Price for Copper; Refined and Copper Alloys, Unwrought in Uganda - 2022
Contents:
- Price for Copper; Refined and Copper Alloys, Unwrought in Uganda (CIF) - 2022
- Price for Copper; Refined and Copper Alloys, Unwrought in Uganda (FOB) - 2022
- Imports of Copper; Refined and Copper Alloys, Unwrought in Uganda
- Exports of Copper; Refined and Copper Alloys, Unwrought in Uganda
Price for Copper; Refined and Copper Alloys, Unwrought in Uganda (CIF) - 2022
The average import price for copper; refined and copper alloys, unwroughts stood at $3,154 per ton in 2022, increasing by 1.6% against the previous year. In general, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $6,560 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 India ($10,783 per ton), while the price for China ($2,661 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Refined and Copper Alloys, Unwrought in Uganda (FOB) - 2022
The average export price for copper; refined and copper alloys, unwroughts stood at $1,329 per ton in 2022, which is down by -61.6% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 102% against the previous year. As a result, the export price attained the peak level of $3,458 per ton, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($47,351 per ton), while the average price for exports to Democratic Republic of the Congo stood at $804 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Refined and Copper Alloys, Unwrought in Uganda
For the third consecutive year, Uganda recorded decline in purchases abroad of copper; refined and copper alloys, unwroughts, which decreased by -74.6% to 20 tons in 2022. Overall, imports recorded a significant decline. The smallest decline of -35.9% was in 2020.
In value terms, imports of copper; refined and copper alloys, unwroughts shrank notably to $62K in 2022. In general, imports faced a sharp setback. The smallest decline of -45.8% was in 2021.
| Import of Copper; Refined and Copper Alloys, Unwrought in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 506 | 326 | 158 | 47.8 | -54.5% |
| United Arab Emirates | 172 | 100 | 71.8 | 7.2 | -65.3% |
| India | 215 | 13.1 | 6.7 | 5.5 | -70.5% |
| Others | 16.0 | 4.7 | 3.6 | 1.7 | -52.6% |
| Total | 910 | 444 | 241 | 62.2 | -59.1% |
Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Uganda in 2022:
- China (18.0 tons)
- United Arab Emirates (1.1 tons)
- India (0.5 tons)
Exports of Copper; Refined and Copper Alloys, Unwrought in Uganda
In 2022, approx. 10 tons of copper; refined and copper alloys, unwroughts were exported from Uganda; jumping by 109% against the previous year's figure. Overall, exports continue to indicate significant growth. 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 dropped dramatically to $13K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of $17K, and then shrank notably in the following year.
| Export of Copper; Refined and Copper Alloys, Unwrought in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 5.3 | 5.9 | 2.1 | 8.0 | 14.7% |
| Rwanda | 3.9 | 4.2 | 1.5 | 5.4 | 11.5% |
| India | N/A | N/A | 13.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.2 | 10.1 | 16.7 | 13.4 | 13.4% |
Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Uganda in 2022:
- Democratic Republic of the Congo (10.0 tons)
- Rwanda (0.1 tons)
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