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

Contents:

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

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

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,304 per ton in 2022, with a decrease of -3.2% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; refined, unwrought, cathodes and sections of cathodeses increased by +92.4% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 48% against the previous year. As a result, the export price attained the peak level of $9,615 per ton, and then fell modestly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($9,578 per ton) and China ($9,305 per ton), while the average price for exports to India ($6,716 per ton) and Saudi Arabia ($7,177 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,632 per ton, increasing by 6.1% against the previous year. Over the period under review, the import price saw a slight increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 115% against the previous year. As a result, import price reached the peak level of $17,664 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($174,769 per ton), while the price for India ($6,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+38.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 108K tons of copper; refined, unwrought, cathodes and sections of cathodeses were exported from Iran; dropping by -66.5% on 2021. In general, exports showed a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 323K tons, and then dropped notably in the following year.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses fell rapidly to $1B in 2022. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 116%. As a result, the exports reached the peak of $3.1B, and then fell dramatically in the following year.

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

1. China (29.2K tons)
2. United Arab Emirates (8.8K tons)
3. Turkey (8.3K tons)
4. India (4.6K tons)

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

In 2022, approx. 118 tons of copper; refined, unwrought, cathodes and sections of cathodeses were imported into Iran; which is down by -12.3% compared with the year before. Over the period under review, imports continue to indicate a abrupt descent.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses contracted to $1.1M in 2022. Overall, imports continue to indicate a abrupt decline. The smallest decline of -7% was in 2020.

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

1. India (67.9 tons)
2. South Korea (47.8 tons)

Source: IndexBox Market Intelligence Platform