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

Contents:

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

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

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $10,395 per ton in 2022, with an increase of 2.3% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; copper-tin base alloys (bronze) unwroughts increased by +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 71% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($10,785 per ton), while the average price for exports to Australia ($10,101 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 the UK (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $1,929 per ton in 2022, waning by -68.4% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 59%. The import price peaked at $8,836 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($34,143 per ton), while the price for Australia ($1,315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from New Zealand skyrocketed to 529 tons, surging by 19% against 2021 figures. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports of reached the peak figure 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 $5.5M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 92%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia57.9162737947153.8%
Thailand77.9325503944129.7%
China49042687486120.7%
Germany188N/AN/AN/A0%
United Kingdom76.8N/AN/AN/A0%
IndonesiaN/A271N/AN/A0%
Others8911,1842,4232,75245.6%
Total1,7812,3684,5385,50445.7%

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

  1. Australia (93.8 tons)
  2. Thailand (91.2 tons)
  3. China (79.8 tons)

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

In 2022, supplies from abroad of copper; copper-tin base alloys (bronze) unwroughts decreased by -61.9% to 30 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 95% against the previous year. As a result, imports attained the peak of 111 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts contracted remarkably to $57K in 2022. In general, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 45%.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia22.247.218.318.9-5.2%
GermanyN/AN/AN/A6.60%
United Kingdom49.0118N/A3.1-60.2%
Spain66.025.0N/AN/A-62.1%
ItalyN/AN/A207N/A0%
Others15723625028.6-43.3%
Total29442647557.3-42.0%

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

  1. Australia (14.4 tons)
  2. Germany (0.4 tons)
  3. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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