Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (CIF) - 2022
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (FOB) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,511 per ton in 2022, growing by 8.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($11,511 per ton) and Poland ($11,511 per ton), while the price for China ($11,511 per ton) and Turkey ($11,511 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (FOB) - 2022
The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,302 per ton in 2022, with an increase of 7.3% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +80.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 41%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($11,302 per ton), while the average price for exports to Belgium ($11,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt
In 2022, approx. 1.7K tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Egypt; waning by -5.1% compared with the year before. In general, imports faced a deep reduction. The smallest decline of -1.9% was in 2021.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses expanded slightly to $20M in 2022. Over the period under review, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.0 | 5.3 | 13.2 | 8.8 | 7.9% |
| China | 0.1 | 0.1 | 1.0 | 8.0 | 330.9% |
| Italy | 0.3 | 0.5 | N/A | 1.0 | 49.4% |
| Germany | 1.0 | 0.4 | 0.6 | 0.8 | -7.2% |
| Bulgaria | 7.9 | 6.9 | 1.9 | 0.7 | -55.4% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| Netherlands | 2.2 | 0.6 | 0.5 | N/A | -52.3% |
| Saudi Arabia | 2.4 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 0.4 | 2.3 | 0.4 | -30.7% |
| Total | 22.1 | 14.2 | 19.5 | 20.0 | -3.3% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Egypt in 2022:
- Turkey (764.0 tons)
- China (694.4 tons)
- Italy (88.5 tons)
- Germany (67.7 tons)
- Bulgaria (57.8 tons)
- Poland (30.6 tons)
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt
In 2022, shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses was finally on the rise to reach 229 tons after two years of decline. Overall, exports, however, saw a dramatic contraction.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $2.6M in 2022. In general, exports, however, continue to indicate a sharp downturn.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.1 | N/A | N/A | 2.0 | 171.4% |
| Lebanon | 4.0 | 1.4 | 0.5 | 0.4 | -53.6% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| Jordan | 0.8 | 2.3 | N/A | N/A | 187.5% |
| Syrian Arab Republic | 11.2 | 2.5 | N/A | N/A | -77.7% |
| Ethiopia | 2.8 | 1.3 | N/A | N/A | -53.6% |
| Greece | N/A | 3.1 | N/A | N/A | 0% |
| Algeria | 20.6 | 8.3 | N/A | N/A | -59.7% |
| Turkey | 1.9 | 6.1 | 1.1 | N/A | -23.9% |
| Others | 1.3 | 1.5 | N/A | N/A | 15.4% |
| Total | 42.7 | 26.5 | 1.6 | 2.6 | -60.7% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Egypt in 2022:
- Saudi Arabia (174.9 tons)
- Lebanon (36.8 tons)
- Belgium (17.2 tons)
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