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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $9,582 per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% 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 +53.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,326 per ton), while the price for the United Arab Emirates ($7,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.6%), 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 Iraq (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $372,500 per ton in 2020, standing approx. at the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2020, the rate of growth in terms of prices for Russia amounted to +0.9% per year.

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

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Iraq stood at 233 tons, flattening at the year before. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 510%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked amounted to $2.2M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 644% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran7582241,7511,73031.7%
China14418.129429126.4%
United Kingdom25145.589.4126-20.5%
United Arab Emirates6.71.750.549.895.2%
Others20.48.936.035.420.2%
Total1,1802992,2222,23323.7%

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

  1. Iran (202.2 tons)
  2. China (15.3 tons)
  3. United Arab Emirates (6.3 tons)
  4. United Kingdom (5.9 tons)

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

Exports of copper; cast, moulded, stamped or forged, but not further worked from Iraq stood at 2 kg in 2020, standing approx. at the previous year. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2020 and are likely to continue growth in years to come.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked amounted to $745 in 2020. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Iraq (USD)
COUNTRY20192020CAGR,
2019-2020
Russia7387450.9%
OthersN/AN/A0%
Total7387450.9%

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

  1. Russia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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