Price for Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia (FOB) - 2022
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia (CIF) - 2022
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia (FOB) - 2022
The average export price for copper; bars, rods and profiles, of refined coppers stood at $8,974 per ton in 2021, rising by 43% against the previous year. In general, the export price saw a slight expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($9,923 per ton), while the average price for exports to Belgium ($2,800 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+52.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia (CIF) - 2022
In 2021, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $6,339 per ton, rising by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $8,249 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($10,228 per ton), while the price for Brazil ($1,906 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia
Exports of copper; bars, rods and profiles, of refined coppers from Saudi Arabia skyrocketed to 847 tons in 2022, increasing by 95% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 99.9%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of copper; bars, rods and profiles, of refined coppers surged to $8.5M in 2022. In general, exports posted 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 Refined Copper in Saudi Arabia (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
United Arab Emirates | 1,211 | 3,214 | 2,472 | 42.9% |
Kuwait | 540 | 94.2 | 626 | 7.7% |
Jordan | 35.2 | 61.4 | 277 | 180.5% |
Italy | 343 | 206 | 225 | -19.0% |
Oman | N/A | 252 | 181 | -28.2% |
Belgium | N/A | N/A | 56.6 | 0% |
Egypt | 885 | 624 | N/A | -29.5% |
Yemen | N/A | 317 | N/A | 0% |
Others | 174 | 489 | 55.1 | -43.7% |
Total | 3,189 | 5,258 | 3,891 | 10.5% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Saudi Arabia in 2022:
- United Arab Emirates (259.9 tons)
- Kuwait (63.1 tons)
- Jordan (38.6 tons)
- Italy (25.5 tons)
- Oman (21.3 tons)
- Belgium (20.2 tons)
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia
In 2021, the amount of copper; bars, rods and profiles, of refined coppers imported into Saudi Arabia reduced notably to 2K tons, declining by -44.2% compared with the year before. Over the period under review, imports saw a dramatic shrinkage.
In value terms, imports of copper; bars, rods and profiles, of refined coppers declined significantly to $12M in 2021. In general, imports continue to indicate a precipitous shrinkage.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Saudi Arabia (Million USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
United Arab Emirates | 143 | 13.2 | 5.2 | -80.9% |
India | 1.4 | 1.1 | 1.4 | 0.0% |
Poland | N/A | N/A | 1.2 | 0% |
Thailand | 2.0 | 2.3 | 1.0 | -29.3% |
Malaysia | 0.9 | 0.5 | 0.6 | -18.4% |
Brazil | N/A | N/A | 0.3 | 0% |
United Kingdom | 1.0 | 0.4 | 0.3 | -45.2% |
Others | 2.7 | 2.2 | 2.3 | -7.7% |
Total | 151 | 19.7 | 12.4 | -71.3% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Saudi Arabia in 2022:
- United Arab Emirates (548.8 tons)
- India (290.3 tons)
- Poland (239.7 tons)
- Brazil (180.3 tons)
- Thailand (109.7 tons)
- Malaysia (66.5 tons)
- United Kingdom (57.6 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Saudi Arabia.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Saudi Arabia.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
This report provides an in-depth analysis of the market for copper and copper articles in Saudi Arabia.
This report provides an in-depth analysis of the market for copper bar, rod and profile in Saudi Arabia.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Saudi Arabia.
Global Copper And Copper Articles Market Report 2018. This report provides an in-depth analysis of the global market for copper and copper articles.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
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