Tunisia: Copper Foil Market 2024

Copper Foil Market Size in Tunisia

The Tunisian copper foil market declined to $X in 2022, reducing by -7.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Copper Foil Exports

Exports from Tunisia

In 2022, after two years of decline, there was significant growth in shipments abroad of copper foil, when their volume increased by 387% to X kg. In general, exports posted prominent growth. The growth pace was the most rapid in 2018 when exports increased by 2,217%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports surged to $X in 2022. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 2,738% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for copper foil exports from Tunisia, accounting for a 89% share of total exports. Moreover, copper foil exports to France exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France totaled +54.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+13.2% per year) and Singapore (-27.9% per year).

In value terms, France ($X) remains the key foreign market for copper foil exports from Tunisia, comprising 80% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +45.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.7% per year) and Singapore (-27.6% per year).

Export Prices by Country

The average copper foil export price stood at $X per ton in 2022, rising by 41% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2016 an increase of 56%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Singapore ($X 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 Singapore (+0.4%), while the prices for the other major destinations experienced a decline.

Copper Foil Imports

Imports into Tunisia

In 2022, copper foil imports into Tunisia dropped to X tons, which is down by -4.5% compared with 2021 figures. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 39%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, copper foil imports fell to $X in 2022. Over the period under review, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2017 when imports increased by 41% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest copper foil supplier to Tunisia, with a 55% share of total imports. Moreover, copper foil imports from China exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+20.2% per year) and Germany (-8.2% per year).

In value terms, China ($X) constituted the largest supplier of copper foil to Tunisia, comprising 44% of total imports. The second position in the ranking was taken by Luxembourg ($X), with a 14% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+16.3% per year) and Germany (-5.3% per year).

Import Prices by Country

The average copper foil import price stood at $X per ton in 2022, which is down by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 when the average import price increased by 16%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform