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

Contents:

  1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Tanzania (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China0.11.35.03.9239.1%
United KingdomN/A0.30.90.752.8%
Democratic Republic of the CongoN/AN/AN/AN/A0%
Others0.10.72.91.0115.4%
Total0.32.38.95.6165.3%

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

  1. China (5.1 tons)
  2. United Kingdom (0.8 tons)

Source: IndexBox Market Intelligence Platform

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