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

Contents:

  1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India (FOB) - 2024
  2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India (CIF) - 2022
  3. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India
  4. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India

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

In November 2023, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $8,627 per ton, rising by 9.9% against the previous month. In general, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 21% month-to-month. As a result, the export price reached the peak level of $13,015 per ton. From September 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($23,335 per ton), while the average price for exports to China ($6,722 per ton) was amongst the lowest.

From March 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (0.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India (CIF) - 2022

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $18,256 per ton in 2022, falling by -60.1% against the previous year. Overall, the import price, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 110%. As a result, import price attained the peak level of $45,797 per ton, and then contracted rapidly in the following year.

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 ($37,606 per ton), while the price for China ($8,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, India recorded growth in shipments abroad of copper; copper-tin base alloys (bronze) unwroughts, which increased by 2.1% to 5.8K tons in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 109%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts rose significantly to $46M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 130%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.46.317.217.4251.7%
BelgiumN/AN/A0.51.4180.0%
JapanN/A0.10.30.6144.9%
Thailand2.51.10.80.6-37.9%
Germany0.1N/AN/A0.571.0%
NetherlandsN/A0.10.40.4100.0%
Taiwan (Chinese)0.50.30.1N/A-55.3%
Others6.110.021.824.659.2%
Total9.617.941.245.768.2%

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

  1. China (2397.5 tons)
  2. Belgium (138.8 tons)
  3. Thailand (79.7 tons)
  4. Japan (78.7 tons)
  5. Netherlands (49.7 tons)
  6. Germany (45.6 tons)

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

In 2022, supplies from abroad of copper; copper-tin base alloys (bronze) unwroughts was finally on the rise to reach 189 tons after two years of decline. Over the period under review, imports, however, saw a significant decrease.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts shrank to $3.5M in 2022. Overall, imports, however, recorded a precipitous curtailment.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,9762,1335211,113-28.0%
United States269244332212-7.6%
Italy311275568189-15.3%
China11.718713040.651.4%
South Korea6.125078.831.973.6%
Others3,9033,3342,0211,867-21.8%
Total7,4766,4243,6513,453-22.7%

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

  1. Spain (72.9 tons)
  2. United States (5.6 tons)
  3. Italy (5.5 tons)
  4. China (4.6 tons)
  5. South Korea (1.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; copper-tin base alloys (bronze) unwrought - India