Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (FOB) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (CIF) - 2022
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $2,048 per ton, dropping by -15.2% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 when the average export price increased by 142% against the previous year. As a result, the export price attained the peak level of $4,081 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,167 per ton), while the average price for exports to Kenya totaled $402 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.0%), while the prices for the other major destinations experienced a decline.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,518 per ton, jumping by 48% against the previous year. Overall, the import price showed prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($21,816 per ton), while the price for the UK ($4,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s exported from Ethiopia soared to 76 tons, growing by 204% against the previous year. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $156K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 15.5 | 58.8 | 154 | 187.2% |
| Kenya | 0.3 | 0.3 | 1.7 | 2.1 | 91.3% |
| Hong Kong SAR | N/A | 8.6 | N/A | N/A | 0% |
| Somalia | 8.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.5 | 24.4 | 60.5 | 156 | 115.9% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Ethiopia in 2022:
- China (70.9 tons)
- Kenya (5.2 tons)
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia
In 2022, purchases abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s was finally on the rise to reach 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic contraction.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $25K in 2022. In general, imports, however, saw a dramatic slump.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 19.5 | 2.7 | 3.9 | 9.3 | -21.9% |
| United Kingdom | 6.4 | 1.0 | 1.7 | 4.8 | -9.1% |
| China | 11.4 | 2.6 | 0.4 | 3.8 | -30.7% |
| India | 6.9 | 0.3 | 0.2 | 3.4 | -21.0% |
| Italy | 5.8 | 1.3 | 0.2 | 1.0 | -44.3% |
| Turkey | 2.8 | 0.3 | 0.3 | 0.9 | -31.5% |
| United Arab Emirates | 6.1 | 0.4 | N/A | N/A | -93.4% |
| Others | 9.1 | 1.6 | 2.1 | 1.4 | -46.4% |
| Total | 68.0 | 10.3 | 8.8 | 24.6 | -28.7% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Ethiopia in 2022:
- United Kingdom (974.0 kg)
- South Africa (888.0 kg)
- China (572.0 kg)
- India (159.0 kg)
- Turkey (138.0 kg)
- Italy (91.0 kg)
- United Arab Emirates (1.0 kg)
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