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

Contents:

  1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Saudi Arabia (FOB) - 2022
  2. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Saudi Arabia

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

In 2021, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $5,013 per ton, increasing by 2.5% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 389%. Over the period under review, the average export prices hit record highs at $32,462 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($28,572,799 per ton), while the average price for exports to Oman ($622 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1,601.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Saudi Arabia recorded decline in overseas shipments of copper; cast, moulded, stamped or forged, but not further worked, which decreased by -22.8% to 15 tons in 2022. Overall, exports saw a sharp decrease.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked surged to $162K in 2022. Over the period under review, exports showed a deep slump.

Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates8.211443.0129.0%
Tunisia82.9N/A28.6-41.3%
KuwaitN/AN/A8.00%
OmanN/A4.07.587.5%
BahrainN/AN/A3.90%
IndonesiaN/AN/A3.30%
QatarN/AN/A0.60%
JordanN/A3.3N/A0%
Sudan27.55.3N/A-80.7%
Yemen146N/AN/A0%
OthersN/AN/AN/A0%
Total26512694.8-40.2%

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

  1. Oman (12.0 tons)
  2. United Arab Emirates (3.4 tons)
  3. Kuwait (2.0 tons)
  4. Indonesia (0.8 tons)
  5. Bahrain (0.3 tons)
  6. Qatar (0.3 tons)

Source: IndexBox Market Intelligence Platform

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