Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (FOB) - 2022
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (CIF) - 2022
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,450 per ton, picking up by 5.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 41% against the previous year. The export price peaked at $12,297 per ton in 2019; however, from 2020 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.4% per year.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (CIF) - 2022
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $860 per ton in 2022, dropping by -84% against the previous year. Overall, the import price saw a precipitous slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12%. The import price peaked at $9,322 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the United States ($23,244 per ton), while the price for Madagascar totaled $414 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR
In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from Hong Kong SAR shrank sharply to 22 tons, declining by -72.4% on the previous year's figure. In general, exports recorded a precipitous decrease. The smallest decline of -21% was in 2020.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts reduced notably to $230K in 2022. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -39.7% was in 2021.
Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,139 | 653 | 393 | 114 | -53.6% |
Others | 1,139 | 653 | 393 | 116 | -53.3% |
Total | 2,279 | 1,305 | 787 | 230 | -53.4% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Hong Kong SAR in 2022:
- China (11.0 tons)
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR
In 2022, approx. 207 tons of copper; copper-tin base alloys (bronze) unwroughts were imported into Hong Kong SAR; waning by -70.5% compared with the previous year. In general, imports recorded a precipitous shrinkage. The smallest decline of -19.9% was in 2021.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts contracted rapidly to $178K in 2022. Overall, imports showed a significant decline. The smallest decline of -11.8% was in 2021.
Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Madagascar | 64.6 | N/A | 104 | 84.5 | 9.4% |
Ecuador | 1,321 | 333 | 132 | N/A | -68.4% |
Colombia | 628 | 206 | N/A | N/A | -67.2% |
Guatemala | 10.9 | 4.0 | N/A | N/A | -63.3% |
Costa Rica | N/A | N/A | 2,429 | N/A | 0% |
Indonesia | 3,271 | 2,351 | 451 | N/A | -62.9% |
Brazil | N/A | 836 | N/A | N/A | 0% |
Others | 725 | 544 | 654 | 93.6 | -49.5% |
Total | 6,021 | 4,275 | 3,770 | 178 | -69.1% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Hong Kong SAR in 2022:
- Madagascar (204.0 tons)
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