Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya - 2022
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $6,872 per ton, shrinking by -41.9% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 62% against the previous year. The import price peaked at $15,006 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 the United States ($93,000 per ton), while the price for Tanzania ($3,384 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 States (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (FOB) - 2022
In 2022, the average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $5,857 per ton, with an increase of 14% against the previous year. Overall, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $24,583 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($30,000 per ton), while the average price for exports to Seychelles ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-6.7%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya
In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into Kenya soared to 1.3 tons, rising by 61% on the previous year's figure. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of 105%. As a result, imports reached the peak of 2.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded dropped to $9.1K in 2022. In general, imports enjoyed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year. As a result, imports reached the peak of $19K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 2.9 | 0% |
| Switzerland | 0.9 | 1.9 | 2.3 | 1.5 | 18.6% |
| China | 0.5 | 8.6 | 1.1 | 1.4 | 40.9% |
| South Africa | 0.9 | 3.3 | 2.2 | 1.1 | 6.9% |
| Netherlands | 0.5 | 1.0 | 0.9 | 0.6 | 6.3% |
| India | 1.6 | 0.3 | 0.7 | 0.2 | -50.0% |
| United Arab Emirates | 1.6 | 1.6 | 0.1 | 0.1 | -60.3% |
| Others | 2.7 | 2.7 | 2.4 | 1.4 | -19.7% |
| Total | 8.7 | 19.4 | 9.7 | 9.1 | 1.5% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Kenya in 2022:
- Tanzania (844.0 kg)
- China (234.0 kg)
- Switzerland (81.0 kg)
- South Africa (68.0 kg)
- Netherlands (26.0 kg)
- India (22.0 kg)
- United Arab Emirates (17.0 kg)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya
For the third consecutive year, Kenya recorded decline in overseas shipments of copper; rivets, cotters, cotter-pins and similar articles, not threaded, which decreased by -46.2% to 7 kg in 2022. Overall, exports recorded a significant decrease. The smallest decline of -23.5% was in 2020.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded reduced sharply to $41 in 2022. Over the period under review, exports showed a sharp descent.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 30.0 | 0% |
| Democratic Republic of the Congo | 31.0 | 73.0 | 45.0 | 5.0 | -45.6% |
| Mozambique | 8.0 | N/A | N/A | 2.0 | -37.0% |
| Seychelles | 149 | 12.0 | 5.0 | 1.0 | -81.1% |
| Tanzania | 48.0 | 5.0 | 1.0 | 1.0 | -72.5% |
| Rwanda | 96.0 | 8.0 | 4.0 | 1.0 | -78.2% |
| Uganda | 208 | 22.0 | 12.0 | 1.0 | -83.1% |
| Others | 1.0 | 12.0 | N/A | N/A | 1100.0% |
| Total | 541 | 132 | 67.0 | 41.0 | -57.7% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Kenya in 2022:
- Seychelles (1.0 kg)
- Tanzania (1.0 kg)
- France (1.0 kg)
- Democratic Republic of the Congo (1.0 kg)
- Rwanda (1.0 kg)
- Mozambique (1.0 kg)
- Uganda (1.0 kg)
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