Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh - 2022
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (CIF) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (FOB) - 2022
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (CIF) - 2022
In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $8,555 per ton, increasing by 27% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; copper-zinc base alloys (brass) unwroughts increased by +68.7% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the United States ($28,470 per ton), while the price for China ($6,642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (FOB) - 2022
In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,859 per ton, with an increase of 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($14,041 per ton), while the average price for exports to Taiwan (Chinese) ($2,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh
In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts imported into Bangladesh skyrocketed to 29 tons, surging by 93% compared with the year before. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts surged to $251K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 39.9 | 60.7 | 85.8 | 189 | 67.9% |
| United States | 13.4 | 13.3 | 13.3 | 48.1 | 53.1% |
| China | 9.4 | 12.3 | 1.5 | 6.1 | -13.4% |
| Others | 3.5 | 2.3 | 2.2 | 8.1 | 32.3% |
| Total | 66.2 | 88.6 | 103 | 251 | 55.9% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Bangladesh in 2022:
- India (26.0 tons)
- United States (1.7 tons)
- China (0.9 tons)
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh
In 2022, overseas shipments of copper; copper-zinc base alloys (brass) unwroughts decreased by -63.2% to 6.4 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 653% against the previous year. As a result, the exports attained the peak of 75 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts contracted notably to $44K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 688%. As a result, the exports reached the peak of $344K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.5 | 81.0 | 33.5 | 19.2 | -3.7% |
| India | 9.8 | 222 | 42.2 | 14.1 | 12.9% |
| Taiwan (Chinese) | 7.6 | 25.4 | 11.1 | 6.8 | -3.6% |
| Singapore | 4.7 | 15.3 | 6.5 | 3.8 | -6.8% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 43.6 | 344 | 93.3 | 44.0 | 0.3% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Bangladesh in 2022:
- Taiwan (Chinese) (2.7 tons)
- India (1.9 tons)
- China (1.4 tons)
- Singapore (0.5 tons)
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