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

Contents:

  1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain (FOB) - 2024
  2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain (CIF) - 2024
  3. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain
  4. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain

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

In March 2024, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,741 per ton, declining by -2.4% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average export price increased by 6.9% m-o-m. The export price peaked at $11,260 per ton in July 2023; however, from August 2023 to March 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was France ($13,539 per ton), while the average price for exports to Poland ($8,439 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In March 2024, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $9,321 per ton, with a decrease of -2.3% against the previous month. Overall, the import price continues to indicate a slight decline. The growth pace was the most rapid in August 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices attained the peak figure at $12,226 per ton in October 2023; however, from November 2023 to March 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2024, the highest price was recorded for prices from Germany ($10,795 per ton) and Poland ($10,607 per ton), while the price for Portugal ($8,257 per ton) and Italy ($8,321 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from Spain was estimated at 11K tons, increasing by 10% against the year before. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 44%.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts surged to $125M in 2022. Overall, exports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 89%.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.79.021.331.753.9%
France9.37.914.914.917.0%
Italy7.25.510.112.720.8%
Portugal1.91.26.89.772.2%
United Kingdom6.85.76.39.09.8%
United States1.41.32.86.667.7%
Sweden3.22.93.34.713.7%
Mexico3.12.83.54.513.2%
LatviaN/AN/A3.52.7-22.9%
Netherlands2.01.12.62.00.0%
India3.01.50.41.5-20.6%
Indonesia1.31.41.90.5-27.3%
Others81.713.023.524.0-33.5%
Total13053.3101125-1.3%

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

  1. Germany (3106.4 tons)
  2. France (1173.1 tons)
  3. Portugal (1065.2 tons)
  4. Italy (1042.4 tons)
  5. United Kingdom (838.6 tons)
  6. United States (595.6 tons)
  7. Sweden (457.4 tons)
  8. Mexico (418.0 tons)
  9. Latvia (305.6 tons)
  10. Netherlands (171.9 tons)
  11. India (96.6 tons)
  12. Indonesia (50.5 tons)

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

In 2022, after two years of decline, there was growth in supplies from abroad of copper; copper-tin base alloys (bronze) unwroughts, when their volume increased by 2% to 355 tons. Overall, imports, however, saw a dramatic curtailment.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts reached $3.9M in 2022. In general, imports, however, continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0591,3741,7762,55034.0%
Portugal1,126784728414-28.4%
Poland392186241333-5.3%
Italy320149284309-1.2%
Turkey824273318132-45.7%
France19.025.816.970.354.7%
Others4,10048.710259.2-75.6%
Total7,8402,8403,4663,867-21.0%

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

  1. Germany (227.2 tons)
  2. Portugal (49.3 tons)
  3. Poland (37.6 tons)
  4. Italy (19.2 tons)
  5. Turkey (11.2 tons)
  6. France (7.4 tons)

Source: IndexBox Market Intelligence Platform

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