Price for Copper; Powders and Flakes in Pakistan - 2023

Contents:

1. Price for Copper; Powders and Flakes in Pakistan (CIF) - 2022
2. Price for Copper; Powders and Flakes in Pakistan (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Pakistan
4. Exports of Copper; Powders and Flakes in Pakistan

Price for Copper; Powders and Flakes in Pakistan (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $13,037 per ton, increasing by 6.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked at $15,162 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,093 per ton), while the price for Brazil ($9,740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Powders and Flakes in Pakistan (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $13,718 per ton, increasing by 198% against the previous year. Overall, the export price showed a buoyant expansion. The export price peaked at $29,137 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($14,755 per ton), while the average price for exports to Oman stood at $4,930 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Powders and Flakes in Pakistan

In 2022, copper; powders and flakes imports into Pakistan fell to 170 tons, waning by -10.7% against 2021. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 190 tons, and then dropped in the following year.

In value terms, copper; powders and flakes imports shrank to $2.2M in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 102%. As a result, imports reached the peak of $2.3M, and then declined in the following year.

Top Suppliers of Copper; Powders and Flakes to Pakistan in 2022:

1. Germany (108.8 tons)
2. Brazil (43.9 tons)
3. United Kingdom (9.4 tons)
4. Belgium (3.9 tons)
5. Thailand (3.0 tons)

Exports of Copper; Powders and Flakes in Pakistan

In 2022, exports of copper; powders and flakeses from Pakistan skyrocketed to 60 tons, growing by 1,153% compared with the previous year's figure. Over the period under review, exports, however, faced a sharp decrease.

In value terms, copper; powders and flakes exports skyrocketed to $825K in 2022. In general, exports, however, recorded a drastic downturn.

Top Export Markets for Copper; Powders and Flakes from Pakistan in 2022:

1. Spain (53.7 tons)
2. Oman (6.3 tons)

Source: IndexBox Market Intelligence Platform