Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt - 2022

Contents:

  1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (CIF) - 2022
  2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (FOB) - 2022
  3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt
  4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (CIF) - 2022

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $17,682 per ton, remaining constant against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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; cast, moulded, stamped or forged, but not further worked increased by +102.3% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure at $17,691 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($48,199 per ton), while the price for the UK ($6,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (FOB) - 2022

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $5,933 per ton, dropping by -22% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2016 a decrease of -1.7%. Over the period under review, the average export prices hit record highs at $13,865 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($36,000 per ton), while the average price for exports to France ($1,000 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt

In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked imported into Egypt contracted significantly to 11 tons, which is down by -26.8% compared with the year before. Over the period under review, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 41%.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked fell markedly to $194K in 2022. In general, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year.

Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark11059.789.761.0-17.8%
Italy68.529.041.230.4-23.7%
China88.515.22.420.9-38.2%
United Kingdom85.312.924.119.3-39.1%
HungaryN/A11.217.611.72.2%
Turkey27.91.416.911.2-26.2%
Czech Republic2.65.714.89.855.6%
United States16.70.10.83.1-43.0%
South Korea18.65.42.31.5-56.8%
Others25.016.355.124.9-0.1%
Total443157265194-24.1%

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Egypt in 2022:

  1. United Kingdom (3.1 tons)
  2. China (2.2 tons)
  3. Italy (1.3 tons)
  4. Denmark (1.3 tons)
  5. Hungary (0.6 tons)
  6. Turkey (0.5 tons)
  7. Czech Republic (0.5 tons)
  8. United States (0.2 tons)
  9. South Korea (0.1 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt

In 2022, exports of copper; cast, moulded, stamped or forged, but not further worked from Egypt contracted remarkably to 15 kg, reducing by -34.8% on 2021. Over the period under review, exports recorded a sharp shrinkage.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked declined notably to $89 in 2022. Overall, exports continue to indicate a sharp setback.

Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Egypt (USD)
COUNTRY20212022CAGR,
2021-2022
Italy69.036.0-47.8%
Saudi Arabia65.031.0-52.3%
United Arab Emirates22.010.0-54.5%
Lebanon4.02.0-50.0%
Bahrain2.01.0-50.0%
Algeria1.01.00.0%
Oman1.01.00.0%
France1.01.00.0%
Morocco1.01.00.0%
Sweden1.01.00.0%
China1.01.00.0%
Palestine1.01.00.0%
Kuwait1.01.00.0%
Others5.01.0-80.0%
Total17589.0-49.1%

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Egypt in 2022:

  1. Saudi Arabia (2.0 kg)
  2. Bahrain (1.0 kg)
  3. Italy (1.0 kg)
  4. Algeria (1.0 kg)
  5. United Arab Emirates (1.0 kg)
  6. Oman (1.0 kg)
  7. Lebanon (1.0 kg)
  8. France (1.0 kg)
  9. Morocco (1.0 kg)
  10. Sweden (1.0 kg)
  11. China (1.0 kg)
  12. Palestine (1.0 kg)
  13. Kuwait (1.0 kg)

Source: IndexBox Market Intelligence Platform

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