Sulphates; of Copper Price in Iran - 2021

Sulphates; of Copper Price in Iran (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $2,912 per ton, flattening at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $3,229 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,760 per ton), while the price for the United Arab Emirates ($1,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Iran (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $1,575 per ton, with a decrease of -12.6% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price decreased by -8.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 72% against the previous year. As a result, the export price attained the peak level of $1,833 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($3,057 per ton), while the average price for exports to Azerbaijan ($805 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 Azerbaijan (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Copper Imports in Iran

For the third year in a row, Iran recorded decline in purchases abroad of sulphates; of coppers, which decreased by -79.6% to 44 tons in 2022. Over the period under review, imports saw a significant curtailment. The smallest decline of -13.5% was in 2021.

In value terms, sulphates; of copper imports dropped dramatically to $127K in 2022. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 18%.

Import of Sulphates; of Copper in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	193	133	134	39.8	-40.9%
United Arab Emirates	103	89.4	86.4	19.2	-42.9%
Italy	58.6	59.6	64.8	16.2	-34.9%
Turkey	159	53.9	153	15.9	-53.6%
Spain	36.7	39.4	47.2	13.0	-29.2%
Russia	46.6	42.7	45.7	11.7	-36.9%
China	22.7	17.0	11.0	2.7	-50.8%
Uzbekistan	16.8	13.7	12.5	2.6	-46.3%
Others	132	86.8	75.2	6.3	-63.7%
Total	768	536	630	127	-45.1%

Top Suppliers of Sulphates; of Copper to Iran in 2022:

United Arab Emirates (13.5 tons)
France (11.0 tons)
Turkey (4.6 tons)
Italy (4.3 tons)
Russia (4.0 tons)
Spain (4.0 tons)
Uzbekistan (1.0 tons)
China (0.9 tons)

Sulphates; of Copper Exports in Iran

In 2022, shipments abroad of sulphates; of coppers increased by 110% to 21 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of copper exports skyrocketed to $33K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.