Price for Copper; Refined, Unwrought, Wire-Bars in Ghana - 2023

Contents:

  1. Price for Copper; Refined, Unwrought, Wire-Bars in Ghana (CIF) - 2022
  2. Price for Copper; Refined, Unwrought, Wire-Bars in Ghana (FOB) - 2022
  3. Imports of Copper; Refined, Unwrought, Wire-Bars in Ghana
  4. Exports of Copper; Refined, Unwrought, Wire-Bars in Ghana

Price for Copper; Refined, Unwrought, Wire-Bars in Ghana (CIF) - 2022

In 2022, the average copper; refined, unwrought, wire-bars import price amounted to $1,169 per ton, rising by 31% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The import price peaked at $8,866 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.8% per year.

Price for Copper; Refined, Unwrought, Wire-Bars in Ghana (FOB) - 2022

In 2021, the average copper; refined, unwrought, wire-bars export price amounted to $850 per ton, flattening at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum at $855 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2019 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to -0.3% per year.

Imports of Copper; Refined, Unwrought, Wire-Bars in Ghana

In 2022, approx. 803 kg of copper; refined, unwrought, wire-barses were imported into Ghana; declining by -97.8% on the previous year's figure. Overall, imports faced a sharp contraction.

In value terms, copper; refined, unwrought, wire-bars imports reduced notably to $939 in 2022. In general, imports showed a sharp downturn.

Import of Copper; Refined, Unwrought, Wire-Bars in Ghana (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
China22.90.8-96.5%
Netherlands7.1N/A0%
Others2.20.2-90.9%
Total32.10.9-97.2%

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Ghana in 2022:

  1. China (776.0 kg)

Exports of Copper; Refined, Unwrought, Wire-Bars in Ghana

In 2021, the amount of copper; refined, unwrought, wire-barses exported from Ghana totaled 5.9 tons, remaining constant against the year before. Overall, exports faced a abrupt curtailment. The smallest decline of 99.9% was in 2020.

In value terms, copper; refined, unwrought, wire-bars exports totaled $5K in 2021. Over the period under review, exports showed a abrupt descent. The smallest decline of 99.9% was in 2020.

Export of Copper; Refined, Unwrought, Wire-Bars in Ghana (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Cote d'Ivoire3.2N/A2.5-11.6%
Others3.2N/A2.5-11.6%
Total6.3N/A5.0-10.9%

Top Export Markets for Copper; Refined, Unwrought, Wire-Bars from Ghana in 2022:

  1. Cote d'Ivoire (3.0 tons)

Source: IndexBox Market Intelligence Platform

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