Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina - 2023
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (CIF) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (FOB) - 2022
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (CIF) - 2022
The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $7,500 per ton in 2022, surging by 6.5% against the previous year. Overall, the import price continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 184%. As a result, import price attained the peak level of $23,771 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($7,666 per ton), while the price for Italy totaled $6,763 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.4%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (FOB) - 2022
The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $4,043 per ton in 2022, with an increase of 2.8% against the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 129% against the previous year. As a result, the export price attained the peak level of $13,540 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,083 per ton), while the average price for exports to Sweden amounted to $2,302 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+396.0%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina
In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts imported into Argentina surged to 1.8K tons, jumping by 22% on 2021 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 31,375% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts surged to $14M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 6,717%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | N/A | 1.1 | 4.2 | 5.7 | 127.6% |
Italy | N/A | 0.8 | 1.1 | 1.1 | 17.3% |
Brazil | N/A | 0.2 | N/A | N/A | 0% |
Others | N/A | 2.2 | 5.3 | 6.9 | 77.1% |
Total | 0.1 | 4.3 | 10.6 | 13.7 | 415.5% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Argentina in 2022:
- Chile (747.3 tons)
- Italy (168.5 tons)
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina
For the third consecutive year, Argentina recorded decline in overseas shipments of copper; copper-zinc base alloys (brass) unwroughts, which decreased by -50.2% to 1.9 tons in 2022. Overall, exports faced a precipitous decrease.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts dropped markedly to $7.6K in 2022. Over the period under review, exports recorded a sharp setback.
Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 6.2 | N/A | 10.0 | 7.5 | 6.6% |
Sweden | N/A | 0.1 | N/A | 0.1 | 0.0% |
China | 214 | 275 | N/A | N/A | 28.5% |
Brazil | 2,579 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 4.9 | N/A | 600.0% |
Total | 2,799 | 275 | 14.9 | 7.6 | -86.0% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Argentina in 2022:
- United Kingdom (1847.0 kg)
- Sweden (43.0 kg)
This report provides an in-depth analysis of the copper market in Argentina.
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