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

Contents:

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

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

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $13,132 per ton in 2022, dropping by -9.6% against the previous year. Over the period under review, the import price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 105%. As a result, import price attained the peak level of $22,830 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($16,557 per ton) and Germany ($14,791 per ton), while the price for Spain ($11,410 per ton) and China ($13,349 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+2.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $15,871 per ton, jumping by 29% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($57,709 per ton), while the average price for exports to Bosnia and Herzegovina ($13,951 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 Romania (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 41 tons of copper; copper-tin base alloys (bronze) unwroughts were imported into Serbia; declining by -33% on 2021 figures. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 441%. As a result, imports attained the peak of 61 tons, and then contracted remarkably in the following year.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts reduced markedly to $533K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 713% against the previous year. As a result, imports attained the peak of $880K, and then shrank markedly in the following year.

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

1. Spain (11.6 tons)
2. Germany (5.3 tons)
3. Italy (2.7 tons)
4. China (0.5 tons)

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

Exports of copper; copper-tin base alloys (bronze) unwroughts from Serbia contracted dramatically to 8.4 tons in 2022, shrinking by -36.2% on the previous year. In general, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, the exports attained the peak of 13 tons, and then shrank notably in the following year.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts contracted markedly to $133K in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 110% against the previous year. As a result, the exports reached the peak of $162K, and then contracted markedly in the following year.

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

1. Bosnia and Herzegovina (3.4 tons)
2. Romania (0.5 tons)
3. Russia (0.2 tons)
4. Montenegro (0.1 tons)

Source: IndexBox Market Intelligence Platform