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

Contents:

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

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

In 2022, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $16,456 per ton, with a decrease of -6.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum at $23,821 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($32,714 per ton), while the price for the United Arab Emirates ($10,156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $5,344 per ton in 2022, rising by 5.6% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2013 an increase of 7.2% against the previous year. Over the period under review, the average export prices attained the maximum at $8,377 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($6,167 per ton), while the average price for exports to Azerbaijan ($5,293 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+14.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 5.3 tons of copper; copper-tin base alloys (bronze) unwroughts were imported into Iran; which is down by -68.1% against the previous year's figure. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 7,880% against the previous year. As a result, imports attained the peak of 17 tons, and then dropped markedly in the following year.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts contracted significantly to $87K in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 7,915%. As a result, imports reached the peak of $291K, and then shrank rapidly in the following year.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.287.931.7206.6%
United Arab Emirates3.21.888.131.4114.1%
Italy0.60.311.119.6219.7%
France0.30.28.73.1117.8%
Turkey0.10.13.41.2128.9%
Others4.40.192.10.3-59.1%
Total9.93.629187.2106.5%

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

  1. United Arab Emirates (3088.0 kg)
  2. China (1123.0 kg)
  3. Italy (745.0 kg)
  4. France (173.0 kg)
  5. Turkey (120.0 kg)

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

Exports of copper; copper-tin base alloys (bronze) unwroughts from Iran soared to 4 tons in 2022, rising by 32% on 2021. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $21K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.44.52.55.79.0%
Azerbaijan0.12.64.84.9265.9%
Georgia0.10.10.50.681.7%
Russia0.81.5N/AN/A87.5%
Others5.44.17.310.022.8%
Total10.812.815.221.225.2%

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

  1. Turkey (1077.0 kg)
  2. Azerbaijan (923.0 kg)
  3. Georgia (90.0 kg)

Source: IndexBox Market Intelligence Platform

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