Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States - 2024
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (FOB) - 2024
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (CIF) - 2024
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (FOB) - 2024
The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $6,895 per ton in April 2024, rising by 2.1% against the previous month. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in November 2023 an increase of 136% m-o-m. Over the period under review, the average export prices attained the maximum at $25,217 per ton in December 2023; however, from January 2024 to April 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($9,549 per ton), while the average price for exports to Canada stood at $2,846 per ton.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (CIF) - 2024
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $12,324 per ton in April 2024, falling by -18.7% against the previous month. Overall, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in June 2023 an increase of 30% m-o-m. The import price peaked at $20,789 per ton in September 2023; however, from October 2023 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was India ($23,315 per ton), while the price for Canada ($8,382 per ton) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States
In 2022, approx. 4.8K tons of copper; copper-tin base alloys (bronze) unwroughts were exported from the United States; which is down by -19.5% against 2021 figures. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 86%. As a result, the exports attained the peak of 5.9K tons, and then dropped markedly in the following year.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts declined to $26M in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 80%.
| Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.5 | 4.1 | 6.4 | 9.5 | 39.5% |
| Canada | 6.8 | 6.9 | 11.3 | 8.6 | 8.1% |
| China | 0.2 | 1.9 | 6.8 | 2.3 | 125.7% |
| Australia | 1.7 | 0.8 | 0.9 | 1.2 | -11.0% |
| Belgium | 0.7 | 0.3 | 1.0 | 0.3 | -24.6% |
| Others | 17.6 | 2.2 | 2.7 | 4.0 | -39.0% |
| Total | 30.4 | 16.2 | 29.2 | 26.0 | -5.1% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from the United States in 2022:
- Canada (3111.0 tons)
- Mexico (907.5 tons)
- China (208.1 tons)
- Australia (139.0 tons)
- Belgium (62.0 tons)
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States
In 2022, overseas purchases of copper; copper-tin base alloys (bronze) unwroughts were finally on the rise to reach 831 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a drastic downturn.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts surged to $9.2M in 2022. Overall, imports, however, continue to indicate a abrupt decline.
| Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,390 | 1,787 | 1,470 | 3,931 | 41.4% |
| Spain | 1,367 | 844 | 1,727 | 2,931 | 28.9% |
| India | 17.5 | N/A | 120 | 490 | 203.7% |
| China | 694 | 301 | 262 | 466 | -12.4% |
| Vietnam | N/A | N/A | 130 | 458 | 252.3% |
| United Kingdom | 41.6 | 12.9 | 25.4 | 414 | 115.1% |
| Mexico | 146 | 46.4 | 170 | 81.4 | -17.7% |
| Taiwan (Chinese) | 989 | N/A | 18.1 | N/A | -86.5% |
| Israel | 1,214 | 2,256 | 824 | N/A | -17.6% |
| Others | 6,443 | 180 | 352 | 390 | -60.7% |
| Total | 12,303 | 5,427 | 5,098 | 9,162 | -9.4% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to the United States in 2022:
- Canada (410.2 tons)
- Spain (264.7 tons)
- Vietnam (50.1 tons)
- China (34.6 tons)
- India (21.4 tons)
- United Kingdom (21.2 tons)
- Mexico (6.8 tons)
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