Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan - 2022

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $7,568 per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. The import price peaked at $7,576 per ton in 2015; afterwards, it flattened through to 2022.

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 Italy ($238,545 per ton), while the price for the United Arab Emirates ($4,983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+54.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $4,333 per ton in 2022, declining by -3.7% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 542% against the previous year. As a result, the export price reached the peak level of $24,385 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($11,000 per ton), while the average price for exports to Canada ($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 Canada (-19.2%).

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan

In 2022, overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -45.1% to 26 tons, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 121%. As a result, imports reached the peak of 112 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined dramatically to $194K in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. As a result, imports reached the peak of $689K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Sudan in 2022:

1. China (17.4 tons)
2. United Arab Emirates (5.5 tons)
3. Saudi Arabia (1.0 tons)
4. India (0.9 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan

After two years of decline, overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -25% to 3 kg in 2022. Overall, exports saw a dramatic descent.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped markedly to $13 in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -10% was in 2021.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Sudan in 2022:

1. Canada (1.0 kg)
2. Austria (1.0 kg)
3. Bulgaria (1.0 kg)

Source: IndexBox Market Intelligence Platform