Copper Springs Price in South Africa - 2022

Copper Springs Price in South Africa (FOB) - 2022

The average copper springs export price stood at $651 per ton in 2022, with a decrease of -9.9% against the previous year. Over the period under review, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2014 a decrease of -8.4%. The export price peaked at $2,320 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Seychelles.

From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to -10.4% per year.

Copper Springs Exports in South Africa

For the fourth year in a row, South Africa recorded growth in shipments abroad of copper springses, which increased by 6.3% to 2.8 tons in 2022. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, copper springs exports dropped to $1.8K in 2022. Over the period under review, exports, however, showed a pronounced setback. The smallest decline of -4.2% was in 2021.