Price for Copper; Bars, Rods and Profiles, of Refined Copper in Qatar - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Qatar (CIF) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Qatar
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Qatar (CIF) - 2022
The average import price for copper; bars, rods and profiles, of refined coppers stood at $11,528 per ton in 2022, picking up by 11% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of refined coppers increased by +69.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 53% against the previous year. The import price peaked in 2022 and is expected to retain 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 the UK ($20,826 per ton), while the price for Thailand ($10,292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+450.0%), 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 Qatar
In 2022, the amount of copper; bars, rods and profiles, of refined coppers imported into Qatar fell to 1K tons, with a decrease of -12.3% compared with 2021 figures. Overall, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.4% against the previous year.
In value terms, imports of copper; bars, rods and profiles, of refined coppers declined to $12M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $12M, and then reduced in the following year.
| Import of Copper; Bars, Rods and Profiles, of Refined Copper in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.3 | 4.9 | 7.8 | 6.3 | 13.6% |
| Malaysia | 3.2 | 1.7 | 2.3 | 3.2 | 0.0% |
| United Kingdom | 0.3 | 0.4 | 0.3 | 2.0 | 88.2% |
| India | 0.9 | 0.8 | 1.5 | 0.5 | -17.8% |
| Others | 0.1 | N/A | 0.5 | 0.1 | 0.0% |
| Total | 8.7 | 7.7 | 12.4 | 12.1 | 11.6% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Qatar in 2022:
- Thailand (614.4 tons)
- Malaysia (285.0 tons)
- United Kingdom (94.0 tons)
- India (44.3 tons)
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