Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (CIF) - 2022
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (FOB) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $4,211 per ton in 2022, with a decrease of -18.5% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 26%. The import price peaked at $9,497 per ton in 2018; however, from 2019 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 South Africa ($5,589 per ton), while the price for the United Arab Emirates ($1,568 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.9%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (FOB) - 2022
The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $7,664 per ton in 2022, surging by 107% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The export price peaked at $14,877 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Rwanda ($78,000 per ton), while the average price for exports to Tanzania ($5,074 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 Zambia (+76.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya
In 2022, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into Kenya dropped notably to 16 tons, reducing by -30.9% compared with the previous year. Overall, imports faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses declined notably to $67K in 2022. In general, imports saw a sharp slump. The smallest decline of -28.4% was in 2021.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 397 | 129 | 103 | 58.9 | -47.1% |
| South Africa | 36.8 | 3.8 | 3.4 | 1.9 | -62.8% |
| India | 154 | 10.4 | 4.3 | 1.6 | -78.2% |
| Zambia | 57.8 | 4.1 | 2.9 | 1.5 | -70.4% |
| France | 19.5 | 3.3 | 2.3 | 0.7 | -67.0% |
| United Kingdom | 47.0 | 0.1 | 0.2 | 0.7 | -75.4% |
| United Arab Emirates | 7.6 | 0.6 | 0.7 | 0.4 | -62.5% |
| Others | 23.3 | 15.1 | 1.8 | 1.5 | -59.9% |
| Total | 743 | 166 | 119 | 67.0 | -55.2% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Kenya in 2022:
- Egypt (13.9 tons)
- Zambia (0.5 tons)
- South Africa (0.3 tons)
- India (0.3 tons)
- United Arab Emirates (0.2 tons)
- France (0.1 tons)
- United Kingdom (0.1 tons)
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya
Exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses from Kenya soared to 2.3 tons in 2022, increasing by 2,318% on the previous year. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $18K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 0.9 | 0.2 | 0.2 | 11.1 | 131.0% |
| Uganda | 0.4 | 0.1 | 0.1 | 5.6 | 141.0% |
| China | N/A | N/A | N/A | 1.1 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.3 | 0.4 | 0.4 | 17.8 | 139.2% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Kenya in 2022:
- Tanzania (2181.0 kg)
- Uganda (77.0 kg)
- China (62.0 kg)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Kenya.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
