Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $10,094 per ton, with an increase of 5.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
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 the United States ($28,584 per ton), while the price for the United Arab Emirates ($2,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $4,122 per ton in 2022, waning by -50.6% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. The export price peaked at $16,410 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.8% per year.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait
In 2022, purchases abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s was finally on the rise to reach 44 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a drastic downturn.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s soared to $443K in 2022. Over the period under review, imports, however, faced a abrupt curtailment.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 157 | 108 | 84.8 | 132 | -5.6% |
| India | 198 | 57.0 | 83.6 | 76.8 | -27.1% |
| United Kingdom | 183 | 217 | 32.6 | 62.1 | -30.2% |
| United States | 1.7 | 6.0 | 8.8 | 58.6 | 225.4% |
| China | 31.2 | 24.4 | 2.9 | 23.4 | -9.1% |
| United Arab Emirates | 59.6 | 52.4 | 27.0 | 19.1 | -31.6% |
| Germany | 18.9 | 0.7 | 1.2 | 9.6 | -20.2% |
| Others | 93.0 | 60.6 | 51.6 | 60.9 | -13.2% |
| Total | 742 | 526 | 293 | 443 | -15.8% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Kuwait in 2022:
- South Korea (16.2 tons)
- India (9.4 tons)
- United Arab Emirates (6.9 tons)
- United Kingdom (3.4 tons)
- China (2.9 tons)
- United States (2.0 tons)
- Germany (1.2 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait
Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Kuwait soared to 3.8 tons in 2022, with an increase of 103% against the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 771% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s totaled $16K in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 558%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.4 | 2.3 | 8.3 | 15.7 | 239.8% |
| Italy | N/A | N/A | 2.9 | N/A | 0% |
| United Arab Emirates | N/A | 0.9 | 4.5 | N/A | 400.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 3.1 | 15.7 | 15.7 | 215.5% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Kuwait in 2022:
- India (3.8 tons)
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