Egypt: Copper Ore Market 2020

Copper Ore Market Size in Egypt

The revenue of the copper ore market in Egypt amounted to $X in 2017, dropping by -X% against the previous year. In general, copper ore consumption continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2009, when market value increased by X% y-o-y. Over the period under review, the copper ore market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Copper Ore Production in Egypt

In 2017, production of copper ores and concentrates in Egypt amounted to X kg, remaining constant against the previous year. Overall, copper ore production continues to indicate a relatively flat trend pattern.

Copper Ore Exports from Egypt

Copper ore exports from Egypt stood at X tons in 2017, picking up by X% against the previous year. Overall, copper ore exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the copper ore exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, copper ore exports totaled $X in 2017. Overall, copper ore exports continue to indicate an outstanding expansion. In that year, the copper ore exports attained their peak level, and are likely to continue its growth in the immediate term.

Copper Ore Exports by Country from Egypt

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) represented the main exporters of copper ores and concentrates, together creating X% of total exports. Mexico (X tons), Mongolia (X tons), Brazil (X tons), Spain (X tons), Indonesia (X tons), Kazakhstan (X tons), the U.S. (X tons) and Namibia (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest copper ore markets worldwide were Chile ($X), Peru ($X) and Australia ($X), together comprising X% of total exports. Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries , Egypt (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Copper Ore Export Prices by Country in Egypt

In 2017, the copper ore export price in Egypt amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, an increase of X% year-to-year. In that year, the export prices for copper ores and concentrates reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Indonesia ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Copper Ore Imports into Egypt

Copper ore imports into Egypt totaled X tons in 2017, falling by -X% against the previous year. In general, copper ore imports continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2015, when imports increased by X% against the previous year. Egypt imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, copper ore imports totaled $X in 2017. In general, copper ore imports continue to indicate a precipitous decline. Egypt imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Copper Ore Imports by Country into Egypt

In 2017, China (X tons) represented the largest importer for copper ores and concentrates, committing X% of total imports. The Philippines (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and Spain (X%). South Korea (X tons), India (X tons), Germany (X tons), Bulgaria (X tons), Taiwan, Chinese (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to copper ore imports into China stood at +X%. At the same time, the Philippines (+X%), Zambia (+X%), Taiwan, Chinese (+X%), Spain (+X%), Bulgaria (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany and Japan experienced a relatively flat trend pattern. By contrast, India (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India increased by X% percentage points, while Taiwan, Chinese (-X%), Zambia (-X%), Spain (-X%), the Philippines (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported copper ores and concentrates into Egypt, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by India, with a X% share.

In China, copper ore imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (-X% per year) and India (-X% per year).

Copper Ore Import Prices by Country in Egypt

In 2017, the copper ore import price in Egypt amounted to $X per ton, falling by -X% against the previous year. In general, copper ore import price continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the import prices for copper ores and concentrates reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform