Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (CIF) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $9,412 per ton in July 2023, which is down by -9.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 11% m-o-m. As a result, import price reached the peak level of $10,965 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From August 2022 to July 2023, the rate of growth in terms of prices for China amounted to +10.6% per month.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $3,091 per ton in 2022, falling by -6.9% against the previous year. Over the period under review, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2016 an increase of 63%. The export price peaked at $5,044 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($5,093 per ton), while the average price for exports to Turkey ($1,696 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 (+3.2%), 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 Pakistan
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Pakistan surged to 1.2K tons, growing by 50% on 2021 figures. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 204%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $13M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 304%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 0.9 | 0.7 | 0.7 | 5.9 | 87.2% |
| Taiwan (Chinese) | 0.1 | 0.1 | 2.4 | 2.3 | 184.4% |
| Turkey | 0.3 | 0.4 | 2.2 | 1.9 | 85.0% |
| Japan | 1.8 | 0.5 | 2.1 | 1.5 | -5.9% |
| China | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Malaysia | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.6 | 0.5 | 71.0% |
| Total | 3.3 | 2.0 | 8.1 | 12.8 | 57.1% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Pakistan in 2022:
- Indonesia (582.1 tons)
- Taiwan (Chinese) (228.4 tons)
- Japan (171.7 tons)
- Turkey (89.6 tons)
- China (81.5 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan
In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Pakistan skyrocketed to 422 tons, growing by 1,528% compared with 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 37,454%. 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 soared to $1.3M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 26,382% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 475 | 0% |
| Saudi Arabia | 2.7 | 0.2 | 14.3 | 355 | 408.5% |
| China | 0.3 | 0.1 | 59.1 | 345 | 947.7% |
| France | 0.3 | N/A | 10.4 | 71.1 | 518.8% |
| Turkey | N/A | N/A | N/A | 25.4 | 0% |
| Others | 0.2 | N/A | 2.3 | 33.0 | 448.5% |
| Total | 3.5 | 0.3 | 86.1 | 1,304 | 619.6% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Pakistan in 2022:
- China (178.9 tons)
- Saudi Arabia (105.8 tons)
- Finland (93.3 tons)
- France (17.3 tons)
- Turkey (15.0 tons)
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