Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bulgaria - 2024

Contents:

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

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $6,490 per ton in 2022, with an increase of 30% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +81.8% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 60% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,843 per ton), while the average price for exports to Italy ($3,118 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 Thailand (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $12,496 per ton in 2022, increasing by 49% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2020 when the average import price increased by 51%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Italy ($22,365 per ton), while the price for Turkey ($8,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 96 tons of copper; copper-zinc base alloys (brass) unwroughts were exported from Bulgaria; which is down by -26.7% against 2021. Overall, exports recorded a sharp decrease. The smallest decline of -2.4% was in 2020.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts shrank modestly to $623K in 2022. In general, exports saw a precipitous descent.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26022339036411.9%
Germany37.312.831.711947.2%
MalaysiaN/AN/AN/A97.10%
Italy39317276.60.4-89.9%
ThailandN/A60387.1N/A-85.6%
Others80526.667.542.1-62.6%
Total1,4961,038653623-25.3%

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

  1. China (65.5 tons)
  2. Malaysia (18.9 tons)
  3. Germany (11.0 tons)
  4. Italy (0.1 tons)

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

For the third consecutive year, Bulgaria recorded decline in overseas purchases of copper; copper-zinc base alloys (brass) unwroughts, which decreased by -73.3% to 28 tons in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -17.8% was in 2021.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts contracted sharply to $353K in 2022. Overall, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1592182011957.0%
Turkey20125261.5157-7.9%
Germany11.87926210.7-61.0%
Poland50.912.3N/AN/A-75.8%
Romania79.5N/AN/AN/A0%
Others5894.03.80.2-93.0%
Total1,0921,278887353-31.4%

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

  1. Turkey (19.4 tons)
  2. Italy (8.7 tons)
  3. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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