Africa: Copper Powder Market 2024

Copper Powder Market Size in Africa

After four years of growth, the African copper powder market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Copper Powder Production in Africa

In value terms, copper powder production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Copper Powder Exports

Exports in Africa

After two years of decline, shipments abroad of copper powders and flakes increased by X% to X tons in 2022. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, copper powder exports rose slightly to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of copper powders and flakes, creating X% of total exports. Nigeria (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%), Zambia (X%) and Sudan (X%). The following exporters - Egypt (X tons) and Democratic Republic of the Congo (X tons) - each amounted to an X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%), Nigeria (X%), Sudan (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) and Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Nigeria (X p.p.), Zambia (X p.p.), Sudan (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tunisia (X p.p.) and Democratic Republic of the Congo (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest copper powder supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, copper powder exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Sudan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Copper Powder Imports

Imports in Africa

In 2022, copper powder imports in Africa contracted significantly to X tons, dropping by X% against the previous year's figure. Over the period under review, imports saw a sharp decrease. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, copper powder imports reduced sharply to $X in 2022. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of copper powder imports in 2022 were Egypt (X tons), Morocco (X tons) and South Africa (X tons), together accounting for X% of total import. The following importers - Tunisia (X tons), Sudan (X tons), Nigeria (X tons) and Zimbabwe (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper powder importing markets in Africa were Egypt ($X), Morocco ($X) and South Africa ($X), together comprising X% of total imports. Tunisia, Sudan, Nigeria and Zimbabwe lagged somewhat behind, together accounting for a further X%.

Sudan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, rising by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper powder import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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