Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia - 2022

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia (CIF) - 2022

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $15,414 per ton in December 2022, reducing by -19.9% against the previous month. In general, import price indicated a slight increase from December 2021 to December 2022: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +28.9% against October 2022 indices. The growth pace was the most rapid in November 2022 when the average import price increased by 61% against the previous month. As a result, import price reached the peak level of $19,251 per ton, and then declined remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35,748 per ton), while the price for Turkey ($11,282 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), 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 Tunisia (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $13,786 per ton, declining by -45.4% against the previous year. In general, the export price, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2021 an increase of 70% against the previous year. As a result, the export price attained the peak level of $25,236 per ton, and then declined sharply in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($14,036 per ton), while the average price for exports to Libya ($11,462 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 Libya (+4.4%).

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia

Imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into Tunisia skyrocketed to 164 tons in 2022, increasing by 28% compared with 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. As a result, imports reached the peak of 166 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $1.7M in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Tunisia in 2022:

1. France (72.7 tons)
2. Turkey (26.5 tons)
3. Spain (24.5 tons)
4. Italy (16.9 tons)
5. Germany (9.7 tons)
6. Egypt (7.6 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Tunisia

For the fourth consecutive year, Tunisia recorded growth in shipments abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 130% to 448 kg in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $6.2K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Tunisia in 2022:

1. Algeria (336.0 kg)
2. Turkey (99.0 kg)
3. Libya (13.0 kg)

Source: IndexBox Market Intelligence Platform