Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (FOB) - 2024
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (CIF) - 2024
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (FOB) - 2024
In March 2024, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,051 per ton, picking up by 1.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 9.8% against the previous month. As a result, the export price attained the peak level of $11,213 per ton. From December 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In March 2024, the country with the highest price was the UK ($13,177 per ton), while the average price for exports to Switzerland totaled $9,425 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (CIF) - 2024
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,320 per ton in March 2024, shrinking by -26.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 44% against the previous month. As a result, import price reached the peak level of $12,627 per ton, and then dropped rapidly in the following month.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was China ($12,389 per ton), while the price for Turkey ($8,900 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany
In 2022, the amount of copper; copper-tin base alloys (bronze) unwroughts exported from Germany contracted to 8.9K tons, dropping by -10.7% compared with the year before. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts rose significantly to $89M in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year.
| Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 9.6 | 12.5 | 24.3 | 17.8 | 22.9% |
| Switzerland | 13.7 | 12.8 | 16.8 | 15.5 | 4.2% |
| Austria | 1.8 | 1.7 | 2.2 | 10.8 | 81.7% |
| Italy | 9.3 | 6.8 | 7.8 | 10.6 | 4.5% |
| Netherlands | 5.5 | 5.1 | 6.3 | 7.8 | 12.4% |
| Sweden | 3.9 | 2.9 | 4.3 | 5.8 | 14.1% |
| France | 4.7 | 3.4 | 5.0 | 4.6 | -0.7% |
| Denmark | 2.0 | 1.8 | 2.7 | 3.8 | 23.9% |
| United Kingdom | 2.6 | 1.9 | 2.7 | 2.4 | -2.6% |
| Spain | 1.1 | 1.5 | 1.5 | 1.6 | 13.3% |
| Slovenia | 1.4 | 2.1 | 1.3 | 1.5 | 2.3% |
| Others | 71.0 | 5.5 | 8.4 | 7.0 | -53.8% |
| Total | 126 | 58.0 | 83.3 | 89.1 | -10.9% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Germany in 2022:
- Poland (2264.8 tons)
- Switzerland (1492.2 tons)
- Italy (1095.6 tons)
- Austria (1077.6 tons)
- Netherlands (695.6 tons)
- Sweden (466.0 tons)
- France (384.6 tons)
- Denmark (315.4 tons)
- Slovenia (261.0 tons)
- United Kingdom (177.2 tons)
- Spain (149.8 tons)
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany
For the third consecutive year, Germany recorded decline in overseas purchases of copper; copper-tin base alloys (bronze) unwroughts, which decreased by -9% to 6.8K tons in 2022. Over the period under review, imports faced a significant contraction.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts expanded sharply to $67M in 2022. Overall, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.
| Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.7 | 8.0 | 12.6 | 16.3 | 18.9% |
| Poland | 10.0 | 12.2 | 16.1 | 13.4 | 10.2% |
| Spain | 11.6 | 6.2 | 12.1 | 12.9 | 3.6% |
| Portugal | 2.3 | 1.7 | 8.4 | 8.6 | 55.2% |
| Netherlands | 0.2 | 2.9 | 5.2 | 6.2 | 214.1% |
| South Africa | 0.7 | 0.7 | 1.7 | 2.4 | 50.8% |
| United Kingdom | 17.0 | 20.0 | 1.0 | 1.2 | -58.7% |
| Kazakhstan | 6.4 | 0.7 | N/A | N/A | -89.1% |
| Others | 72.8 | 4.5 | 6.6 | 5.9 | -56.7% |
| Total | 131 | 57.0 | 63.5 | 67.0 | -20.0% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Germany in 2022:
- Italy (1622.6 tons)
- Poland (1616.8 tons)
- Spain (1261.4 tons)
- Netherlands (724.3 tons)
- Portugal (718.7 tons)
- South Africa (252.6 tons)
- United Kingdom (98.1 tons)
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