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

Contents:

1. Price for Copper; Refined, Unwrought, Billets in Tunisia (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Billets in Tunisia (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Billets in Tunisia
4. Imports of Copper; Refined, Unwrought, Billets in Tunisia

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

The average copper; refined, unwrought, billets export price stood at $5,701 per ton in 2022, falling by -20.7% against the previous year. In general, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33% against the previous year. The export price peaked at $8,138 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($21,479 per ton), while the average price for exports to Italy stood at $4,637 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Copper; Refined, Unwrought, Billets in Tunisia (CIF) - 2022

In 2022, the average copper; refined, unwrought, billets import price amounted to $11,053 per ton, increasing by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2014 an increase of 10%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +2.3% per year.

Exports of Copper; Refined, Unwrought, Billets in Tunisia

In 2022, copper; refined, unwrought, billets exports from Tunisia surged to 250 tons, with an increase of 62% on 2021. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 106%. As a result, the exports attained the peak of 402 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; refined, unwrought, billets exports skyrocketed to $1.4M in 2022. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 116%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Italy (234.6 tons)
2. Germany (15.8 tons)

Imports of Copper; Refined, Unwrought, Billets in Tunisia

For the third consecutive year, Tunisia recorded decline in purchases abroad of copper; refined, unwrought, billetses, which decreased by -22.4% to 2.5 tons in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -21.9% was in 2020.

In value terms, copper; refined, unwrought, billets imports dropped remarkably to $28K in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage.

Top Suppliers of Copper; Refined, Unwrought, Billets to Tunisia in 2022:

1. Germany (2.5 tons)

Source: IndexBox Market Intelligence Platform