MENA: Copper Powder Market 2024

Copper Powder Market Size in MENA

The MENA's copper powder market shrank remarkably to $X in 2022, falling by X% against the previous year. In general, consumption recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Powder Production in MENA

In value terms, copper powder production declined to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Copper Powder Exports

Exports in MENA

In 2022, overseas shipments of copper powders and flakes increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, copper powder exports skyrocketed to $X in 2022. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Turkey (X tons), the United Arab Emirates (X tons) and Israel (X tons), together amounting to X% of total export. Tunisia (X tons) held the next position in the ranking, followed by Lebanon (X tons) and Saudi Arabia (X tons). All these countries together took near X% share of total exports. Egypt (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Tunisia, Lebanon, Saudi Arabia and Egypt lagged somewhat behind, together accounting for a further X%.

Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Copper Powder Imports

Imports in MENA

In 2022, overseas purchases of copper powders and flakes decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, copper powder imports contracted sharply to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value 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. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Turkey represented the largest importing country with an import of around X tons, which finished at X% of total imports. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%), Iraq (X%), Israel (X%) and Egypt (X%). Kuwait (X tons) held a relatively small share of total imports.

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

In value terms, Turkey ($X) constitutes the largest market for imported copper powders and flakes in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price, however, enjoyed significant growth. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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