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

Contents:

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

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

In 2022, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $13,732 per ton, surging by 26% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $13,800 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($523,000 per ton), while the price for China ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $3,940 per ton in 2022, which is down by -41% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 22%. Over the period under review, the average export prices hit record highs at $7,281 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($26,000 per ton), while the average price for exports to India totaled $3,909 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+13.2%).

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

In 2022, the amount of copper; copper-tin base alloys (bronze) unwroughts imported into Sri Lanka surged to 771 kg, growing by 16% on the year before. In general, imports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts surged to $11K in 2022. Over the period under review, imports, however, recorded a significant contraction.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain18.44.24.67.0-27.5%
Italy3.20.20.11.0-32.1%
Germany3.70.20.11.0-35.3%
Singapore1.80.10.10.7-27.0%
India3.50.1N/A0.2-61.5%
Others6.60.12.30.6-55.0%
Total37.25.07.210.6-34.2%

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

  1. Spain (690.0 kg)
  2. Germany (45.0 kg)
  3. Singapore (16.0 kg)
  4. India (8.0 kg)
  5. Italy (2.0 kg)

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

For the third consecutive year, Sri Lanka recorded decline in shipments abroad of copper; copper-tin base alloys (bronze) unwroughts, which decreased by -63.7% to 701 kg in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -39% was in 2021.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts declined notably to $2.8K in 2022. Over the period under review, exports recorded a dramatic decline. The smallest decline of -44% was in 2021.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.422.412.71.4-25.6%
Spain21.3N/AN/AN/A0%
Others21.40.70.21.4-59.7%
Total46.123.112.92.8-60.7%

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

  1. India (350.0 kg)

Source: IndexBox Market Intelligence Platform

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