Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain - 2022

Contents:

  1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (CIF) - 2022
  2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (FOB) - 2022
  3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain
  4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (CIF) - 2022

In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $10,700 per ton, growing by 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40% against the previous year. The import price peaked at $11,568 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($56,939 per ton), while the price for Saudi Arabia ($3,856 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 (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (FOB) - 2022

The average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $4,615 per ton in 2022, waning by -18.8% against the previous year. Over the period under review, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices reached the maximum at $8,902 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($4,622 per ton), while the average price for exports to Saudi Arabia ($3,000 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 the United Arab Emirates (-6.6%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain

In 2022, approx. 121 tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Bahrain; picking up by 123% on the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses surged to $1.3M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico36.145.2119308104.3%
United Kingdom71.810814330862.5%
United Arab Emirates42.149.315829992.2%
United States48.161.466.417252.9%
Malaysia4.119.336.596.2186.3%
Saudi Arabia18.719.917.938.627.3%
China3.01.08.616.777.2%
Others6.87.53.750.495.0%
Total2313115541,28977.4%

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Bahrain in 2022:

  1. United Kingdom (36.2 tons)
  2. United Arab Emirates (29.4 tons)
  3. Mexico (28.3 tons)
  4. Saudi Arabia (10.0 tons)
  5. Malaysia (7.1 tons)
  6. United States (3.0 tons)
  7. China (2.6 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain

In 2022, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses from Bahrain declined to 457 kg, reducing by -1.5% compared with 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.2%.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted rapidly to $2.1K in 2022. Over the period under review, exports saw a significant decrease.

Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A3.92.62.1-26.6%
Saudi Arabia2.8N/AN/AN/A0%
United Arab Emirates2.3N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total5.23.92.62.1-26.1%

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Bahrain in 2022:

  1. Canada (455.0 kg)
  2. United Arab Emirates (1.0 kg)
  3. Saudi Arabia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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