Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (CIF) - 2024
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (FOB) - 2022
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (CIF) - 2024
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,817 per ton in March 2024, reducing by -33.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 57% m-o-m. As a result, import price reached the peak level of $14,766 per ton, and then reduced dramatically in the following month.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was Spain ($10,512 per ton), while the price for Japan ($8,283 per ton) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Japan (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (FOB) - 2022
The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,386 per ton in 2022, growing by 28% against the previous year. In general, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72% against the previous year. The export price peaked at $19,547 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -2.2% per year.
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia
In 2022, the amount of copper; copper-tin base alloys (bronze) unwroughts imported into Australia contracted markedly to 904 tons, waning by -44% on 2021 figures. Over the period under review, imports continue to indicate a significant decrease. The smallest decline of -8.5% was in 2020.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts fell sharply to $9.3M in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $16M, and then dropped markedly in the following year.
Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 5.4 | 4.9 | 5.9 | 3.2 | -16.0% |
Spain | 0.6 | 0.7 | 1.1 | 0.9 | 14.5% |
Japan | 0.7 | 0.7 | 0.7 | 0.4 | -17.0% |
United States | 0.5 | 0.6 | 0.1 | 0.2 | -26.3% |
Others | 7.5 | 6.9 | 8.3 | 4.7 | -14.4% |
Total | 14.7 | 13.8 | 16.2 | 9.3 | -14.2% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Australia in 2022:
- New Zealand (304.5 tons)
- Spain (69.7 tons)
- Japan (43.4 tons)
- United States (28.8 tons)
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia
In 2022, shipments abroad of copper; copper-tin base alloys (bronze) unwroughts was finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous shrinkage.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $160K in 2022. Overall, exports, however, recorded a significant decrease.
Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 83.5 | 144 | 17.5 | 78.5 | -2.0% |
China | 81.6 | 48.3 | N/A | N/A | -40.8% |
India | 29.3 | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | 11.0 | N/A | 0% |
Others | 194 | 210 | 28.6 | 81.4 | -25.1% |
Total | 389 | 402 | 57.1 | 160 | -25.6% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Australia in 2022:
- New Zealand (8.4 tons)
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Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>