Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan - 2024
Contents:
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan (FOB) - 2022
- Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan (FOB) - 2022
The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $8,655 per ton in 2022, waning by -7% against the previous year. Overall, export price indicated a prominent increase from 2017 to 2022: its price increased at an average annual rate of +6.8% over the last five-year period. 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 +49.6% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. As a result, the export price attained the peak level of $9,306 per ton, and then fell in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($8,891 per ton) and China ($8,537 per ton), while the average price for exports to Italy ($7,712 per ton) and Russia ($7,712 per ton) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan
In 2022, overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses decreased by -14.9% to 132K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 0.4% against the previous year. As a result, the exports reached the peak of 192K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses reduced rapidly to $1.1B in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $1.4B, and then shrank notably in the following year.
| Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.0 | 142 | 214 | 315 | 65.9% |
| Turkey | 437 | 402 | 494 | 242 | -17.9% |
| Russia | 29.7 | 23.0 | 18.0 | 10.9 | -28.4% |
| Others | 568 | 577 | 714 | 571 | 0.2% |
| Total | 1,104 | 1,144 | 1,439 | 1,139 | 1.0% |
Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Uzbekistan in 2022:
- China (36.9K tons)
- Turkey (27.2K tons)
- Russia (1.4K tons)
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