Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Iraq - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Iraq (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Iraq
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Iraq (CIF) - 2022
In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,062 per ton, picking up by 5% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 an increase of 35%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,883 per ton), while the price for Turkey ($10,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), 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 Iraq
In 2022, approx. 178 tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Iraq; waning by -63.6% against 2021. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 218% against the previous year.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses shrank sharply to $2M in 2022. In general, imports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 328%. As a result, imports attained the peak of $5.2M, and then dropped rapidly in the following year.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4,044 | 716 | 2,797 | 1,031 | -36.6% |
| United Arab Emirates | 146 | 178 | 835 | 686 | 67.5% |
| United Kingdom | 10.6 | 89.2 | 421 | 199 | 165.8% |
| China | N/A | 48.1 | 28.8 | 51.6 | 3.6% |
| Russia | N/A | N/A | 426 | N/A | 0% |
| Egypt | N/A | 168 | N/A | N/A | 0% |
| Iran | 3.0 | 2.5 | 642 | N/A | 1362.9% |
| Others | 5.8 | 2.2 | 5.9 | 6.0 | 1.1% |
| Total | 4,209 | 1,204 | 5,157 | 1,973 | -22.3% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Iraq in 2022:
- Turkey (95.1 tons)
- United Arab Emirates (63.3 tons)
- United Kingdom (17.0 tons)
- China (2.7 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Iraq.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
