Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uganda - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $8,598 per ton, shrinking by -1.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 61%. Over the period under review, average import prices attained the maximum at $13,943 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 China ($19,080 per ton), while the price for the United Arab Emirates ($5,977 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.9%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (FOB) - 2022
In 2021, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $3,667 per ton, declining by -10.2% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 3%. The export price peaked at $4,224 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2013 to 2021, the rate of growth in terms of prices for South Sudan amounted to -1.0% per year.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda
In 2022, the amount of copper; bars, rods and profiles, of refined coppers imported into Uganda surged to 16 tons, with an increase of 18% on 2021. Overall, imports, however, continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year.
In value terms, imports of copper; bars, rods and profiles, of refined coppers skyrocketed to $138K in 2022. Over the period under review, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 180% against the previous year.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 29.9 | 6.6 | 50.8 | 96.8 | 47.9% |
United Arab Emirates | 7.3 | 5.7 | 39.7 | 27.1 | 54.8% |
United Kingdom | 39.3 | 9.0 | 10.7 | 10.9 | -34.8% |
China | 120 | 19.3 | 16.1 | 1.7 | -75.8% |
South Africa | 1.8 | 0.9 | 0.3 | 0.1 | -61.8% |
Others | 20.4 | 0.9 | 1.3 | 1.0 | -63.4% |
Total | 219 | 42.5 | 119 | 138 | -14.3% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Uganda in 2022:
- India (10.2 tons)
- United Arab Emirates (4.5 tons)
- United Kingdom (0.9 tons)
- China (0.1 tons)
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda
In 2021, approx. 12 kg of copper; bars, rods and profiles, of refined coppers were exported from Uganda; therefore, remained relatively stable against the previous year. Overall, exports faced a sharp slump. The smallest decline of -79.3% was in 2020.
In value terms, exports of copper; bars, rods and profiles, of refined coppers contracted to $44 in 2021. Over the period under review, exports faced a precipitous contraction.
Export of Copper; Bars, Rods and Profiles, of Refined Copper in Uganda (USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
United Arab Emirates | N/A | N/A | 44.0 | 0% |
South Sudan | 245 | 49.0 | N/A | -80.0% |
Others | N/A | N/A | N/A | 0% |
Total | 245 | 49.0 | 44.0 | -57.6% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Uganda in 2022:
- United Arab Emirates (12.0 kg)
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