Price for Copper Plates, Sheets and Strip in Kenya - 2021
Contents:
- Price for Copper Plates, Sheets and Strip in Kenya (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Kenya (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Kenya
- Exports of Copper Plates, Sheets and Strip in Kenya
Price for Copper Plates, Sheets and Strip in Kenya (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $7,454 per ton, picking up by 5.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $10,449 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($8,521 per ton), while the price for Egypt ($4,753 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Kenya (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $15,754 per ton in 2022, jumping by 47% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 98% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($18,372 per ton), while the average price for exports to Burundi ($478 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 Ethiopia (+51.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper Plates, Sheets and Strip in Kenya
In 2022, imports of copper plates, sheets and strips into Kenya contracted to 250 tons, declining by -5% on the previous year's figure. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 6.5%.
In value terms, copper plates, sheets and strip imports stood at $1.9M in 2022. Over the period under review, imports recorded a abrupt curtailment.
| Import of Copper Plates, Sheets and Strip in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,980 | 1,061 | 1,217 | 517 | -36.1% |
| China | 70.3 | 223 | 51.5 | 506 | 93.1% |
| India | 344 | 168 | 125 | 372 | 2.6% |
| Egypt | 397 | 172 | 150 | 122 | -32.5% |
| Zambia | 108 | 24.0 | 109 | 88.8 | -6.3% |
| Uganda | 23.0 | 15.3 | 41.4 | 52.0 | 31.2% |
| France | 13.7 | 29.9 | 57.7 | 46.1 | 49.9% |
| Others | 287 | 180 | 107 | 163 | -17.2% |
| Total | 3,223 | 1,874 | 1,860 | 1,867 | -16.6% |
Top Suppliers of Copper Plates, Sheets and Strip to Kenya in 2022:
- Turkey (60.7 tons)
- China (59.4 tons)
- India (50.1 tons)
- Egypt (25.7 tons)
- Zambia (15.9 tons)
- Uganda (9.2 tons)
- France (5.5 tons)
Exports of Copper Plates, Sheets and Strip in Kenya
After three years of growth, overseas shipments of copper plates, sheets and strips decreased by -56% to 830 kg in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 331%.
In value terms, copper plates, sheets and strip exports fell rapidly to $13K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 313%.
| Export of Copper Plates, Sheets and Strip in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 8.6 | 0% |
| Tanzania | 1.1 | 4.4 | 11.2 | 2.1 | 24.1% |
| Rwanda | N/A | 0.1 | 2.4 | 0.5 | 123.6% |
| Democratic Republic of the Congo | 0.1 | 0.1 | 0.8 | 0.1 | 0.0% |
| Burundi | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.3 | 1.3 | 5.8 | 1.7 | 78.3% |
| Total | 1.5 | 6.0 | 20.2 | 13.1 | 105.9% |
Top Export Markets for Copper Plates, Sheets and Strip from Kenya in 2022:
- India (470.0 kg)
- Tanzania (231.0 kg)
- Rwanda (43.0 kg)
- Democratic Republic of the Congo (37.0 kg)
- Burundi (23.0 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.
