Copper; Master Alloys Price in Ghana - 2023

Contents:

1. Copper; Master Alloys Price in Ghana (CIF) - 2022
2. Copper; Master Alloys Price in Ghana (FOB) - 2022
3. Copper; Master Alloys Imports in Ghana
4. Copper; Master Alloys Exports in Ghana

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

In 2022, the average copper; master alloys import price amounted to $3,481 per ton, with an increase of 5.2% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $7,165 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,750 per ton), while the price for China ($2,083 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+186.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Copper; Master Alloys Price in Ghana (FOB) - 2022

The average copper; master alloys export price stood at $2,423 per ton in 2020, surging by 55% against the previous year. Over the period under review, export price indicated significant growth from 2019 to 2020: its price increased at an average annual rate of +54.7% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached 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 South Africa ($6,815 per ton), while the average price for exports to Tanzania stood at $1,284 per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Imports in Ghana

In 2022, approx. 54 kg of copper; master alloyses were imported into Ghana; waning by -23.9% on 2021. Over the period under review, imports continue to indicate a precipitous contraction. The smallest decline of -22% was in 2021.

In value terms, copper; master alloys imports fell markedly to $188 in 2022. In general, imports faced a significant curtailment.

Top Suppliers of Copper; Master Alloys to Ghana in 2022:

1. India (38.0 kg)
2. China (12.0 kg)
3. United Kingdom (4.0 kg)

Copper; Master Alloys Exports in Ghana

Copper; master alloys exports from Ghana shrank markedly to 733 kg in 2020, waning by -63.3% compared with the previous year's figure. In general, exports saw a sharp setback.

In value terms, copper; master alloys exports dropped dramatically to $1.8K in 2020. Over the period under review, exports faced a precipitous decrease.

Top Export Markets for Copper; Master Alloys from Ghana in 2022:

1. Tanzania (582.0 kg)
2. South Africa (151.0 kg)

Source: IndexBox Market Intelligence Platform