Price for Refined Copper Tube and Pipe in Uganda - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Uganda (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Uganda (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Uganda
- Exports of Refined Copper Tube and Pipe in Uganda
Price for Refined Copper Tube and Pipe in Uganda (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $15,965 per ton, rising by 69% against the previous year. Overall, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 104% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($28,489 per ton), while the price for South Africa ($5,478 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Uganda (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $2,043 per ton in 2022, dropping by -12.2% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,167 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for South Sudan amounted to +7.8% per year.
Imports of Refined Copper Tube and Pipe in Uganda
In 2022, imports of tubes and pipes of refined copper into Uganda skyrocketed to 38 tons, picking up by 16% compared with the year before. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 121%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, refined copper tube and pipe imports surged to $600K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 107% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Refined Copper Tube and Pipe in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 99.2 | 63.3 | 91.6 | 247 | 35.5% |
| United States | 18.1 | 19.9 | 34.1 | 148 | 101.5% |
| China | 1.7 | 0.3 | 105 | 100 | 288.9% |
| Belgium | 0.1 | 0.1 | 0.2 | 87.9 | 857.9% |
| India | 1.1 | 3.1 | 8.5 | 6.1 | 77.0% |
| South Korea | 20.8 | 3.7 | 6.4 | 4.3 | -40.9% |
| South Africa | 0.1 | 20.7 | 19.2 | 2.3 | 184.4% |
| Thailand | 26.0 | N/A | N/A | N/A | 0% |
| Others | 19.3 | 37.2 | 41.1 | 5.1 | -35.8% |
| Total | 186 | 148 | 306 | 600 | 47.8% |
Top Suppliers of Refined Copper Tube and Pipe to Uganda in 2022:
- United Arab Emirates (16.6 tons)
- United States (8.0 tons)
- China (7.7 tons)
- Belgium (3.1 tons)
- India (0.8 tons)
- South Korea (0.5 tons)
- South Africa (0.4 tons)
Exports of Refined Copper Tube and Pipe in Uganda
In 2022, the amount of tubes and pipes of refined copper exported from Uganda fell markedly to 23 kg, which is down by -83.6% against 2021. Over the period under review, exports showed a dramatic descent. The smallest decline of -37% was in 2020.
In value terms, refined copper tube and pipe exports dropped notably to $47 in 2022. Overall, exports continue to indicate a significant contraction. The smallest decline of -42.9% was in 2020.
| Export of Refined Copper Tube and Pipe in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 52.0 | 1,313 | 43.0 | 47.0 | -3.3% |
| South Sudan | 2,248 | N/A | N/A | N/A | 0% |
| Senegal | N/A | N/A | 283 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,300 | 1,313 | 326 | 47.0 | -72.7% |
Top Export Markets for Refined Copper Tube and Pipe from Uganda in 2022:
- Rwanda (23.0 kg)
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