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

Contents:

  1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand (CIF) - 2024
  2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand (FOB) - 2022
  3. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand
  4. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand

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

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $9,066 per ton in March 2024, shrinking by -2% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 7.4% m-o-m. As a result, import price reached the peak level of $9,249 per ton, and then shrank in the following month.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was South Korea ($10,012 per ton), while the price for Japan ($8,293 per ton) was amongst the lowest.

From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United States (+72.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $4,877 per ton, with a decrease of -70.4% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 1,111% against the previous year. As a result, the export price attained the peak level of $74,324 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($33,000 per ton), while the average price for exports to China stood at $4,761 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of copper; copper-tin base alloys (bronze) unwroughts into Thailand shrank to 3.1K tons, with a decrease of -13.3% on the previous year's figure. In general, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts amounted to $31M in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 103%.

Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.96.122.621.152.9%
South Korea11.06.86.17.5-12.0%
Spain0.60.30.60.810.1%
India2.40.80.60.5-40.7%
Taiwan (Chinese)0.70.40.50.2-34.1%
Others22.90.70.20.6-70.3%
Total43.715.130.630.7-11.1%

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

  1. Japan (2134.4 tons)
  2. South Korea (753.5 tons)
  3. Spain (69.6 tons)
  4. India (58.6 tons)
  5. Taiwan (Chinese) (20.7 tons)

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

After two years of decline, overseas shipments of copper; copper-tin base alloys (bronze) unwroughts increased by 1,707% to 55 tons in 2022. In general, exports, however, saw a dramatic downturn.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $268K in 2022. Over the period under review, exports, however, faced a dramatic descent.

Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China366733N/A260-10.8%
United Arab Emirates29.9N/AN/AN/A0%
Others4374.950.28.5-73.1%
Total83273850.2268-31.5%

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

  1. China (54.6 tons)

Source: IndexBox Market Intelligence Platform

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