Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (CIF) - 2024
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (FOB) - 2022
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (CIF) - 2024
In April 2024, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $8,142 per ton, surging by 8.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 10% m-o-m. The import price peaked at $8,190 per ton in August 2023; however, from September 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($18,058 per ton), while the price for Brazil ($7,012 per ton) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (FOB) - 2022
In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $7,870 per ton, rising by 4.8% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 798% against the previous year. As a result, the export price reached the peak level of $140,523 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($41,500 per ton), while the average price for exports to Japan ($3,286 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 the United States (+453.0%).
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China
Imports of copper; copper-tin base alloys (bronze) unwroughts into China declined to 12K tons in 2022, falling by -13.1% compared with 2021 figures. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts declined modestly to $105M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +92.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 98%. As a result, imports attained the peak of $108M, and then reduced slightly in the following year.
Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 24.7 | 22.5 | 43.2 | 45.9 | 22.9% |
India | 0.2 | 5.0 | 17.0 | 17.0 | 339.7% |
South Korea | 9.3 | 10.6 | 16.3 | 16.6 | 21.3% |
Brazil | 2.7 | 5.5 | 7.0 | 9.6 | 52.6% |
United States | 0.2 | 1.1 | 14.7 | 4.6 | 184.4% |
Italy | 1.5 | 2.2 | 3.0 | 3.7 | 35.1% |
Taiwan (Chinese) | 1.9 | 1.3 | 1.1 | 1.8 | -1.8% |
Others | 46.2 | 6.8 | 6.2 | 6.0 | -49.4% |
Total | 86.8 | 54.8 | 108 | 105 | 6.6% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to China in 2022:
- Japan (5.4K tons)
- India (2.1K tons)
- South Korea (1.7K tons)
- Brazil (1.2K tons)
- United States (0.5K tons)
- Italy (0.3K tons)
- Taiwan (Chinese) (0.2K tons)
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China
In 2022, after three years of growth, there was significant decline in overseas shipments of copper; copper-tin base alloys (bronze) unwroughts, when their volume decreased by -99.3% to 77 kg. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 27,369%. As a result, the exports reached the peak of 12 tons, and then dropped significantly in the following year.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts shrank notably to $606 in 2022. Overall, exports recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 68,675% against the previous year. As a result, the exports attained the peak of $87K, and then plummeted in the following year.
Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | N/A | 0.3 | 0% |
Japan | N/A | N/A | N/A | 0.2 | 0% |
United States | N/A | N/A | 10.5 | 0.1 | -99.0% |
Malaysia | N/A | N/A | N/A | 0.1 | 0% |
Thailand | N/A | N/A | 76.1 | N/A | 0% |
Others | 4.0 | 0.1 | 0.1 | N/A | -84.2% |
Total | 4.0 | 0.1 | 86.7 | 0.6 | -46.9% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from China in 2022:
- Japan (49.0 kg)
- France (18.0 kg)
- Malaysia (7.0 kg)
- United States (2.0 kg)
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In value terms, refined copper imports dropped to $2.2B in February 2023
In September 2022, the refined copper price stood at $7,983 per ton (CIF, China), flattening at the previous month.
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>
In value terms, refined copper imports dropped to $2.2B in February 2023
In September 2022, the refined copper price stood at $7,983 per ton (CIF, China), flattening at the previous month.
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>