Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (FOB) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (CIF) - 2022
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $7,382 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +13.3% per year.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $38,399 per ton, with an increase of 59% against the previous year. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 111% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Mexico ($82,133 per ton), while the price for Chile ($25,598 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+34.0%), 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 Venezuela
Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Venezuela expanded slightly to 27 tons in 2022, increasing by 3.9% compared with the previous year's figure. Over the period under review, exports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 97%.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $199K in 2022. Overall, exports, however, faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 847 | 83.4 | 165 | 199 | -38.3% |
| Others | 1.9 | N/A | N/A | N/A | 0% |
| Total | 849 | 83.4 | 165 | 199 | -38.3% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Venezuela in 2022:
- Chile (27.0 tons)
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela
For the third consecutive year, Venezuela recorded decline in overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, which decreased by -33.2% to 644 kg in 2022. Overall, imports showed a sharp decline.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s expanded remarkably to $25K in 2022. Over the period under review, imports showed a slight descent.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 11.8 | 11.3 | 10.1 | 10.4 | -4.1% |
| Mexico | 7.5 | 7.0 | 6.1 | 6.2 | -6.1% |
| Panama | 3.0 | 3.6 | 3.9 | 5.0 | 18.6% |
| United States | 0.7 | 0.7 | 0.6 | 0.6 | -5.0% |
| Colombia | N/A | N/A | 0.4 | 0.4 | 0.0% |
| China | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 2.5 | 1.5 | 1.8 | 1.9 | -8.7% |
| Total | 25.7 | 24.5 | 23.3 | 24.7 | -1.3% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Venezuela in 2022:
- Chile (405.0 kg)
- Panama (115.0 kg)
- Mexico (75.0 kg)
- Colombia (14.0 kg)
- China (10.0 kg)
- United States (7.0 kg)
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