Price for Copper Oxides and Hydroxides in the United Arab Emirates - 2021

Contents:

1. Price for Copper Oxides and Hydroxides in the United Arab Emirates (CIF) - 2022
2. Price for Copper Oxides and Hydroxides in the United Arab Emirates (FOB) - 2022
3. Imports of Copper Oxides and Hydroxides in the United Arab Emirates
4. Exports of Copper Oxides and Hydroxides in the United Arab Emirates

Price for Copper Oxides and Hydroxides in the United Arab Emirates (CIF) - 2022

The average copper oxides and hydroxides import price stood at $6,756 per ton in 2022, declining by -5.5% against the previous year. Over the period under review, the import price recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 24%. Over the period under review, average import prices attained the maximum at $8,532 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($8,736 per ton), while the price for the United States ($5,591 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Copper Oxides and Hydroxides in the United Arab Emirates (FOB) - 2022

In 2022, the average copper oxides and hydroxides export price amounted to $7,005 per ton, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. As a result, the export price reached the peak level of $7,818 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($11,493 per ton), while the average price for exports to Norway ($6,315 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 Sri Lanka (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Oxides and Hydroxides in the United Arab Emirates

In 2022, imports of copper oxides and hydroxideses into the United Arab Emirates shrank rapidly to 370 tons, with a decrease of -27% on the previous year. Over the period under review, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of 507 tons, and then declined rapidly in the following year.

In value terms, copper oxides and hydroxides imports fell notably to $2.5M in 2022. In general, imports showed a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 163% against the previous year. As a result, imports reached the peak of $3.6M, and then dropped remarkably in the following year.

Top Suppliers of Copper Oxides and Hydroxides to the United Arab Emirates in 2022:

1. Norway (246.1 tons)
2. United States (95.5 tons)
3. Singapore (9.3 tons)
4. Portugal (6.2 tons)

Exports of Copper Oxides and Hydroxides in the United Arab Emirates

Copper oxides and hydroxides exports from the United Arab Emirates surged to 48 tons in 2022, jumping by 216% compared with the previous year. Over the period under review, exports showed prominent growth.

In value terms, copper oxides and hydroxides exports surged to $334K in 2022. Overall, exports recorded a notable increase.

Top Export Markets for Copper Oxides and Hydroxides from the United Arab Emirates in 2022:

1. Norway (39.4 tons)
2. India (4.6 tons)
3. Iran (3.7 tons)

Source: IndexBox Market Intelligence Platform