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

Contents:

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

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

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $18,910 per ton in 2022, with a decrease of -2.3% against the previous year. In general, the import price, however, continues to indicate a tangible expansion. The growth pace was the most rapid in 2016 when the average import price increased by 43%. Over the period under review, average import prices attained the peak figure at $21,554 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the United States ($34,590 per ton), while the price for Estonia ($5,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), 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 Kazakhstan (FOB) - 2022

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $92,680 per ton, growing by 99% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 124% against the previous year. The export price peaked in 2022 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 2016 to 2022, the rate of growth in terms of prices for Russia amounted to +10.5% per year.

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

Imports of copper; cast, moulded, stamped or forged, but not further worked into Kazakhstan fell sharply to 26 tons in 2022, dropping by -23.5% against the year before. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. As a result, imports reached the peak of 34 tons, and then fell significantly in the following year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced notably to $496K in 2022. In general, imports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 102%. As a result, imports attained the peak of $664K, and then shrank markedly in the following year.

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

1. Russia (15.8 tons)
2. United States (3.6 tons)
3. Estonia (2.3 tons)
4. Italy (2.2 tons)
5. China (1.8 tons)

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

In 2022, approx. 269 kg of copper; cast, moulded, stamped or forged, but not further worked were exported from Kazakhstan; with an increase of 9.8% against 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 13,800%. As a result, the exports attained the peak of 417 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $25K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 30,439%. As a result, the exports reached the peak of $38K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Russia (269.0 kg)

Source: IndexBox Market Intelligence Platform