Price for Copper; Waste and Scrap in Uganda - 2022

Contents:

1. Price for Copper; Waste and Scrap in Uganda (FOB) - 2022
2. Price for Copper; Waste and Scrap in Uganda (CIF) - 2022
3. Exports of Copper; Waste and Scrap in Uganda
4. Imports of Copper; Waste and Scrap in Uganda

Price for Copper; Waste and Scrap in Uganda (FOB) - 2022

The average copper; waste and scrap export price stood at $1,428 per ton in 2022, falling by -5.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 41%. As a result, the export price attained the peak level of $6,083 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,505 per ton), while the average price for exports to Tanzania ($849 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 France (+1.1%), while the prices for the other major destinations experienced a decline.

Price for Copper; Waste and Scrap in Uganda (CIF) - 2022

In 2022, the average copper; waste and scrap import price amounted to $3,260 per ton, growing by 6.4% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 69%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Democratic Republic of the Congo ($23,465 per ton), while the price for Rwanda stood at $676 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+44.8%).

Exports of Copper; Waste and Scrap in Uganda

In 2022, exports of copper; waste and scraps from Uganda expanded significantly to 31 tons, picking up by 5.5% on the year before. Overall, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 52 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, copper; waste and scrap exports reduced slightly to $44K in 2022. In general, exports, however, continue to indicate a sharp setback.

Top Export Markets for Copper; Waste and Scrap from Uganda in 2022:

1. France (27.3 tons)
2. Tanzania (2.7 tons)
3. United Arab Emirates (1.0 tons)

Imports of Copper; Waste and Scrap in Uganda

In 2022, overseas purchases of copper; waste and scraps decreased by -47.9% to 5.9 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 408%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper; waste and scrap imports reduced rapidly to $19K in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 567% against the previous year. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Copper; Waste and Scrap to Uganda in 2022:

1. Rwanda (5.2 tons)
2. Democratic Republic of the Congo (0.6 tons)

Source: IndexBox Market Intelligence Platform