Price for Copper; Powders and Flakes in Iran - 2021

Contents:

1. Price for Copper; Powders and Flakes in Iran (CIF) - 2022
2. Price for Copper; Powders and Flakes in Iran (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Iran
4. Exports of Copper; Powders and Flakes in Iran

Price for Copper; Powders and Flakes in Iran (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $12,126 per ton, which is down by -8.6% against the previous year. In general, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2018 an increase of 28%. The import price peaked at $14,165 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($13,643 per ton), while the price for China ($6,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Powders and Flakes in Iran (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $6,840 per ton, shrinking by -2.3% against the previous year. Over the period under review, the export price, however, showed temperate growth. The pace of growth was the most pronounced in 2016 an increase of 79%. The export price peaked at $7,000 per ton in 2021, and then reduced modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.7% per year.

Imports of Copper; Powders and Flakes in Iran

Copper; powders and flakes imports into Iran was estimated at 292 tons in 2022, surging by 2.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports reached the peak of 317 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper; powders and flakes imports dropped to $3.5M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 17%.

Top Suppliers of Copper; Powders and Flakes to Iran in 2022:

1. United Arab Emirates (147.8 tons)
2. Turkey (35.2 tons)
3. Germany (32.9 tons)
4. Belgium (19.1 tons)
5. China (16.3 tons)
6. Russia (4.9 tons)

Exports of Copper; Powders and Flakes in Iran

In 2022, approx. 119 tons of copper; powders and flakeses were exported from Iran; with an increase of 64% on 2021. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 573% against the previous year. As a result, the exports reached the peak of 165 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, copper; powders and flakes exports surged to $813K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 551%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Copper; Powders and Flakes from Iran in 2022:

1. Turkey (118.8 tons)

Source: IndexBox Market Intelligence Platform