Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates - 2022
Contents:
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates (CIF) - 2022
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates (FOB) - 2022
- Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates
- Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $7,248 per ton, with a decrease of -27.5% against the previous year. In general, the import price saw a slight curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $10,468 per ton in 2018; however, from 2019 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 Italy ($43,731 per ton), while the price for the UK ($5,521 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), 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 the United Arab Emirates (FOB) - 2022
The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $6,753 per ton in 2022, declining by -25.6% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 119%. The export price peaked at $12,487 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($12,955 per ton), while the average price for exports to Seychelles ($73 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates
In 2022, overseas purchases of copper; cast, moulded, stamped or forged, but not further worked increased by 67% to 264 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt shrinkage.
In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $1.9M in 2022. In general, imports, however, showed a deep setback.
Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1,965 | 1,116 | 965 | 1,259 | -13.8% |
United States | 338 | 203 | 91.5 | 197 | -16.5% |
Italy | 1.6 | 3.2 | 197 | 186 | 388.1% |
India | 38.4 | 90.0 | 86.3 | 81.7 | 28.6% |
China | 33.8 | 73.4 | 66.0 | 62.5 | 22.7% |
Saudi Arabia | 8.2 | 114 | 43.0 | 51.3 | 84.3% |
Others | 22.7 | 146 | 131 | 73.1 | 47.7% |
Total | 2,407 | 1,745 | 1,579 | 1,910 | -7.4% |
Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to the United Arab Emirates in 2022:
- United Kingdom (228.0 tons)
- Saudi Arabia (8.0 tons)
- China (8.0 tons)
- United States (7.4 tons)
- India (5.2 tons)
- Italy (4.3 tons)
Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates
In 2022, exports of copper; cast, moulded, stamped or forged, but not further worked from the United Arab Emirates soared to 113 tons, surging by 27% against 2021 figures. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 320% against the previous year. As a result, the exports reached the peak of 318 tons. 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 contracted to $760K in 2022. In general, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 705 | 526 | 633 | 568 | -6.9% |
Saudi Arabia | 61.3 | 47.7 | 94.9 | 85.3 | 11.6% |
Oman | 31.7 | 70.1 | 68.1 | 61.2 | 24.5% |
Seychelles | N/A | N/A | N/A | 0.2 | 0% |
Kuwait | N/A | 464 | N/A | N/A | 0% |
Iran | 1.5 | 153 | N/A | N/A | 10100.0% |
Others | 146 | 67.5 | 11.8 | 45.4 | -32.3% |
Total | 945 | 1,328 | 807 | 760 | -7.0% |
Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from the United Arab Emirates in 2022:
- Saudi Arabia (53.3 tons)
- Austria (43.9 tons)
- Oman (10.0 tons)
- Seychelles (2.9 tons)
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