Price for Copper; Refined, Unwrought, Billets in Kenya - 2022

Contents:

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

Price for Copper; Refined, Unwrought, Billets in Kenya (CIF) - 2022

The average copper; refined, unwrought, billets import price stood at $7,024 per ton in 2022, standing approx. at the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; refined, unwrought, billets import price increased by +7.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28% against the previous year. The import price peaked at $8,214 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.0% per year.

Price for Copper; Refined, Unwrought, Billets in Kenya (FOB) - 2022

The average copper; refined, unwrought, billets export price stood at $7,987 per ton in 2020, with an increase of 1.9% against the previous year. Over the last one-year period, it increased at an average annual rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2020, the rate of growth in terms of prices for Rwanda amounted to +1.9% per year.

Imports of Copper; Refined, Unwrought, Billets in Kenya

Copper; refined, unwrought, billets imports into Kenya soared to 2.2 tons in 2022, increasing by 15% against the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year. As a result, imports attained the peak of 2.5 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper; refined, unwrought, billets imports surged to $16K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 80% against the previous year. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Copper; Refined, Unwrought, Billets in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.89.113.415.516.5%
FranceN/A8.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.817.613.415.516.5%

Top Suppliers of Copper; Refined, Unwrought, Billets to Kenya in 2022:

  1. India (2.2 tons)

Exports of Copper; Refined, Unwrought, Billets in Kenya

In 2020, exports of copper; refined, unwrought, billetses from Kenya contracted notably to 77 kg, reducing by -16.3% on the previous year. Over the period under review, exports continue to indicate a abrupt contraction.

In value terms, copper; refined, unwrought, billets exports shrank to $615 in 2020. In general, exports saw a drastic downturn.

Export of Copper; Refined, Unwrought, Billets in Kenya (USD)
COUNTRY20192020CAGR,
2019-2020
Rwanda721615-14.7%
OthersN/AN/A0%
Total721615-14.7%

Top Export Markets for Copper; Refined, Unwrought, Billets from Kenya in 2022:

  1. Rwanda (77.0 kg)

Source: IndexBox Market Intelligence Platform

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