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

Contents:

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

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

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $12,693 per ton, increasing by 19% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs at $15,886 per ton in 2014; however, from 2015 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 Germany ($54,125 per ton), while the price for South Africa ($4,436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.5%), 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 Uganda (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $39,000 per ton in 2022, jumping by 121% against the previous year. In general, the export price saw resilient growth. The pace of growth was the most pronounced in 2019 an increase of 323% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($71,000 per ton), while the average price for exports to Canada ($13,667 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 Rwanda (+111.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 3% to 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a drastic downturn.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $179K in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (10.9 tons)
2. Germany (1.3 tons)
3. India (0.7 tons)
4. China (0.5 tons)
5. United States (0.3 tons)
6. South Africa (0.1 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -89.8% to 11 kg. Overall, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 731% against the previous year. As a result, the exports attained the peak of 108 kg, and then dropped remarkably in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted remarkably to $429 in 2022. In general, exports, however, saw prominent growth. The growth pace was the most rapid in 2021 when exports increased by 727%. As a result, the exports reached the peak of $1.9K, and then declined significantly in the following year.

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

1. Canada (6.0 kg)
2. Belgium (4.0 kg)
3. Brazil (1.0 kg)

Source: IndexBox Market Intelligence Platform