Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus - 2022

Contents:

  1. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (CIF) - 2022
  2. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (FOB) - 2022
  3. Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus
  4. Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (CIF) - 2022

In March 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $5,507 per ton, flattening at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 10% against the previous month. The import price peaked at $6,175 per ton in January 2022; however, from February 2022 to March 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +0.6% per month.

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (FOB) - 2022

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,410 per ton, surging by 24% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; copper-zinc base alloys (brass) unwroughts increased by +37.6% against 2018 indices. The growth pace was the most rapid in 2017 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($6,754 per ton) and Latvia ($6,389 per ton), while the average price for exports to Poland ($6,036 per ton) and Lithuania ($6,331 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus

In 2022, approx. 22K tons of copper; copper-zinc base alloys (brass) unwroughts were imported into Belarus; with an increase of 12% on the previous year. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts reached $126M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 227% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22.815.854.462.439.9%
Others22.818.056.363.640.8%
Total45.633.811112640.3%

Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Belarus in 2022:

  1. Russia (10.8K tons)

Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus

For the third consecutive year, Belarus recorded decline in shipments abroad of copper; copper-zinc base alloys (brass) unwroughts, which decreased by -71.5% to 2.1K tons in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -46.6% was in 2020.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts fell markedly to $13M in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The smallest decline of -40.5% was in 2021.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania49.831.215.35.7-51.4%
Estonia1.30.60.20.1-57.5%
Latvia3.00.32.2N/A-14.4%
Others53.732.020.47.6-47.9%
Total10864.138.113.5-50.0%

Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Belarus in 2022:

  1. Lithuania (905.2 tons)
  2. Estonia (12.3 tons)
  3. Latvia (5.5 tons)

Source: IndexBox Market Intelligence Platform

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