Price for Refined Copper Tube and Pipe in Sudan - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Sudan (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Sudan
Price for Refined Copper Tube and Pipe in Sudan (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $13,310 per ton, growing by 37% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +88.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Turkey ($15,680 per ton), while the price for Saudi Arabia ($4,564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Sudan
In 2022, supplies from abroad of tubes and pipes of refined copper decreased by -29.8% to 84 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 146 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined copper tube and pipe imports declined slightly to $1.1M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Refined Copper Tube and Pipe in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 509 | 968 | 670 | 859 | 19.1% |
| South Korea | 62.6 | 70.9 | 84.0 | 96.7 | 15.6% |
| China | 138 | 79.6 | 217 | 68.1 | -21.0% |
| Egypt | 15.3 | 17.3 | 20.6 | 23.7 | 15.7% |
| Saudi Arabia | 22.9 | 22.3 | 22.8 | 22.6 | -0.4% |
| India | 66.4 | 22.6 | 12.0 | 7.0 | -52.8% |
| Malaysia | N/A | N/A | 96.5 | N/A | 0% |
| Others | 46.6 | 37.7 | 38.8 | 38.9 | -5.8% |
| Total | 861 | 1,218 | 1,162 | 1,115 | 9.0% |
Top Suppliers of Refined Copper Tube and Pipe to Sudan in 2022:
- United Arab Emirates (56.0 tons)
- South Korea (9.6 tons)
- China (5.6 tons)
- Saudi Arabia (4.9 tons)
- Egypt (4.3 tons)
- India (0.7 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Sudan.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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