Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (FOB) - 2024
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (CIF) - 2022
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (FOB) - 2024
The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $8,128 per ton in March 2024, with an increase of 2.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2023 an increase of 6% against the previous month. Over the period under review, the average export prices attained the peak figure at $8,264 per ton in April 2023; however, from May 2023 to March 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In March 2024, the highest price was recorded for prices to Australia ($8,983 per ton) and Vietnam ($8,513 per ton), while the average price for exports to China ($7,736 per ton) and Thailand ($8,466 per ton) were amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (CIF) - 2022
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,187 per ton in 2022, picking up by 29% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +65.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($9,342 per ton), while the price for India ($8,577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan
In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from Japan shrank modestly to 20K tons, reducing by -2% against 2021. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports attained the peak of 20K tons, and then dropped in the following year.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts expanded modestly to $163M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 160%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.0 | 19.8 | 50.8 | 54.3 | 24.7% |
Thailand | 4.4 | 3.7 | 21.0 | 17.1 | 57.2% |
Taiwan (Chinese) | 4.4 | 5.5 | 2.7 | 5.1 | 5.0% |
Vietnam | 1.3 | 0.7 | 2.3 | 2.3 | 20.9% |
Australia | 0.7 | 0.5 | 1.2 | 1.4 | 26.0% |
Others | 39.8 | 31.5 | 82.2 | 83.0 | 27.8% |
Total | 78.5 | 61.8 | 160 | 163 | 27.6% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Japan in 2022:
- China (6.7K tons)
- Thailand (2.0K tons)
- Taiwan (Chinese) (0.6K tons)
- Vietnam (0.3K tons)
- Australia (0.2K tons)
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan
In 2022, purchases abroad of copper; copper-tin base alloys (bronze) unwroughts increased by 287% to 336 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $3.1M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 615 | 455 | N/A | 1,114 | 21.9% |
India | N/A | 99.7 | 278 | 333 | 82.8% |
Spain | N/A | 3.2 | 32.5 | 73.1 | 378.0% |
Others | 631 | 558 | 310 | 1,569 | 35.5% |
Total | 1,246 | 1,116 | 620 | 3,089 | 35.3% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Japan in 2022:
- South Korea (119.3 tons)
- India (38.8 tons)
- Spain (8.1 tons)
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Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
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