Sulphates; of Copper Price in Turkey - 2023
Contents:
- Sulphates; of Copper Price in Turkey (FOB) - 2023
- Sulphates; of Copper Price in Turkey (CIF) - 2023
- Sulphates; of Copper Exports in Turkey
- Sulphates; of Copper Imports in Turkey
Sulphates; of Copper Price in Turkey (FOB) - 2023
The average sulphates; of copper export price stood at $2,483 per ton in July 2023, which is down by -2.2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 3.4% against the previous month. The export price peaked at $2,695 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the countries with the highest prices were Senegal ($2,561 per ton) and Morocco ($2,550 per ton), while the average price for exports to Suriname ($2,431 per ton) and Cuba ($2,445 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Copper Price in Turkey (CIF) - 2023
In July 2023, the average sulphates; of copper import price amounted to $2,438 per ton, with a decrease of -3.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 22% m-o-m. The import price peaked at $2,762 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($4,482 per ton), while the price for Spain ($652 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.7%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Copper Exports in Turkey
In 2022, exports of sulphates; of coppers from Turkey skyrocketed to 27K tons, increasing by 29% compared with the previous year. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, sulphates; of copper exports skyrocketed to $71M in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Sulphates; of Copper in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 5.7 | 3.1 | 8.4 | 7.6 | 10.1% |
| South Africa | N/A | 1.1 | 9.6 | 7.2 | 155.8% |
| United Kingdom | 3.7 | 2.0 | 5.8 | 6.1 | 18.1% |
| Spain | 2.2 | 3.2 | 4.4 | 5.7 | 37.3% |
| Denmark | 2.5 | 1.5 | 2.5 | 3.8 | 15.0% |
| Eritrea | 0.9 | N/A | 0.1 | 3.7 | 60.2% |
| Liberia | 0.8 | 0.9 | 2.1 | 3.5 | 63.6% |
| Morocco | 0.5 | 2.9 | 2.4 | 3.4 | 89.5% |
| Kenya | N/A | N/A | N/A | 3.0 | 0% |
| Canada | 1.0 | 0.8 | 0.2 | 2.7 | 39.2% |
| France | 4.4 | 3.2 | 3.0 | 2.6 | -16.1% |
| Guinea | N/A | 0.4 | 0.9 | 2.2 | 134.5% |
| Israel | 0.2 | 0.6 | 1.3 | 2.0 | 115.4% |
| Others | 26.2 | 14.0 | 11.6 | 17.1 | -13.3% |
| Total | 48.1 | 33.6 | 52.3 | 70.5 | 13.6% |
Top Export Markets for Sulphates; of Copper from Turkey in 2022:
- Portugal (2.8K tons)
- South Africa (2.8K tons)
- United Kingdom (2.3K tons)
- Spain (2.1K tons)
- Eritrea (1.4K tons)
- Denmark (1.4K tons)
- Liberia (1.3K tons)
- Morocco (1.3K tons)
- Kenya (1.2K tons)
- Canada (1.0K tons)
- France (1.0K tons)
- Israel (0.8K tons)
- Guinea (0.8K tons)
Sulphates; of Copper Imports in Turkey
In 2022, supplies from abroad of sulphates; of coppers decreased by -55.5% to 3.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 712%. As a result, imports attained the peak of 7.7K tons, and then reduced markedly in the following year.
In value terms, sulphates; of copper imports contracted notably to $8.2M in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 859% against the previous year. As a result, imports reached the peak of $16M, and then fell significantly in the following year.
| Import of Sulphates; of Copper in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | 0.5 | 14.4 | 4.3 | 193.3% |
| Russia | N/A | N/A | N/A | 2.5 | 0% |
| Germany | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
| Serbia | 0.1 | N/A | 1.0 | 0.4 | 58.7% |
| United States | N/A | 0.2 | N/A | 0.2 | 0.0% |
| France | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Others | 0.1 | 0.3 | 0.3 | 0.1 | 0.0% |
| Total | 0.7 | 1.7 | 16.4 | 8.2 | 127.1% |
Top Suppliers of Sulphates; of Copper to Turkey in 2022:
- Uzbekistan (1822.5 tons)
- Russia (1124.4 tons)
- Germany (212.4 tons)
- Serbia (120.0 tons)
- United States (96.8 tons)
- France (27.3 tons)
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