia | 14.1 | N/A | N/A | N/A | 0% |
| Others | 20.8 | 12.2 | 8.0 | 12.5 | -15.6% |
| Total | 60.5 | 32.4 | 30.6 | 31.5 | -19.6% |
Top Suppliers of Copper Plates, Sheets and Strip to the United Arab Emirates in 2022:
- China (993.0 tons)
- India (633.8 tons)
- United Kingdom (422.8 tons)
- Netherlands (132.8 tons)
- Germany (76.4 tons)
- Turkey (43.0 tons)
- Bulgaria (21.2 tons)
Exports of Copper Plates, Sheets and Strip in the United Arab Emirates
Copper plates, sheets and strip exports from the United Arab Emirates reduced to 372 tons in 2022, falling by -4.9% against the previous year. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year.
In value terms, copper plates, sheets and strip exports shrank to $2.3M in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year.
| Export of Copper Plates, Sheets and Strip in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 1,079 | 0% |
| Egypt | 192 | 177 | 255 | 520 | 39.4% |
| Tanzania | 3.6 | 0.6 | 0.4 | 153 | 249.0% |
| India | 4.4 | 7.3 | N/A | 41.4 | 111.1% |
| Rwanda | 29.7 | 4.0 | 8.4 | 4.9 | -45.2% |
| Vietnam | 959 | 698 | 760 | N/A | -11.0% |
| Oman | 1,432 | 949 | 583 | N/A | -36.2% |
| Others | 288 | 165 | 1,021 | 514 | 21.3% |
| Total | 2,908 | 2,000 | 2,627 | 2,313 | -7.3% |
Top Export Markets for Copper Plates, Sheets and Strip from the United Arab Emirates in 2022:
- Qatar (186.5 tons)
- Egypt (63.4 tons)
- Tanzania (18.8 tons)
- India (6.6 tons)
- Rwanda (3.4 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in the United Arab Emirates.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
