SADC: Copper Powder Market 2024

Copper Powder Market Size in SADC

The SADC copper powder market reached $X in 2023, standing approx. at the previous year. Overall, consumption, however, recorded a deep downturn. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Copper Powder Production in SADC

In value terms, copper powder production totaled $X in 2023 estimated in export price. In general, production showed a notable expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Copper Powder Exports

Exports in SADC

In 2023, shipments abroad of copper powders and flakes increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, copper powder exports rose significantly to $X in 2023. Overall, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2019 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 failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Democratic Republic of the Congo (X tons), constituting a X% share of total exports.

South Africa was also the fastest-growing in terms of the copper powders and flakes exports, with a CAGR of X% from 2012 to 2023. Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa increased by X percentage points.

In value terms, South Africa ($X) remains the largest copper powder supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, increasing by X% against the previous year. Export price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, copper powder export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Copper Powder Imports

Imports in SADC

In 2023, after two years of growth, there was significant decline in overseas purchases of copper powders and flakes, when their volume decreased by X% to X tons. In general, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. 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 shrank sharply to $X in 2023. Overall, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, amounting to X tons, which was near X% of total imports in 2023. The following importers - Democratic Republic of the Congo (X kg) and Zambia (X kg) - each amounted to a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to copper powder imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Zambia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Zambia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported copper powders and flakes in SADC, comprising X% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2020 an increase of X%. The level of import peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform