Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary - 2024

Contents:

1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary (CIF) - 2023
2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary (FOB) - 2022
3. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary
4. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary (CIF) - 2023

In December 2023, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $15,646 per ton, surging by 17% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in February 2023 an increase of 49% against the previous month. As a result, import price attained the peak level of $18,921 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($86,782 per ton), while the price for Italy amounted to $13,254 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary (FOB) - 2022

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,701 per ton in 2022, falling by -78.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 154%. The export price peaked at $45,315 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($19,262 per ton), while the average price for exports to Slovenia amounted to $9,273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary

In 2022, after three years of growth, there was decline in overseas purchases of copper; copper-tin base alloys (bronze) unwroughts, when their volume decreased by -4.2% to 168 tons. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of 176 tons, and then shrank modestly in the following year.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts expanded remarkably to $1.9M in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Hungary in 2022:

1. Italy (120.1 tons)
2. Germany (46.3 tons)

Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Hungary

After two years of decline, overseas shipments of copper; copper-tin base alloys (bronze) unwroughts increased by 401% to 4.9 tons in 2022. Overall, exports, however, continue to indicate a drastic downturn.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts rose remarkably to $47K in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.

Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Hungary in 2022:

1. Slovenia (4.7 tons)
2. China (0.2 tons)

Source: IndexBox Market Intelligence Platform