Price for Copper; Refined, Unwrought, Wire-Bars in Sri Lanka - 2021
Contents:
- Price for Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (CIF) - 2022
- Price for Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (FOB) - 2022
- Imports of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka
- Exports of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka
Price for Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (CIF) - 2022
The average copper; refined, unwrought, wire-bars import price stood at $569 per ton in 2022, with a decrease of -1.5% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2019 an increase of 3.6%. The import price peaked at $4,779 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -19.3% per year.
Price for Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (FOB) - 2022
The average copper; refined, unwrought, wire-bars export price stood at $6,794 per ton in 2022, falling by -4% against the previous year. In general, the export price saw a slight slump. The pace of growth appeared the most rapid in 2017 an increase of 7.8%. The export price peaked at $7,955 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($7,598 per ton), while the average price for exports to India totaled $5,992 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.4%).
Imports of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka
In 2022, overseas purchases of copper; refined, unwrought, wire-barses were finally on the rise to reach 253 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, copper; refined, unwrought, wire-bars imports rose rapidly to $144 in 2022. In general, imports, however, showed a abrupt decrease.
Import of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 168 | 149 | 131 | 140 | -5.9% |
Others | 5.0 | 5.0 | 6.0 | 4.0 | -7.2% |
Total | 173 | 154 | 137 | 144 | -5.9% |
Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Sri Lanka in 2022:
- Saudi Arabia (248.0 kg)
Exports of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka
In 2022, overseas shipments of copper; refined, unwrought, wire-barses were finally on the rise to reach 7.8 tons after two years of decline. Over the period under review, exports, however, saw a abrupt slump.
In value terms, copper; refined, unwrought, wire-bars exports expanded markedly to $53K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
Export of Copper; Refined, Unwrought, Wire-Bars in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 33.2 | 29.7 | 26.5 | 29.6 | -3.8% |
India | 32.8 | 27.2 | 22.5 | 23.4 | -10.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 65.9 | 56.9 | 49.1 | 53.0 | -7.0% |
Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from Sri Lanka in 2022:
- Singapore (3.9 tons)
- India (3.9 tons)
This report provides an in-depth analysis of the copper market in Sri Lanka.
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Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>