Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola - 2022

Contents:

  1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola (CIF) - 2022
  2. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola (CIF) - 2022

In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $7,590 per ton, declining by -37% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 38% against the previous year. The import price peaked at $14,596 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($21,868 per ton), while the price for Zambia ($282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.3%), while the prices for the other major suppliers experienced a decline.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola

For the fourth consecutive year, Angola recorded growth in overseas purchases of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 1,030% to 11 tons in 2022. In general, imports saw 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; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $87K in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.26.92.869.2154.5%
Portugal0.20.10.46.7222.4%
India0.10.41.83.7233.2%
ZambiaN/AN/AN/A0.80%
Others0.31.07.26.4177.3%
Total4.78.512.286.8164.3%

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Angola in 2022:

  1. China (7.4 tons)
  2. Zambia (2.9 tons)
  3. India (0.5 tons)
  4. Portugal (0.4 tons)

Source: IndexBox Market Intelligence Platform

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