Price for Copper; Powders and Flakes in South Africa - 2023

Contents:

  1. Price for Copper; Powders and Flakes in South Africa (FOB) - 2022
  2. Price for Copper; Powders and Flakes in South Africa (CIF) - 2022
  3. Exports of Copper; Powders and Flakes in South Africa
  4. Imports of Copper; Powders and Flakes in South Africa

Price for Copper; Powders and Flakes in South Africa (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $8,459 per ton, waning by -5.7% against the previous year. In general, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 120% against the previous year. The export price peaked at $8,969 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +18.9% per year.

Price for Copper; Powders and Flakes in South Africa (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $15,146 per ton, shrinking by -14.7% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; powders and flakes import price increased by +178.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 165% against the previous year. The import price peaked at $17,757 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22,900 per ton), while the price for China ($9,218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Powders and Flakes in South Africa

In 2022, shipments abroad of copper; powders and flakeses was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp decline.

In value terms, copper; powders and flakes exports expanded to $11M in 2022. In general, exports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 8.9% against the previous year.

Export of Copper; Powders and Flakes in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.39.610.711.4-2.5%
Hong Kong SAR2.2N/AN/AN/A0%
Switzerland2.3N/AN/AN/A0%
Belgium0.40.3N/AN/A-25.0%
United Kingdom3.3N/AN/AN/A0%
United States1.3N/A0.3N/A-52.0%
Others0.90.2N/AN/A-77.8%
Total22.710.111.011.4-20.5%

Top Export Markets for Copper; Powders and Flakes from South Africa in 2022:

  1. China (1346.4 tons)

Imports of Copper; Powders and Flakes in South Africa

In 2022, approx. 46 tons of copper; powders and flakeses were imported into South Africa; picking up by 75% against 2021 figures. Overall, imports, however, saw a abrupt decrease.

In value terms, copper; powders and flakes imports soared to $698K in 2022. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Copper; Powders and Flakes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13487.618634236.7%
United States24.248.450.081.349.8%
Belgium70.650.384.076.32.6%
United Kingdom40.913.663.073.621.6%
China37.332.425.768.422.4%
Italy1.88.622.324.3138.1%
France22.812.57.322.90.1%
Zambia1.3N/AN/AN/A0%
Qatar42.5N/AN/AN/A0%
Others35.334.130.59.5-35.4%
Total41128746969819.3%

Top Suppliers of Copper; Powders and Flakes to South Africa in 2022:

  1. Germany (21.8 tons)
  2. China (7.4 tons)
  3. Belgium (5.5 tons)
  4. United States (4.8 tons)
  5. United Kingdom (4.0 tons)
  6. Italy (1.1 tons)
  7. France (1.1 tons)

Source: IndexBox Market Intelligence Platform

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