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

Contents:

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

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

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $4,473 per ton, shrinking by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $4,801 per ton, and then contracted in the following year.

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 Japan ($6,689 per ton), while the price for Morocco ($4,254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), 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 Tunisia (FOB) - 2022

In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $5,873 per ton, with an increase of 8.6% against the previous year. Overall, export price indicated pronounced 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 +77.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6,127 per ton), while the average price for exports to France ($4,500 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 Italy (+3.0%), 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 Tunisia

In 2022, overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -7.3% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 4.9K tons, and then shrank in the following year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s declined to $20M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $23M, and then fell in the following year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Tunisia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.38.87.79.810.3%
France4.22.67.35.811.4%
Spain1.42.86.22.927.5%
MoroccoN/AN/AN/A0.70%
Japan0.10.10.40.681.7%
Others0.60.71.90.5-5.9%
Total13.714.923.520.314.0%

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

  1. Italy (2260.5 tons)
  2. France (1252.1 tons)
  3. Spain (667.6 tons)
  4. Morocco (166.4 tons)
  5. Japan (84.4 tons)

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

For the third year in a row, Tunisia recorded decline in shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, which decreased by -7.4% to 221 tons in 2022. Overall, exports saw a deep downturn.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s totaled $1.3M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 0.5% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2431207991,05062.9%
France1,019960428170-44.9%
Switzerland13.440.056.470.974.3%
Others2.81637.06.532.4%
Total1,2771,2841,2911,2970.5%

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

  1. Italy (171.4 tons)
  2. France (37.7 tons)
  3. Switzerland (11.6 tons)

Source: IndexBox Market Intelligence Platform

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