Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ghana - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ghana (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ghana
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Ghana (CIF) - 2022
In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $12,375 per ton, picking up by 2% against the previous year. Overall, the import price posted buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($64,200 per ton), while the price for Turkey ($2,398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.1%), 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 Ghana
In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses imported into Ghana surged to 11 tons, picking up by 20% against the previous year. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 102% against the previous year. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $142K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. As a result, imports reached the peak of $163K. 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.5 | 54.3 | 45.4 | 38.0 | 121.4% |
| United Kingdom | 12.9 | 19.1 | 14.2 | 33.4 | 37.3% |
| Spain | 21.5 | 29.8 | 20.3 | 25.4 | 5.7% |
| China | 2.3 | 36.5 | 21.3 | 21.9 | 112.0% |
| Lebanon | 6.9 | 12.0 | 10.2 | 15.9 | 32.1% |
| India | 30.0 | 8.5 | 3.0 | 3.9 | -49.3% |
| Turkey | N/A | 0.1 | 0.3 | 2.0 | 347.2% |
| Others | 1.9 | 2.2 | 1.3 | 1.5 | -7.6% |
| Total | 79.0 | 163 | 116 | 142 | 21.6% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Ghana in 2022:
- Spain (7.6 tons)
- Turkey (0.8 tons)
- Lebanon (0.8 tons)
- United Arab Emirates (0.7 tons)
- China (0.7 tons)
- United Kingdom (0.5 tons)
- India (0.2 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Ghana.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
