Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria (CIF) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria (FOB) - 2023
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $4,541 per ton in November 2023, declining by -34.3% against the previous month. Over the period under review, the import price showed a slight descent. The most prominent rate of growth was recorded in September 2023 an increase of 75% m-o-m. The import price peaked at $6,912 per ton in October 2023, and then fell rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($22,435 per ton), while the price for China stood at $4,473 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), 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 Austria (FOB) - 2023
In November 2023, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $11,266 per ton, dropping by -4.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 37% month-to-month. The export price peaked at $13,978 per ton in March 2023; however, from April 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was China ($33,076 per ton), while the average price for exports to Bosnia and Herzegovina ($10,858 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.7%), 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 Austria
Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Austria shrank to 9.4K tons in 2022, remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 9.5K tons, leveling off in the following year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $52M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 22.5 | 20.2 | 26.8 | 28.6 | 8.3% |
Italy | 5.9 | 5.9 | 13.9 | 19.7 | 49.5% |
Poland | 0.3 | 0.9 | 0.8 | 1.1 | 54.2% |
Others | 1.0 | 1.0 | 1.7 | 2.1 | 28.1% |
Total | 29.7 | 28.0 | 43.3 | 51.6 | 20.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Austria in 2022:
- Germany (5.2K tons)
- Italy (3.8K tons)
- Poland (0.2K tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria
Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Austria skyrocketed to 593 tons in 2022, with an increase of 93% against 2021 figures. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s soared to $6M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Austria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 498 | 606 | 982 | 1,709 | 50.8% |
Switzerland | 873 | 683 | 726 | 903 | 1.1% |
Italy | 83.2 | 88.0 | 113 | 681 | 101.5% |
Czech Republic | 195 | 105 | 73.0 | 522 | 38.8% |
China | 201 | 153 | 266 | 434 | 29.3% |
United Kingdom | 1.8 | 3.6 | 154 | 301 | 450.9% |
Romania | 131 | 130 | 185 | 234 | 21.3% |
Hungary | 425 | 244 | 255 | 225 | -19.1% |
Spain | N/A | 0.1 | 0.1 | 159 | 3887.5% |
Croatia | 54.4 | 62.8 | 108 | 158 | 42.7% |
Slovenia | 133 | 73.1 | 106 | 147 | 3.4% |
Slovakia | 39.8 | 52.2 | 50.8 | 69.0 | 20.1% |
Poland | 44.6 | 68.9 | 71.3 | 16.9 | -27.6% |
Others | 186 | 165 | 367 | 395 | 28.5% |
Total | 2,865 | 2,435 | 3,458 | 5,955 | 27.6% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Austria in 2022:
- Germany (204.7 tons)
- Italy (110.7 tons)
- Switzerland (73.5 tons)
- Czech Republic (60.2 tons)
- Spain (22.4 tons)
- Hungary (19.9 tons)
- United Kingdom (19.1 tons)
- Croatia (14.6 tons)
- Romania (14.3 tons)
- Slovenia (13.0 tons)
- China (11.5 tons)
- Slovakia (5.9 tons)
- Poland (1.6 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Austria.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Austria.
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