Price for Refined Copper Tube and Pipe in Ethiopia - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Ethiopia (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Ethiopia
Price for Refined Copper Tube and Pipe in Ethiopia (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,508 per ton in 2022, with an increase of 41% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $11,853 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Austria ($77,707 per ton), while the price for South Africa ($6,342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Ethiopia
For the third consecutive year, Ethiopia recorded decline in purchases abroad of tubes and pipes of refined copper, which decreased by -66.4% to 25 tons in 2022. Overall, imports recorded a significant curtailment. The smallest decline of -2.6% was in 2020.
In value terms, refined copper tube and pipe imports reduced notably to $290K in 2022. Over the period under review, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 17%. As a result, imports attained the peak of $952K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Refined Copper Tube and Pipe in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 757 | 868 | 218 | 169 | -39.3% |
Austria | 0.7 | 19.1 | 164 | 60.0 | 340.9% |
China | 28.2 | 27.5 | 69.5 | 37.7 | 10.2% |
India | 1.5 | 0.2 | 3.0 | 7.2 | 68.7% |
Saudi Arabia | 2.1 | 1.9 | 15.7 | 5.5 | 37.8% |
United States | 5.1 | 10.3 | 38.6 | 1.0 | -41.9% |
United Arab Emirates | 13.2 | 14.7 | 44.9 | 0.2 | -75.3% |
Others | 5.9 | 10.1 | 54.1 | 8.7 | 13.8% |
Total | 813 | 952 | 609 | 290 | -29.1% |
Top Suppliers of Refined Copper Tube and Pipe to Ethiopia in 2022:
- Canada (17.7 tons)
- China (4.9 tons)
- Austria (0.8 tons)
- India (0.5 tons)
- Saudi Arabia (0.4 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Ethiopia.
This report provides an in-depth analysis of the market for copper pipe and fitting in Ethiopia.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Ethiopia.
This report provides an in-depth analysis of the market for copper pipe and fitting in Ethiopia.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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