Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia (CIF) - 2022
In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $6,237 per ton, which is down by -7.8% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -29.8% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 61%. As a result, import price attained the peak level of $8,889 per ton. From 2019 to 2022, the average 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 China ($7,439 per ton), while the price for India ($3,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia
In 2022, supplies from abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -89.3% to 11 tons, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. As a result, imports reached the peak of 168 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted sharply to $67K in 2022. Over the period under review, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 78% against the previous year. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 690 | 1,212 | 633 | 60.2 | -55.6% |
| China | 3.4 | 8.4 | 1.1 | 1.4 | -25.6% |
| India | 5.1 | 13.4 | 3.4 | 1.2 | -38.3% |
| South Africa | 1.1 | 8.3 | 11.3 | 1.0 | -3.1% |
| Others | 19.7 | 40.6 | 26.2 | 2.8 | -47.8% |
| Total | 719 | 1,283 | 675 | 66.7 | -54.7% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Ethiopia in 2022:
- Egypt (9.7 tons)
- India (0.3 tons)
- South Africa (0.2 tons)
- China (0.2 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Ethiopia.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
