Price for Copper; Refined and Copper Alloys, Unwrought in Algeria - 2022

Contents:

1. Price for Copper; Refined and Copper Alloys, Unwrought in Algeria (FOB) - 2022
2. Price for Copper; Refined and Copper Alloys, Unwrought in Algeria (CIF) - 2022
3. Exports of Copper; Refined and Copper Alloys, Unwrought in Algeria
4. Imports of Copper; Refined and Copper Alloys, Unwrought in Algeria

Price for Copper; Refined and Copper Alloys, Unwrought in Algeria (FOB) - 2022

In 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $6,989 per ton, with an increase of 13% against the previous year. In general, the export price continues to indicate measured growth. The most prominent rate of growth was recorded in 2019 an increase of 111%. Over the period under review, the average export prices hit record highs at $7,165 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($8,266 per ton) and Italy ($7,708 per ton), while the average price for exports to China ($6,713 per ton) and Turkey ($7,055 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Refined and Copper Alloys, Unwrought in Algeria (CIF) - 2022

In 2022, the average import price for copper; refined and copper alloys, unwroughts amounted to $9,005 per ton, which is down by -30.1% against the previous year. Overall, the import price, however, enjoyed a modest increase. The growth pace was the most rapid in 2021 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $12,874 per ton, and then contracted dramatically in the following year.

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 France ($16,345 per ton), while the price for Switzerland ($2,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Refined and Copper Alloys, Unwrought in Algeria

In 2022, exports of copper; refined and copper alloys, unwroughts from Algeria skyrocketed to 3.1K tons, rising by 2,331% on 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; refined and copper alloys, unwroughts surged to $22M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Algeria in 2022:

1. China (2131.1 tons)
2. Turkey (518.6 tons)
3. France (423.7 tons)
4. Italy (50.8 tons)

Imports of Copper; Refined and Copper Alloys, Unwrought in Algeria

In 2022, purchases abroad of copper; refined and copper alloys, unwroughts was finally on the rise to reach 480 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp curtailment.

In value terms, imports of copper; refined and copper alloys, unwroughts skyrocketed to $4.3M in 2022. Overall, imports, however, continue to indicate a abrupt setback.

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Algeria in 2022:

1. Poland (340.6 tons)
2. France (33.7 tons)
3. Switzerland (31.3 tons)
4. Turkey (22.1 tons)
5. Portugal (21.6 tons)
6. Spain (12.0 tons)
7. Tunisia (11.0 tons)

Source: IndexBox Market Intelligence Platform