Sulphates; of Copper Price in Egypt - 2022

Contents:

  1. Sulphates; of Copper Price in Egypt (CIF) - 2022
  2. Sulphates; of Copper Price in Egypt (FOB) - 2022
  3. Sulphates; of Copper Imports in Egypt
  4. Sulphates; of Copper Exports in Egypt

Sulphates; of Copper Price in Egypt (CIF) - 2022

The average sulphates; of copper import price stood at $2,954 per ton in 2022, surging by 51% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($5,499 per ton), while the price for Taiwan (Chinese) ($1,411 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Egypt (FOB) - 2022

The average sulphates; of copper export price stood at $1,260 per ton in 2022, approximately equating the previous year. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 235% against the previous year. As a result, the export price attained the peak level of $9,241 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to -0.6% per year.

Sulphates; of Copper Imports in Egypt

For the third consecutive year, Egypt recorded decline in supplies from abroad of sulphates; of coppers, which decreased by -31.6% to 754 tons in 2022. Overall, imports faced a significant contraction. The smallest decline of -22.1% was in 2020.

In value terms, sulphates; of copper imports reached $2.2M in 2022. Over the period under review, imports faced a significant decrease.

Import of Sulphates; of Copper in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico25639170.465736.9%
Taiwan (Chinese)20119821238524.2%
Spain541161214287-19.0%
Russia831814215242-33.7%
Poland25.613340.3238110.3%
Turkey1,0511,147525229-39.8%
China64889478.080.8-50.0%
Switzerland359N/AN/AN/A0%
United Kingdom14016481.1N/A-23.9%
United States196254138N/A-16.1%
Belarus1,04657.6314N/A-45.2%
Uzbekistan16618586.6N/A-27.8%
Others284461182111-26.9%
Total5,7444,8582,1572,229-27.1%

Top Suppliers of Sulphates; of Copper to Egypt in 2022:

  1. Taiwan (Chinese) (272.8 tons)
  2. Mexico (128.8 tons)
  3. Russia (98.1 tons)
  4. Spain (95.2 tons)
  5. Turkey (77.0 tons)
  6. Poland (43.4 tons)
  7. China (17.6 tons)

Sulphates; of Copper Exports in Egypt

For the fourth year in a row, Egypt recorded growth in overseas shipments of sulphates; of coppers, which increased by 414% to 269 tons in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of copper exports soared to $339K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphates; of Copper in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/A66.2339412.1%
MalaysiaN/A38.6N/AN/A0%
Sudan19.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.438.666.2339159.5%

Top Export Markets for Sulphates; of Copper from Egypt in 2022:

  1. Jordan (268.8 tons)

Source: IndexBox Market Intelligence Platform

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