Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United Arab Emirates - 2022

Contents:

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

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United Arab Emirates (CIF) - 2022

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $11,431 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; copper-tin base alloys (bronze) unwroughts increased by +72.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Australia ($26,400 per ton), while the price for Pakistan ($5,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United Arab Emirates (FOB) - 2022

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $8,634 per ton in 2022, surging by 14% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($21,663 per ton), while the average price for exports to Iran ($5,124 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 Bahrain (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United Arab Emirates

Imports of copper; copper-tin base alloys (bronze) unwroughts into the United Arab Emirates surged to 138 tons in 2022, jumping by 24% against 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of 185 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $1.6M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to the United Arab Emirates in 2022:

1. Congo (45.1 tons)
2. Spain (38.3 tons)
3. Pakistan (8.1 tons)
4. India (0.4 tons)

Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United Arab Emirates

Exports of copper; copper-tin base alloys (bronze) unwroughts from the United Arab Emirates surged to 78 tons in 2022, increasing by 46% compared with the year before. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 70%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts surged to $675K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 118%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from the United Arab Emirates in 2022:

1. Iraq (25.1 tons)
2. China (7.4 tons)
3. Iran (5.8 tons)
4. Oman (2.3 tons)
5. Bahrain (1.1 tons)

Source: IndexBox Market Intelligence Platform