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

Contents:

  1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan (FOB) - 2024
  2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan (CIF) - 2022
  3. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan
  4. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan (FOB) - 2024

In February 2024, the average export price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $7,961 per ton, almost unchanged from the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 3.2% m-o-m. Over the period under review, the average export prices reached the maximum at $8,470 per ton in April 2023; however, from May 2023 to February 2024, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In February 2024, the country with the highest price was Turkey ($8,058 per ton), while the average price for exports to China totaled $7,933 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+0.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $19,494 per ton, declining by -31.4% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 180% against the previous year. The import price peaked at $44,215 per ton in 2018; however, from 2019 to 2022, 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 China ($42,553 per ton), while the price for Finland ($7,913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.8%), while the prices for the other major suppliers experienced a decline.

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

Exports of copper; refined, unwrought, cathodes and sections of cathodeses from Kazakhstan expanded significantly to 763K tons in 2022, surging by 14% against the previous year's figure. Overall, exports, however, saw a slight downturn.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses amounted to $6.5B in 2022. The total export value increased at an average annual rate of +12.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5491,8372,0182,32914.6%
GeorgiaN/A0.1N/A3615908.3%
United Arab Emirates434293544234-18.6%
Turkey12011014720719.9%
United Kingdom12558.259.3105-5.6%
Others2,3262,4222,9493,25711.9%
Total4,5554,7205,7166,49312.5%

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

  1. China (274.3K tons)
  2. Georgia (43.7K tons)
  3. Turkey (25.4K tons)
  4. United Arab Emirates (24.6K tons)
  5. United Kingdom (12.2K tons)

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

In 2022, imports of copper; refined, unwrought, cathodes and sections of cathodeses into Kazakhstan soared to 42 tons, increasing by 670% against the previous year. Overall, imports showed a significant expansion. As a result, imports reached 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 $827K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.84.64.9197181.8%
FinlandN/AN/AN/A1890%
China24.722566.19.2-28.1%
Germany38.715.70.4N/A-89.8%
Others72.330585.143281.5%
Total14555015682778.7%

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

  1. Finland (23.9 tons)
  2. Russia (17.7 tons)
  3. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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