Price for Copper Plates, Sheets and Strip in Uganda - 2022

Contents:

  1. Price for Copper Plates, Sheets and Strip in Uganda (CIF) - 2022
  2. Price for Copper Plates, Sheets and Strip in Uganda (FOB) - 2022
  3. Imports of Copper Plates, Sheets and Strip in Uganda
  4. Exports of Copper Plates, Sheets and Strip in Uganda

Price for Copper Plates, Sheets and Strip in Uganda (CIF) - 2022

In 2022, the average import price for copper plates, sheets and strips amounted to $7,378 per ton, with an increase of 5.5% against the previous year. Over the period under review, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 120% against the previous year. The import price peaked at $9,819 per ton in 2012; however, from 2013 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 UK ($20,240 per ton), while the price for the United States ($429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Uganda (FOB) - 2022

In 2022, the average export price for copper plates, sheets and strips amounted to $9,868 per ton, surging by 26% against the previous year. Over the period under review, the export price recorded a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 90%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($114,233 per ton), while the average price for exports to Democratic Republic of the Congo ($846 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 Burundi (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Uganda

In 2022, overseas purchases of copper plates, sheets and strips were finally on the rise to reach 31 tons after two years of decline. Overall, imports, however, saw a abrupt curtailment.

In value terms, copper plates, sheets and strip imports soared to $231K in 2022. In general, imports continue to indicate a strong expansion. 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 Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.925.52.993.853.6%
India92.427.153.362.0-12.5%
Turkey0.51.014.516.3219.5%
Italy6.86.48.812.221.5%
Japan6.15.26.58.210.4%
United Kingdom0.711.024.86.3108.0%
United Arab Emirates12.56.74.05.4-24.4%
Czech Republic1.51.11.31.4-2.3%
United States0.60.40.30.3-20.6%
Others40.426.424.725.6-14.1%
Total1871111412317.3%

Top Suppliers of Copper Plates, Sheets and Strip to Uganda in 2022:

  1. China (15.8 tons)
  2. India (5.6 tons)
  3. United Arab Emirates (2.6 tons)
  4. Czech Republic (2.5 tons)
  5. Turkey (1.4 tons)
  6. Italy (0.9 tons)
  7. United States (0.7 tons)
  8. Japan (0.4 tons)
  9. United Kingdom (0.3 tons)

Exports of Copper Plates, Sheets and Strip in Uganda

In 2022, exports of copper plates, sheets and strips from Uganda expanded notably to 6.9 tons, picking up by 11% compared with 2021 figures. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 93%.

In value terms, copper plates, sheets and strip exports soared to $68K in 2022. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 114% against the previous year.

Export of Copper Plates, Sheets and Strip in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya73.515.940.659.5-6.8%
Democratic Republic of the Congo1.71.62.22.716.7%
Burundi0.30.90.80.732.6%
Others5.24.24.85.1-0.6%
Total80.722.648.568.1-5.5%

Top Export Markets for Copper Plates, Sheets and Strip from Uganda in 2022:

  1. Kenya (3.6 tons)
  2. Democratic Republic of the Congo (3.2 tons)

Source: IndexBox Market Intelligence Platform

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