Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (CIF) - 2024
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (CIF) - 2024
In November 2023, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $6,379 per ton, increasing by 11% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 93% m-o-m. As a result, import price attained the peak level of $12,569 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($7,986 per ton), while the price for Belgium ($4,988 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $10,380 per ton, with an increase of 26% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +82.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($44,967 per ton), while the average price for exports to Yemen ($3,719 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 the Czech Republic (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into the UK shrank slightly to 21K tons, with a decrease of -2% compared with the previous year. In general, imports faced a deep contraction.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $141M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.9 | 48.0 | 45.4 | 64.0 | 1.7% |
| France | 23.3 | 19.1 | 29.4 | 24.4 | 1.5% |
| Italy | 5.1 | 7.8 | 18.8 | 19.8 | 57.2% |
| Poland | 1.5 | 1.6 | 4.7 | 11.9 | 99.4% |
| Greece | 2.6 | 2.2 | 3.6 | 6.8 | 37.8% |
| Sweden | 1.5 | 2.8 | 2.7 | 2.5 | 18.6% |
| Netherlands | 6.8 | 1.2 | 0.2 | 0.3 | -64.7% |
| Others | 8.2 | 5.1 | 8.1 | 11.4 | 11.6% |
| Total | 110 | 87.8 | 113 | 141 | 8.6% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to the UK in 2022:
- Germany (8.7K tons)
- France (4.8K tons)
- Italy (3.1K tons)
- Poland (1.4K tons)
- Greece (0.8K tons)
- Sweden (0.7K tons)
- Netherlands (0.1K tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK
In 2022, shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -23.9% to 1.2K tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 7.6% against the previous year. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s declined slightly to $12M in 2022. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 2.7% against the previous year. As a result, the exports attained the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 7.3 | 5.4 | 3.5 | 3.2 | -24.0% |
| Qatar | 0.7 | 1.0 | 2.5 | 1.5 | 28.9% |
| Germany | 4.4 | 10.7 | 1.2 | 1.4 | -31.7% |
| Australia | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| United Arab Emirates | 1.3 | 0.6 | 1.9 | 0.7 | -18.6% |
| United States | 4.0 | 0.7 | 0.2 | 0.5 | -50.0% |
| Hungary | 1.5 | 0.9 | 0.3 | 0.5 | -30.7% |
| Denmark | N/A | N/A | N/A | 0.3 | 0% |
| France | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| Italy | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Yemen | N/A | N/A | N/A | 0.1 | 0% |
| Saudi Arabia | 0.1 | 0.3 | 0.5 | N/A | 123.6% |
| Others | 2.5 | 2.9 | 2.1 | 2.3 | -2.7% |
| Total | 22.6 | 23.2 | 12.5 | 12.0 | -19.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from the UK in 2022:
- Ireland (341.5 tons)
- Qatar (182.1 tons)
- Germany (173.7 tons)
- United Arab Emirates (128.0 tons)
- Hungary (59.2 tons)
- France (29.1 tons)
- United States (27.6 tons)
- Denmark (27.3 tons)
- Australia (23.8 tons)
- Yemen (20.7 tons)
- Italy (18.8 tons)
- Saudi Arabia (3.8 tons)
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