Price for Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon (CIF) - 2022
  2. Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon

Price for Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon (CIF) - 2022

In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $10,827 per ton, with an increase of 37% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 48% against the previous year. As a result, import price reached the peak level of $13,824 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 France ($27,171 per ton), while the price for Spain amounted to $9,305 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon

In 2022, purchases abroad of copper; bars, rods and profiles, of refined coppers decreased by -60.2% to 5.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 303%.

In value terms, imports of copper; bars, rods and profiles, of refined coppers contracted rapidly to $57K in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 478%. As a result, imports reached the peak of $152K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Copper; Bars, Rods and Profiles, of Refined Copper in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.71.183.945.1300.9%
France23.014016.812.3-18.8%
ChinaN/A5.43.9N/A-27.8%
United Arab EmiratesN/A1.8N/AN/A0%
Italy1.2N/AN/AN/A0%
Others1.43.70.1N/A-73.3%
Total26.315210557.329.6%

Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Cameroon in 2022:

  1. Spain (4.8 tons)
  2. France (0.5 tons)

Source: IndexBox Market Intelligence Platform

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