Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana - 2023

Contents:

  1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (CIF) - 2022
  2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (FOB) - 2022
  3. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana
  4. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (CIF) - 2022

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $50,640 per ton in 2022, growing by 31% against the previous year. In general, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2019 an increase of 84%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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 Turkey ($254,615 per ton), while the price for India ($14,771 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+79.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (FOB) - 2022

In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $1,044 per ton, which is down by -58.2% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 an increase of 109,664%. Over the period under review, the average export prices attained the peak figure at $4,230 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,800 per ton), while the average price for exports to Poland stood at $1,021 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+107.9%).

Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana

In 2022, approx. 1.9 tons of copper; copper-tin base alloys (bronze) unwroughts were imported into Ghana; increasing by 7.9% on 2021. Overall, imports, however, faced a dramatic decline.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts soared to $98K in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/A0.424.25950.0%
United States17.1N/A0.219.54.5%
IndiaN/AN/A16.61.0-94.0%
United KingdomN/AN/AN/A0.80%
Cameroon1.9N/AN/AN/A0%
GermanyN/AN/A10.8N/A0%
SwedenN/AN/A5.3N/A0%
Others19.0N/A36.052.240.1%
Total38.0N/A69.397.737.0%

Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Ghana in 2022:

  1. South Africa (797.0 kg)
  2. United States (388.0 kg)
  3. India (70.0 kg)
  4. United Kingdom (46.0 kg)

Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana

In 2022, approx. 3 tons of copper; copper-tin base alloys (bronze) unwroughts were exported from Ghana; rising by 7,500% on the year before. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts surged to $3.2K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland432N/AN/A1,53152.5%
United States30.0N/A50.056.023.1%
Others490N/A50.01,58748.0%
Total952N/A1003,17449.4%

Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Ghana in 2022:

  1. Poland (1.5 tons)

Source: IndexBox Market Intelligence Platform

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