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

Contents:

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

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

In 2022, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $8,106 per ton, with an increase of 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +3.2% per year.

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

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $12,097 per ton in 2022, surging by 95% against the previous year. In general, the import price showed perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +4.5% per year.

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

In 2022, overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses decreased by -1.4% to 74 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 587% against the previous year. As a result, the exports reached the peak of 236 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses rose modestly to $599K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 517% against the previous year. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Turkey (73.9 tons)

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

For the fourth consecutive year, Iraq recorded growth in purchases abroad of copper; refined, unwrought, cathodes and sections of cathodeses, which increased by 44% to 1.8 tons in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses soared to $21K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (1.8 tons)

Source: IndexBox Market Intelligence Platform