Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan - 2023

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan (FOB) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan (CIF) - 2022
  3. Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan
  4. Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan

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

In 2022, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $9,015 per ton, reducing by -15.8% against the previous year. Overall, the export price showed a precipitous curtailment. Over the period under review, the average export prices attained the peak figure at $286,636 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2018 to 2022, the rate of growth in terms of prices for Turkey amounted to -57.9% per year.

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

In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $10,036 per ton, with a decrease of -5.3% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $13,903 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($10,342 per ton), while the price for China amounted to $7,213 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), 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 Uzbekistan

Exports of copper; bars, rods and profiles, of refined coppers from Uzbekistan skyrocketed to 139 tons in 2022, growing by 50% against 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; bars, rods and profiles, of refined coppers skyrocketed to $1.3M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey155N/A9931,251100.6%
Others0.1N/AN/AN/A0%
Total155N/A9931,251100.6%

Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Uzbekistan in 2022:

  1. Turkey (138.8 tons)

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

In 2022, approx. 32 tons of copper; bars, rods and profiles, of refined coppers were imported into Uzbekistan; rising by 664% on the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 933%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of copper; bars, rods and profiles, of refined coppers soared to $317K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 688%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Copper; Bars, Rods and Profiles, of Refined Copper in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey24.60.320.5295128.9%
ChinaN/A0.96.822.3397.8%
Russia1130.26.0N/A-77.0%
Others0.94.210.5N/A241.6%
Total1385.643.831731.9%

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

  1. Turkey (28.5 tons)
  2. China (3.1 tons)

Source: IndexBox Market Intelligence Platform

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