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

Contents:

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

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

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,109 per ton in 2022, standing approx. at the previous year. In general, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43%. Over the period under review, average import prices reached the maximum at $10,280 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Zambia ($9,917 per ton), while the price for Russia amounted to $8,813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.8%).

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

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $3,500 per ton in 2022, rising by 20% against the previous year. Overall, the export price, however, saw a abrupt decline. The export price peaked at $9,000 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

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

In 2022, imports of copper; refined, unwrought, cathodes and sections of cathodeses into Kuwait shrank slightly to 12K tons, with a decrease of -2.9% compared with the year before. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 22%.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses shrank slightly to $111M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of $112M, and then reduced modestly in the following year.

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

1. Russia (8.9K tons)
2. Zambia (3.2K tons)

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

Exports of copper; refined, unwrought, cathodes and sections of cathodeses from Kuwait shrank notably to 56 kg in 2022, which is down by -59.4% against the previous year. Over the period under review, exports recorded a sharp contraction.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses contracted remarkably to $196 in 2022. Overall, exports recorded a precipitous setback.

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

1. Qatar (28.0 kg)

Source: IndexBox Market Intelligence Platform