Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt - 2024

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt (CIF) - 2022
2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt (FOB) - 2022
3. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt
4. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt (CIF) - 2022

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,102 per ton, shrinking by -3.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 53%. Over the period under review, average import prices attained the peak figure at $10,662 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($9,102 per ton) and Congo ($9,102 per ton), while the price for Zambia ($9,102 per ton) and Democratic Republic of the Congo ($9,102 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt (FOB) - 2022

In 2022, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,078 per ton, falling by -3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $9,359 per ton, and then declined in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($9,078 per ton), while the average price for exports to China ($9,078 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 Slovenia (+22.9%).

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt

In 2022, approx. 229K tons of copper; refined, unwrought, cathodes and sections of cathodeses were imported into Egypt; stabilizing at the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of 232K tons, and then dropped in the following year.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses dropped to $2.1B in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. As a result, imports reached the peak of $2.2B, and then shrank in the following year.

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Egypt in 2022:

1. Democratic Republic of the Congo (57.7K tons)
2. Zambia (31.8K tons)
3. Spain (16.3K tons)
4. Bulgaria (6.4K tons)
5. Congo (1.8K tons)

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Egypt

After two years of growth, overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses decreased by -14.4% to 340 tons in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 90%. As a result, the exports reached the peak of 397 tons, and then fell in the following year.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses plummeted to $3.1M in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 196% against the previous year. As a result, the exports reached the peak of $3.7M, and then contracted sharply in the following year.

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Egypt in 2022:

1. Lebanon (112.5 tons)
2. China (41.6 tons)
3. Slovenia (15.8 tons)

Source: IndexBox Market Intelligence Platform