Price for Copper; Refined and Copper Alloys, Unwrought in Cameroon - 2022

Contents:

  1. Price for Copper; Refined and Copper Alloys, Unwrought in Cameroon (FOB) - 2022
  2. Price for Copper; Refined and Copper Alloys, Unwrought in Cameroon (CIF) - 2022
  3. Exports of Copper; Refined and Copper Alloys, Unwrought in Cameroon
  4. Imports of Copper; Refined and Copper Alloys, Unwrought in Cameroon

Price for Copper; Refined and Copper Alloys, Unwrought in Cameroon (FOB) - 2022

In 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $7,503 per ton, with an increase of 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. The export price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.7% per year.

Price for Copper; Refined and Copper Alloys, Unwrought in Cameroon (CIF) - 2022

The average import price for copper; refined and copper alloys, unwroughts stood at $11,738 per ton in 2022, increasing by 23% against the previous year. In general, the import price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 98% against the previous year. Over the period under review, average import prices reached the maximum at $20,891 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($33,073 per ton), while the price for China ($1,162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.9%), while the prices for the other major suppliers experienced a decline.

Exports of Copper; Refined and Copper Alloys, Unwrought in Cameroon

In 2022, overseas shipments of copper; refined and copper alloys, unwroughts were finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; refined and copper alloys, unwroughts skyrocketed to $14M in 2022. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Refined and Copper Alloys, Unwrought in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.56.55.613.817.5%
IndiaN/AN/A1.8N/A0%
Others0.30.10.3N/A0.0%
Total8.86.57.713.816.2%

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Cameroon in 2022:

  1. China (1836.8 tons)

Imports of Copper; Refined and Copper Alloys, Unwrought in Cameroon

In 2022, purchases abroad of copper; refined and copper alloys, unwroughts decreased by -46.1% to 1.6 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 7.7%. As a result, imports reached the peak of 4.2 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; refined and copper alloys, unwroughts dropped significantly to $18K in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9.4% against the previous year. As a result, imports attained the peak of $34K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper; Refined and Copper Alloys, Unwrought in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10.112.38.87.7-8.6%
Netherlands1.32.33.93.539.1%
France5.77.86.22.3-26.1%
United States1.62.02.21.4-4.4%
Italy0.81.21.50.94.0%
China1.71.91.70.8-22.2%
Belgium5.24.21.30.5-54.2%
Germany3.1N/AN/AN/A0%
Others1.22.01.91.20.0%
Total30.833.727.518.3-15.9%

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Cameroon in 2022:

  1. China (722.0 kg)
  2. France (252.0 kg)
  3. Spain (246.0 kg)
  4. Netherlands (161.0 kg)
  5. Italy (79.0 kg)
  6. United States (41.0 kg)
  7. Belgium (37.0 kg)

Source: IndexBox Market Intelligence Platform

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