Price for Copper; Waste and Scrap in Tanzania - 2023
Contents:
- Price for Copper; Waste and Scrap in Tanzania (CIF) - 2022
- Price for Copper; Waste and Scrap in Tanzania (FOB) - 2022
- Imports of Copper; Waste and Scrap in Tanzania
- Exports of Copper; Waste and Scrap in Tanzania
Price for Copper; Waste and Scrap in Tanzania (CIF) - 2022
The average copper; waste and scrap import price stood at $9,314 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2018 an increase of 40% against the previous year. The import price peaked at $9,318 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($9,382 per ton), while the price for Uganda ($119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+8.7%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Waste and Scrap in Tanzania (FOB) - 2022
The average copper; waste and scrap export price stood at $1,838 per ton in 2022, which is down by -8.2% against the previous year. Overall, the export price, however, showed notable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 457% against the previous year. As a result, the export price reached the peak level of $4,813 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($5,362 per ton), while the average price for exports to India ($489 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 Italy (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Waste and Scrap in Tanzania
In 2022, approx. 5.2K tons of copper; waste and scraps were imported into Tanzania; with an increase of 20% against 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, copper; waste and scrap imports skyrocketed to $48M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 126% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Copper; Waste and Scrap in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 11.4 | 25.9 | 40.4 | 48.4 | 61.9% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 11.5 | 25.9 | 40.4 | 48.5 | 61.6% |
Top Suppliers of Copper; Waste and Scrap to Tanzania in 2022:
- Democratic Republic of the Congo (5.2K tons)
Exports of Copper; Waste and Scrap in Tanzania
In 2022, overseas shipments of copper; waste and scraps decreased by -47% to 871 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper; waste and scrap exports shrank rapidly to $1.6M in 2022. Overall, exports saw a dramatic setback. The smallest decline of -33.9% was in 2021.
| Export of Copper; Waste and Scrap in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,056 | 2,007 | 1,787 | 361 | -30.1% |
| Greece | 2,090 | 602 | 191 | 345 | -45.1% |
| China | 483 | 183 | 65.9 | 298 | -14.9% |
| South Korea | 517 | 457 | 396 | 137 | -35.8% |
| Italy | 1,439 | 324 | 80.3 | 129 | -55.2% |
| Belgium | 50.3 | 155 | 197 | 70.2 | 11.8% |
| Hong Kong SAR | 625 | 112 | 19.3 | 44.4 | -58.6% |
| Germany | 24.1 | 324 | 3.4 | 42.3 | 20.6% |
| Malaysia | 329 | 73.6 | 18.2 | 25.5 | -57.4% |
| India | 112 | 220 | 425 | 23.4 | -40.7% |
| Democratic People's Republic of Korea | 264 | 57.3 | 13.7 | 18.6 | -58.7% |
| Others | 1,292 | 463 | 92.8 | 107 | -56.4% |
| Total | 8,283 | 4,978 | 3,289 | 1,601 | -42.2% |
Top Export Markets for Copper; Waste and Scrap from Tanzania in 2022:
- China (329.0 tons)
- United Arab Emirates (134.2 tons)
- Belgium (71.8 tons)
- Greece (64.3 tons)
- India (47.9 tons)
- Germany (41.6 tons)
- Malaysia (37.9 tons)
- Italy (37.0 tons)
- South Korea (28.8 tons)
- Hong Kong SAR (23.2 tons)
- Democratic People's Republic of Korea (22.9 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
