Copper; Master Alloys Price in the United Arab Emirates - 2021

Contents:

  1. Copper; Master Alloys Price in the United Arab Emirates (CIF) - 2022
  2. Copper; Master Alloys Price in the United Arab Emirates (FOB) - 2022
  3. Copper; Master Alloys Imports in the United Arab Emirates
  4. Copper; Master Alloys Exports in the United Arab Emirates

Copper; Master Alloys Price in the United Arab Emirates (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $6,224 per ton, falling by -16.6% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 92%. The import price peaked at $13,204 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($7,249 per ton), while the price for Italy ($6,177 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-6.2%), while the prices for the other major suppliers experienced a decline.

Copper; Master Alloys Price in the United Arab Emirates (FOB) - 2022

The average copper; master alloys export price stood at $4,919 per ton in 2022, growing by 36% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 120% against the previous year. Over the period under review, the average export prices reached the maximum at $8,892 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +85.2% per year.

Copper; Master Alloys Imports in the United Arab Emirates

In 2022, approx. 1.2K tons of copper; master alloyses were imported into the United Arab Emirates; with a decrease of -15.7% against the previous year. Overall, imports showed a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, imports reached the peak of 1.4K tons, and then fell significantly in the following year.

In value terms, copper; master alloys imports dropped significantly to $7.6M in 2022. Over the period under review, imports, however, posted pronounced growth. The pace of growth was the most pronounced in 2021 when imports increased by 145%. As a result, imports reached the peak of $11M, and then contracted remarkably in the following year.

Import of Copper; Master Alloys in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.21.65.13.75.0%
ChinaN/AN/AN/A0.10%
South KoreaN/AN/AN/A0.10%
Senegal0.2N/AN/AN/A0%
Oman0.11.10.5N/A123.6%
Others3.31.75.23.73.9%
Total6.84.410.87.63.8%

Top Suppliers of Copper; Master Alloys to the United Arab Emirates in 2022:

  1. Italy (591.4 tons)
  2. China (15.5 tons)
  3. South Korea (13.2 tons)

Copper; Master Alloys Exports in the United Arab Emirates

In 2022, overseas shipments of copper; master alloyses decreased by -55.3% to 5.6 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 573%.

In value terms, copper; master alloys exports shrank significantly to $28K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 403% against the previous year.

Export of Copper; Master Alloys in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A1.027.62660.0%
Saudi ArabiaN/A4.741.7N/A787.2%
Oman1.84.10.4N/A-52.9%
Others0.21.12.2N/A231.7%
Total2.09.945.327.6139.9%

Top Export Markets for Copper; Master Alloys from the United Arab Emirates in 2022:

  1. India (5.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; master alloys - United Arab Emirates