Price for Copper; Refined, Unwrought, Billets in Cameroon - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Billets in Cameroon (FOB) - 2022
  2. Exports of Copper; Refined, Unwrought, Billets in Cameroon

Price for Copper; Refined, Unwrought, Billets in Cameroon (FOB) - 2022

In 2022, the average copper; refined, unwrought, billets export price amounted to $8,244 per ton, with a decrease of -3.8% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; refined, unwrought, billets export price increased by +38.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 46%. As a result, the export price reached the peak level of $8,572 per ton, and then shrank slightly 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 China amounted to +5.7% per year.

Exports of Copper; Refined, Unwrought, Billets in Cameroon

In 2022, overseas shipments of copper; refined, unwrought, billetses decreased by -51.7% to 101 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 0.9%. As a result, the exports attained the peak of 302 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; refined, unwrought, billets exports dropped sharply to $833K in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 2%.

Export of Copper; Refined, Unwrought, Billets in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.71.81.80.8-22.2%
OthersN/AN/AN/AN/A0%
Total1.71.81.80.8-22.2%

Top Export Markets for Copper; Refined, Unwrought, Billets from Cameroon in 2022:

  1. China (101.0 tons)

Source: IndexBox Market Intelligence Platform

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