Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana - 2022
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (CIF) - 2022
The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $17,516 per ton in 2022, increasing by 72% against the previous year. Over the period under review, the import price posted pronounced growth. Over the period under review, average import prices reached the maximum at $22,775 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($124,611 per ton), while the price for India ($1,780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (FOB) - 2022
In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $14,588 per ton, picking up by 35% against the previous year. Overall, the export price, however, showed a perceptible downturn. Over the period under review, the average export prices reached the peak figure at $22,798 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($17,000 per ton), while the average price for exports to Cote d'Ivoire ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+81.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana
In 2022, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Ghana fell rapidly to 863 kg, waning by -62% on 2021. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,319% against the previous year.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded plummeted to $15K in 2022. Over the period under review, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 536% against the previous year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 60.8 | 3.3 | 0.9 | 4.7 | -57.4% |
| Germany | N/A | N/A | 0.8 | 2.5 | 212.5% |
| Mozambique | N/A | N/A | N/A | 2.2 | 0% |
| United States | 4.4 | 0.3 | 6.3 | 1.0 | -39.0% |
| United Arab Emirates | 0.1 | N/A | 3.8 | 0.9 | 108.0% |
| Singapore | N/A | N/A | 2.3 | 0.8 | -65.2% |
| China | 0.2 | N/A | 3.8 | 0.8 | 58.7% |
| Spain | N/A | N/A | 0.3 | 0.4 | 33.3% |
| France | N/A | N/A | 0.7 | 0.2 | -71.4% |
| Turkey | 0.2 | N/A | 0.6 | 0.1 | -20.6% |
| Angola | N/A | N/A | 0.2 | 0.1 | -50.0% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Portugal | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Others | 0.4 | N/A | 3.0 | 1.1 | 40.1% |
| Total | 66.1 | 3.6 | 23.2 | 15.1 | -38.9% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Ghana in 2022:
- China (159.0 kg)
- Australia (129.0 kg)
- Germany (119.0 kg)
- Spain (110.0 kg)
- United Arab Emirates (69.0 kg)
- India (41.0 kg)
- Turkey (39.0 kg)
- United States (33.0 kg)
- France (32.0 kg)
- Angola (18.0 kg)
- Mozambique (18.0 kg)
- Portugal (15.0 kg)
- Singapore (15.0 kg)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana
In 2022, shipments abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded decreased by -5.6% to 17 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 25%.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded skyrocketed to $248 in 2022. Over the period under review, exports, however, enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 76.0 | 147 | 191 | 230 | 44.6% |
| Angola | N/A | N/A | N/A | 17.0 | 0% |
| Cote d'Ivoire | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Nigeria | 5.0 | 4.0 | N/A | N/A | -20.0% |
| Mozambique | 1.0 | N/A | N/A | N/A | 0% |
| Congo | N/A | N/A | 2.0 | N/A | 0% |
| Mali | 36.0 | N/A | N/A | N/A | 0% |
| Netherlands | 1.0 | N/A | N/A | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 121 | 152 | 194 | 248 | 27.0% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Ghana in 2022:
- Burkina Faso (15.0 kg)
- Angola (1.0 kg)
- Cote d'Ivoire (1.0 kg)
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