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

Contents:

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

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

In 2022, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,140 per ton, growing by 16% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; copper-tin base alloys (bronze) unwroughts increased by +58.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Japan ($14,687 per ton), while the price for South Korea ($2,834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In March 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $8,982 per ton, remaining constant against the previous month. Over the period under review, the export price, however, recorded a tangible expansion. The pace of growth was the most pronounced in November 2021 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices hit record highs at $9,003 per ton in February 2022, and then shrank in the following month.

As there is only one major export destination, the average price level is determined by prices for China.

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +2.1% per month.

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

Imports of copper; copper-tin base alloys (bronze) unwroughts into Indonesia reduced slightly to 2.7K tons in 2022, which is down by -4% against the year before. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of 2.9K tons, and then contracted modestly in the following year.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts rose markedly to $28M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 97% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Taiwan (Chinese) (492.0 tons)
2. Spain (75.1 tons)
3. South Africa (35.7 tons)
4. New Zealand (34.3 tons)
5. United States (19.8 tons)
6. South Korea (11.7 tons)
7. Japan (5.9 tons)

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

In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from Indonesia was estimated at 2.9K tons, rising by 6.8% on the previous year. The total export volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts surged to $25M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (1295.3 tons)
2. Hong Kong SAR (324.1 tons)

Source: IndexBox Market Intelligence Platform