Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ethiopia - 2022

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ethiopia (CIF) - 2022
2. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ethiopia

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

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $5,704 per ton in 2022, reducing by -5.6% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 9.6% against the previous year. The import price peaked at $18,769 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, 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 -4.8% per year.

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

In 2022, the amount of copper; refined, unwrought, cathodes and sections of cathodeses imported into Ethiopia shrank rapidly to 89 tons, reducing by -15.3% against 2021. In general, imports recorded a drastic downturn.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses reduced markedly to $509K in 2022. Overall, imports showed a significant contraction.

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

1. China (89.3 tons)

Source: IndexBox Market Intelligence Platform