Price for Copper; Powders and Flakes in Saudi Arabia - 2021

Contents:

  1. Price for Copper; Powders and Flakes in Saudi Arabia (CIF) - 2022
  2. Imports of Copper; Powders and Flakes in Saudi Arabia

Price for Copper; Powders and Flakes in Saudi Arabia (CIF) - 2022

The average copper; powders and flakes import price stood at $10,004 per ton in 2021, jumping by 22% against the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 5,802%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($10,729 per ton) and Belgium ($10,441 per ton), while the price for Bulgaria ($8,943 per ton) and Germany ($10,347 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+194.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Saudi Arabia

In 2021, the amount of copper; powders and flakeses imported into Saudi Arabia soared to 508 tons, growing by 33% on the previous year. The total import volume increased at an average annual rate of +33.2% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; powders and flakes imports skyrocketed to $5.1M in 2021. Over the period under review, total imports indicated a significant expansion from 2020 to 2021: its value increased at an average annual rate of +62.7% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Powders and Flakes in Saudi Arabia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Germany1,1611,75150.8%
Bulgaria1,1131,56240.3%
China4511,087141.0%
Belgium31253370.8%
Others84.814672.2%
Total3,1215,07762.7%

Top Suppliers of Copper; Powders and Flakes to Saudi Arabia in 2022:

  1. Bulgaria (174.6 tons)
  2. Germany (169.2 tons)
  3. China (101.3 tons)
  4. Belgium (51.0 tons)

Source: IndexBox Market Intelligence Platform

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