Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden (FOB) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden (CIF) - 2023
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden (FOB) - 2023
In November 2023, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $3,852 per ton, picking up by 84% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,212 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($7,880 per ton), while the average price for exports to the UK ($579 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 Turkey (+20.0%), 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 Sweden (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,197 per ton in November 2023, rising by 23% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($9,139 per ton), while the price for India amounted to $3,283 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden
For the fourth year in a row, Sweden recorded growth in overseas shipments of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, which increased by 13% to 12K tons in 2022. The total export volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 rose remarkably to $46M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of reached the maximum 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 Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 12.4 | 11.8 | 17.8 | 20.7 | 18.6% |
Netherlands | N/A | 2.3 | 5.8 | 6.4 | 66.8% |
Germany | 8.0 | 5.0 | 2.3 | 4.8 | -15.7% |
Finland | 1.3 | 1.1 | 1.5 | 3.8 | 43.0% |
Estonia | 2.8 | 2.1 | 3.7 | 3.0 | 2.3% |
Norway | 0.6 | 1.3 | 4.7 | 2.9 | 69.1% |
United Kingdom | 1.6 | 1.9 | 2.6 | 2.5 | 16.0% |
France | N/A | N/A | 0.6 | 0.4 | -33.3% |
Others | 1.3 | 1.8 | 1.2 | 1.3 | 0.0% |
Total | 28.0 | 27.4 | 40.2 | 46.0 | 18.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Sweden in 2022:
- Denmark (4.1K tons)
- Germany (3.0K tons)
- Norway (1.1K tons)
- Netherlands (1.0K tons)
- Finland (1.0K tons)
- France (0.7K tons)
- United Kingdom (0.7K tons)
- Estonia (0.4K tons)
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Sweden amounted to 5K tons, remaining stable against the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell slightly to $36M in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of $37M, and then fell slightly in the following year.
Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.2 | 8.9 | 21.3 | 13.7 | 18.7% |
Italy | 2.0 | 1.4 | 4.2 | 13.5 | 89.0% |
Denmark | 5.5 | 4.3 | 6.9 | 5.1 | -2.5% |
Turkey | 1.3 | 0.4 | 1.3 | 2.0 | 15.4% |
Russia | 0.6 | 0.4 | 1.1 | 0.2 | -30.7% |
France | 2.5 | 0.7 | 0.1 | N/A | -80.0% |
Others | 1.2 | 1.1 | 1.5 | 1.4 | 5.3% |
Total | 21.3 | 17.2 | 36.5 | 36.1 | 19.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Sweden in 2022:
- Italy (2129.4 tons)
- Germany (1924.3 tons)
- Denmark (609.8 tons)
- Turkey (217.5 tons)
- Russia (32.0 tons)
- France (1.9 tons)
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