Price for Copper Plates, Sheets and Strip in Ghana - 2023

Contents:

1. Price for Copper Plates, Sheets and Strip in Ghana (CIF) - 2022
2. Price for Copper Plates, Sheets and Strip in Ghana (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in Ghana
4. Exports of Copper Plates, Sheets and Strip in Ghana

Price for Copper Plates, Sheets and Strip in Ghana (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $5,058 per ton in 2022, jumping by 30% against the previous year. Overall, the import price recorded a mild increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 179%. The import price peaked at $7,225 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Spain ($13,163 per ton), while the price for the United Arab Emirates ($841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Ghana (FOB) - 2022

In 2022, the average export price for copper plates, sheets and strips amounted to $1,875 per ton, with an increase of 103% against the previous year. In general, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 128%. The export price peaked at $11,905 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,997 per ton), while the average price for exports to Cote d'Ivoire ($881 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+122.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Ghana

In 2022, after two years of decline, there was significant decline in supplies from abroad of copper plates, sheets and strips, when their volume decreased by -45.6% to 39 tons. Overall, imports showed a abrupt contraction.

In value terms, copper plates, sheets and strip imports fell sharply to $198K in 2022. In general, imports saw a abrupt curtailment.

Top Suppliers of Copper Plates, Sheets and Strip to Ghana in 2022:

1. China (12.8 tons)
2. India (9.8 tons)
3. United Arab Emirates (8.6 tons)
4. United Kingdom (3.8 tons)
5. Turkey (1.9 tons)
6. Spain (1.0 tons)
7. South Africa (0.4 tons)

Exports of Copper Plates, Sheets and Strip in Ghana

In 2022, shipments abroad of copper plates, sheets and strips decreased by -9.7% to 3.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a significant expansion.

In value terms, copper plates, sheets and strip exports skyrocketed to $7.1K in 2022. In general, exports, however, continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper Plates, Sheets and Strip from Ghana in 2022:

1. India (2.7 tons)
2. United States (0.6 tons)
3. Cote d'Ivoire (0.4 tons)

Source: IndexBox Market Intelligence Platform