Copper; Master Alloys Price in Ethiopia - 2022

Copper; Master Alloys Price in Ethiopia (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $4,620 per ton, increasing by 36% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. The import price peaked at $10,827 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.0% per year.

Copper; Master Alloys Imports in Ethiopia

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; master alloyses, when their volume decreased by -26.4% to 1.4 tons. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 322% against the previous year.

In value terms, copper; master alloys imports amounted to $6.5K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 308%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.