Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (FOB) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (CIF) - 2024
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,954 per ton, growing by 14% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +67.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 46% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($10,251 per ton) and Bosnia and Herzegovina ($9,588 per ton), while the average price for exports to Germany ($7,636 per ton) and the UK ($7,801 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (CIF) - 2024
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $6,225 per ton in November 2023, falling by -8.4% against the previous month. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 13% month-to-month. The import price peaked at $7,785 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($20,173 per ton), while the price for Croatia ($1,540 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia
In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Serbia fell to 1.1K tons, waning by -11.4% against 2021. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then declined in the following year.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reached $9.9M in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 2,754 | 1,578 | 4,949 | 5,583 | 26.6% |
| United Kingdom | 552 | 736 | 1,572 | 2,229 | 59.2% |
| Croatia | 367 | 375 | 321 | 619 | 19.0% |
| Slovenia | 264 | 127 | 233 | 330 | 7.7% |
| Germany | 625 | 458 | 949 | 279 | -23.6% |
| Czech Republic | 112 | 251 | 390 | 263 | 32.9% |
| Poland | 190 | 523 | 95.6 | 127 | -12.6% |
| Belgium | 319 | 162 | 164 | N/A | -28.3% |
| Tunisia | N/A | N/A | 572 | N/A | 0% |
| Others | 357 | 466 | 572 | 514 | 12.9% |
| Total | 5,538 | 4,676 | 9,819 | 9,945 | 21.5% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Serbia in 2022:
- Bosnia and Herzegovina (582.4 tons)
- United Kingdom (285.8 tons)
- Croatia (78.6 tons)
- Germany (36.6 tons)
- Czech Republic (33.6 tons)
- Slovenia (32.2 tons)
- Poland (13.0 tons)
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s imported into Serbia contracted to 739 tons, with a decrease of -9.2% on the previous year. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2%.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s totaled $5.6M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 44%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 818 | 794 | 2,524 | 3,521 | 62.7% |
| Greece | 1,719 | 1,485 | 1,404 | 879 | -20.0% |
| Italy | 1,545 | 735 | 748 | 484 | -32.1% |
| Germany | 18.0 | 28.9 | 26.6 | 252 | 141.0% |
| China | 49.8 | 178 | 182 | 165 | 49.1% |
| Russia | 509 | 495 | 445 | 0.1 | -94.2% |
| Others | 184 | 161 | 241 | 341 | 22.8% |
| Total | 4,842 | 3,877 | 5,570 | 5,642 | 5.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Serbia in 2022:
- Turkey (475.6 tons)
- Greece (133.8 tons)
- Italy (55.4 tons)
- Germany (26.7 tons)
- China (17.6 tons)
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