Price for Copper Plates, Sheets and Strip in Iran - 2021
Contents:
- Price for Copper Plates, Sheets and Strip in Iran (FOB) - 2022
- Price for Copper Plates, Sheets and Strip in Iran (CIF) - 2022
- Exports of Copper Plates, Sheets and Strip in Iran
- Imports of Copper Plates, Sheets and Strip in Iran
Price for Copper Plates, Sheets and Strip in Iran (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $9,593 per ton in 2022, with an increase of 6.4% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip export price increased by +122.6% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($9,920 per ton) and Taiwan (Chinese) ($9,806 per ton), while the average price for exports to Vietnam ($7,452 per ton) and Iraq ($9,389 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 Iraq (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Iran (CIF) - 2022
The average import price for copper plates, sheets and strips stood at $8,842 per ton in 2022, reducing by -38.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 57%. Over the period under review, average import prices hit record highs at $14,332 per ton in 2021, and then declined markedly 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 Turkey ($14,157 per ton), while the price for India ($7,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper Plates, Sheets and Strip in Iran
In 2022, approx. 1K tons of copper plates, sheets and strips were exported from Iran; waning by -30.9% against 2021 figures. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 639% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then shrank significantly in the following year.
In value terms, copper plates, sheets and strip exports declined sharply to $9.9M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 935%. As a result, the exports attained the peak of $13M, and then contracted significantly in the following year.
| Export of Copper Plates, Sheets and Strip in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.9 | 0.1 | 7.2 | 5.3 | 80.6% |
| Turkey | 0.1 | 0.5 | 4.4 | 3.3 | 220.8% |
| Vietnam | 1.7 | 0.2 | 0.9 | 0.7 | -25.6% |
| Iraq | 0.2 | 0.1 | 0.7 | 0.5 | 35.7% |
| United Arab Emirates | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Total | 4.1 | 1.3 | 13.4 | 9.9 | 34.2% |
Top Export Markets for Copper Plates, Sheets and Strip from Iran in 2022:
- Taiwan (Chinese) (538.5 tons)
- Turkey (328.2 tons)
- Vietnam (92.1 tons)
- Iraq (57.7 tons)
Imports of Copper Plates, Sheets and Strip in Iran
In 2022, imports of copper plates, sheets and strips into Iran reduced notably to 134 tons, dropping by -23.6% on the previous year. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 25%.
In value terms, copper plates, sheets and strip imports reduced notably to $1.2M in 2022. Over the period under review, imports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 49%.
| Import of Copper Plates, Sheets and Strip in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 391 | 7.1 | N/A | 759 | 24.7% |
| China | 1,044 | 630 | 361 | 154 | -47.2% |
| Turkey | 898 | 483 | 427 | 122 | -48.6% |
| Hong Kong SAR | 104 | N/A | 1,191 | 107 | 1.0% |
| South Korea | N/A | 165 | 137 | N/A | -17.0% |
| Others | 88.7 | 397 | 395 | 42.4 | -21.8% |
| Total | 2,526 | 1,682 | 2,511 | 1,184 | -22.3% |
Top Suppliers of Copper Plates, Sheets and Strip to Iran in 2022:
- India (104.2 tons)
- China (11.3 tons)
- Turkey (8.6 tons)
- Hong Kong SAR (7.6 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Iran.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
