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

Contents:

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

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

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $8,182 per ton in 2022, surging by 29% against the previous year. Overall, the import price, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2021 an increase of 151%. The import price peaked at $10,569 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($16,081 per ton), while the price for the United States ($759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $1,715 per ton, growing by 9.8% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 218% against the previous year. As a result, the export price reached the peak level of $11,470 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -14.5% per year.

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

In 2022, purchases abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -9.9% to 14 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 77%. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $113K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. China (8.8 tons)
2. United Kingdom (1.9 tons)
3. Kenya (1.3 tons)
4. India (1.1 tons)
5. United States (0.3 tons)
6. United Arab Emirates (0.2 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Uganda

In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses exported from Uganda declined to 411 kg, reducing by -8.3% compared with the year before. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 75%.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $705 in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 0.9%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Uganda in 2022:

1. Rwanda (411.0 kg)

Source: IndexBox Market Intelligence Platform