Price for Copper; Bars, Rods and Profiles, of Refined Copper in Iraq - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Iraq (CIF) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Iraq
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Iraq (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $6,065 per ton, with a decrease of -39% against the previous year. In general, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 73%. The import price peaked at $10,979 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 the UK ($10,151 per ton), while the price for the United Arab Emirates ($4,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Iraq
Imports of copper; bars, rods and profiles, of refined coppers into Iraq fell markedly to 79 tons in 2022, with a decrease of -45.8% compared with the previous year. In general, imports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 70%.
In value terms, imports of copper; bars, rods and profiles, of refined coppers shrank notably to $482K in 2022. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year.
| Import of Copper; Bars, Rods and Profiles, of Refined Copper in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,157 | 51.6 | 291 | 255 | -39.6% |
| Turkey | 146 | 65.1 | 93.8 | 116 | -7.4% |
| China | 23.7 | 12.7 | 0.3 | 54.8 | 32.2% |
| United Kingdom | 5.6 | 2.3 | 285 | 45.2 | 100.6% |
| Iran | 591 | 320 | 784 | N/A | 15.2% |
| Others | 26.1 | 44.9 | 2.0 | 10.2 | -26.9% |
| Total | 1,949 | 497 | 1,456 | 482 | -37.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Iraq in 2022:
- United Arab Emirates (51.4 tons)
- Turkey (12.1 tons)
- China (10.8 tons)
- United Kingdom (4.5 tons)
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