Sulphates; of Copper Price in Tanzania - 2021

Contents:

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

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

In 2022, the average sulphates; of copper import price amounted to $2,986 per ton, jumping by 38% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +63.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($3,353 per ton), while the price for Swaziland ($1,228 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphates; of copper export price stood at $13,241 per ton in 2022, surging by 443% against the previous year. Over the period under review, the export price recorded resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($13,714 per ton), while the average price for exports to Botswana amounted to $111 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+15.8%).

Sulphates; of Copper Imports in Tanzania

In 2022, purchases abroad of sulphates; of coppers decreased by -40% to 304 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, imports reached the peak of 506 tons, and then dropped dramatically in the following year.

In value terms, sulphates; of copper imports shrank notably to $907K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $1.1M, and then shrank markedly in the following year.

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

1. Russia (103.4 tons)
2. Netherlands (75.0 tons)
3. South Africa (52.0 tons)
4. Turkey (25.5 tons)
5. Swaziland (25.3 tons)
6. China (21.2 tons)

Sulphates; of Copper Exports in Tanzania

In 2022, overseas shipments of sulphates; of coppers decreased by -96.7% to 518 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 when exports increased by 2.4%.

In value terms, sulphates; of copper exports declined sharply to $6.9K in 2022. Overall, exports continue to indicate a significant decrease. The smallest decline of -8.7% was in 2020.

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

1. Burundi (500.0 kg)
2. Botswana (18.0 kg)

Source: IndexBox Market Intelligence Platform