Middle East: Copper Powder Market 2024

Copper Powder Market Size in the Middle East

The Middle Eastern copper powder market fell significantly to $X in 2022, waning by X% against the previous year. Overall, consumption saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Copper Powder Production in the Middle East

In value terms, copper powder production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Copper Powder Exports

Exports in the Middle East

In 2022, overseas shipments of copper powders and flakes increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a pronounced contraction. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper powder exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of copper powders and flakes, namely Turkey, the United Arab Emirates and Israel, represented more than two-thirds of total export. Lebanon (X tons) ranks next in terms of the total exports with a X% share, followed by Saudi Arabia (X%). Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest copper powder supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), together accounting for X% of total exports. Lebanon, Saudi Arabia and Iran lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Lebanon, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Copper Powder Imports

Imports in the Middle East

In 2022, supplies from abroad of copper powders and flakes decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, copper powder imports reduced markedly to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

Turkey was the main importer of copper powders and flakes in the Middle East, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X tons), Iran (X tons), Iraq (X tons), Israel (X tons) and Kuwait (X tons), together constituting a X% share of total imports. Jordan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported copper powders and flakes in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

In Turkey, copper powder imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iraq ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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