Price for Refined Copper Tube and Pipe in Ghana - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Ghana (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Ghana (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Ghana
- Exports of Refined Copper Tube and Pipe in Ghana
Price for Refined Copper Tube and Pipe in Ghana (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $7,625 per ton in 2022, jumping by 37% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. Over the period under review, average import prices attained the peak figure at $9,292 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($39,580 per ton), while the price for the United Arab Emirates ($2,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Refined Copper Tube and Pipe in Ghana (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $14,889 per ton in 2022, rising by 16% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 125% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($20,895 per ton), while the average price for exports to China ($500 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 Angola (+19.0%).
Imports of Refined Copper Tube and Pipe in Ghana
In 2022, refined copper tube and pipe imports into Ghana skyrocketed to 290 tons, surging by 108% compared with the previous year. Over the period under review, imports, however, showed a deep reduction.
In value terms, refined copper tube and pipe imports skyrocketed to $2.2M in 2022. In general, imports, however, faced a drastic downturn.
| Import of Refined Copper Tube and Pipe in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,083 | 2,953 | 299 | 931 | -4.9% |
| Germany | 132 | 171 | 80.1 | 554 | 61.3% |
| Greece | 719 | 342 | 146 | 217 | -32.9% |
| China | 378 | 358 | 106 | 215 | -17.1% |
| Italy | 530 | 81.8 | 57.7 | 145 | -35.1% |
| United Arab Emirates | 66.7 | 51.2 | 13.4 | 4.2 | -60.2% |
| Others | 718 | 362 | 72.5 | 149 | -40.8% |
| Total | 3,626 | 4,321 | 775 | 2,215 | -15.2% |
Top Suppliers of Refined Copper Tube and Pipe to Ghana in 2022:
- South Africa (174.0 tons)
- China (44.7 tons)
- Italy (24.5 tons)
- Greece (17.9 tons)
- Germany (14.0 tons)
- United Arab Emirates (2.0 tons)
Exports of Refined Copper Tube and Pipe in Ghana
In 2022, the amount of tubes and pipes of refined copper exported from Ghana surged to 27 kg, jumping by 35% compared with the previous year's figure. Overall, exports, however, recorded a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 54%.
In value terms, refined copper tube and pipe exports skyrocketed to $402 in 2022. In general, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 57% against the previous year.
| Export of Refined Copper Tube and Pipe in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 455 | 160 | 249 | 397 | -4.4% |
| Cote d'Ivoire | 229 | 2.0 | 3.0 | 4.0 | -74.1% |
| China | N/A | N/A | N/A | 1.0 | 0% |
| Gabon | 55.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.0 | 5.0 | N/A | 150.0% |
| Total | 739 | 164 | 257 | 402 | -18.4% |
Top Export Markets for Refined Copper Tube and Pipe from Ghana in 2022:
- Angola (19.0 kg)
- Cote d'Ivoire (6.0 kg)
- China (2.0 kg)
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888
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