Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (CIF) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (FOB) - 2022
  3. Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana
  4. Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (CIF) - 2022

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $5,402 per ton, with a decrease of -31.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 93% against the previous year. As a result, import price reached the peak level of $8,464 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 Sweden ($21,257 per ton), while the price for South Korea ($316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (FOB) - 2022

The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $1,687 per ton in 2022, shrinking by -57.4% against the previous year. Over the period under review, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of 102%. As a result, the export price reached the peak level of $3,958 per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,790 per ton), while the average price for exports to the United Arab Emirates ($902 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 China (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana

In 2022, approx. 5.3 tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were imported into Ghana; waning by -19.1% on 2021 figures. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell significantly to $29K in 2022. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56%.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden17.612.222.514.2-6.9%
Ireland13.26.17.53.2-37.6%
China2.42.71.21.6-12.6%
Turkey0.20.21.01.386.6%
United States0.80.30.21.214.5%
Germany11.51.32.01.1-54.3%
United Kingdom0.40.20.21.035.7%
United Arab Emirates1.21.34.40.1-56.3%
South Korea0.20.10.20.1-20.6%
Others11.88.612.34.8-25.9%
Total59.433.051.628.6-21.6%

Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Ghana in 2022:

  1. China (2255.0 kg)
  2. Sweden (669.0 kg)
  3. Turkey (569.0 kg)
  4. United Kingdom (408.0 kg)
  5. Ireland (307.0 kg)
  6. South Korea (272.0 kg)
  7. United States (171.0 kg)
  8. Germany (62.0 kg)
  9. United Arab Emirates (49.0 kg)

Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana

In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s exported from Ghana skyrocketed to 6.7 tons, picking up by 113% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. 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 declined to $11K in 2022. In general, exports, however, saw a deep contraction. The smallest decline of -4.8% was in 2020.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.27.73.610.619.6%
India3.65.41.90.4-51.9%
Belgium2.5N/AN/AN/A0%
Turkey1.5N/AN/AN/A0%
OthersN/AN/A6.90.3-95.7%
Total13.813.112.511.3-6.4%

Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Ghana in 2022:

  1. China (6.4 tons)
  2. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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