MENA: Copper Foil Market 2025

Copper Foil Market Size in MENA

The MENA's copper foil market totaled $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Copper Foil Production in MENA

In value terms, copper foil production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 45% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Copper Foil Exports

Exports in MENA

In 2022, the amount of copper foil exported in MENA reduced to X tons, waning by -12.6% against the previous year. Overall, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports reduced to $X in 2022. Over the period under review, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near 88% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), achieving an 8% share of total exports. Jordan (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of -3.5% from 2012 to 2022. At the same time, Jordan (+33.8%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +33.8% from 2012-2022. By contrast, the United Arab Emirates (-5.8%) illustrated a downward trend over the same period. The United Arab Emirates (-2.2 p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest copper foil supplier in MENA, comprising 94% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2% share of total exports.

In Turkey, copper foil exports declined by an average annual rate of -1.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-16.9% per year) and Jordan (+40.7% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, approximately mirroring the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil export price increased by +45.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 44% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+5.1%), while the other leaders experienced mixed trends in the export price figures.

Copper Foil Imports

Imports in MENA

In 2022, the amount of copper foil imported in MENA reduced modestly to X tons, waning by -4.3% on the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 25% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper foil imports contracted slightly to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Egypt (X tons) represented the main importer of copper foil, committing 37% of total imports. The United Arab Emirates (X tons) held the second position in the ranking, followed by Turkey (X tons), Algeria (X tons), Tunisia (X tons) and Iran (X tons). All these countries together held near 55% share of total imports. Israel (X tons) followed a long way behind the leaders.

Imports into Egypt increased at an average annual rate of +7.0% from 2012 to 2022. At the same time, Israel (+13.1%), Algeria (+5.0%) and Turkey (+1.2%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of +13.1% from 2012-2022. Tunisia experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-1.4%) and Iran (-2.9%) illustrated a downward trend over the same period. Egypt (+19 p.p.), Algeria (+3.7 p.p.), Turkey (+2.7 p.p.) and Israel (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported copper foil in MENA, comprising 45% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to +11.3%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+3.0% per year) and the United Arab Emirates (-2.5% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, remaining stable against the previous year. Import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil import price increased by +67.2% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 30%. The level of import peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform