MENA: Copper Powder Market 2024

Copper Powder Market Size in MENA

The MENA's copper powder market reached $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Copper Powder Production in MENA

In value terms, copper powder production expanded sharply to $X in 2023 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Copper Powder Exports

Exports in MENA

In 2023, exports of copper powders and flakes in MENA reduced to X tons, with a decrease of X% against 2022 figures. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, copper powder exports dropped to $X in 2023. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Turkey represented the main exporting country with an export of around X tons, which resulted at X% of total exports. Israel (X tons) ranks second in terms of the total exports with a X% share, followed by Saudi Arabia (X%) and Tunisia (X%). Egypt (X tons), the United Arab Emirates (X tons) and Lebanon (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2023. At the same time, Egypt (X%), Lebanon (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) and Tunisia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Saudi Arabia (X p.p.), Egypt (X p.p.), the United Arab Emirates (X p.p.) and Lebanon (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Israel (X p.p.) and Tunisia (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Tunisia, Saudi Arabia, Lebanon and Egypt lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Copper Powder Imports

Imports in MENA

In 2023, overseas purchases of copper powders and flakes increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, copper powder imports soared to $X in 2023. Total imports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Turkey was the major importing country with an import of around X tons, which resulted at X% of total imports. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Saudi Arabia (X%) and Iran (X%). The following importers - Israel (X tons), Egypt (X tons) and Morocco (X tons) - each reached an X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported copper powders and flakes in MENA, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, leveling off at the previous year. Overall, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iran ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform