Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania - 2022
Contents:
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania (CIF) - 2022
- Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania (CIF) - 2022
In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $926 per ton, declining by -9.2% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 400%. The import price peaked at $7,509 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 UK ($880 per ton), while the price for Australia ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced a decline.
Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania
In 2022, supplies from abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -30.5% to 6.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 935%.
In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked contracted dramatically to $5.6K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 829%.
Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.1 | 1.3 | 5.0 | 3.9 | 239.1% |
United Kingdom | N/A | 0.3 | 0.9 | 0.7 | 52.8% |
Democratic Republic of the Congo | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.7 | 2.9 | 1.0 | 115.4% |
Total | 0.3 | 2.3 | 8.9 | 5.6 | 165.3% |
Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Tanzania in 2022:
- China (5.1 tons)
- United Kingdom (0.8 tons)
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