Price for Copper Oxides and Hydroxides in Sri Lanka - 2021
Contents:
- Price for Copper Oxides and Hydroxides in Sri Lanka (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Sri Lanka
Price for Copper Oxides and Hydroxides in Sri Lanka (CIF) - 2022
The average copper oxides and hydroxides import price stood at $6,676 per ton in 2022, dropping by -9.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $9,910 per ton in 2016; however, from 2017 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 Belgium ($17,000 per ton), while the price for India amounted to $6,389 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Copper Oxides and Hydroxides in Sri Lanka
In 2022, purchases abroad of copper oxides and hydroxideses decreased by -90.6% to 37 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year.
In value terms, copper oxides and hydroxides imports dropped markedly to $247 in 2022. In general, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 58%. As a result, imports attained the peak of $2.9K, and then contracted sharply in the following year.
| Import of Copper Oxides and Hydroxides in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 929 | 1,091 | 2,303 | 230 | -37.2% |
| Belgium | N/A | N/A | 31.0 | 17.0 | -45.2% |
| Singapore | 206 | 262 | 203 | N/A | -0.7% |
| Others | 493 | 488 | 371 | N/A | -13.3% |
| Total | 1,628 | 1,841 | 2,908 | 247 | -46.7% |
Top Suppliers of Copper Oxides and Hydroxides to Sri Lanka in 2022:
- India (36.0 kg)
- Belgium (1.0 kg)
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