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

Contents:

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

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $7,303 per ton in 2022, rising by 7.6% against the previous year. In general, the export price enjoyed a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($7,545 per ton), while the average price for exports to China ($6,722 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 Argentina (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $12,689 per ton, waning by -1.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 393% against the previous year. As a result, import price attained the peak level of $22,660 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 ($57,000 per ton), while the price for China ($7,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+65.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Chile recorded growth in shipments abroad of copper; copper-zinc base alloys (brass) unwroughts, which increased by 42% to 5.2K tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 122%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts soared to $38M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 184%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Chile (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Brazil3.18.113.6109.5%
Argentina1.14.25.3119.5%
China0.20.20.20.0%
Others4.412.519.0107.8%
Total8.824.938.0107.8%

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

  1. Brazil (1.9K tons)
  2. Argentina (0.7K tons)

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

In 2022, after two years of decline, there was significant decline in purchases abroad of copper; copper-zinc base alloys (brass) unwroughts, when their volume decreased by -99.8% to 90 kg. Over the period under review, imports continue to indicate a dramatic decrease.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts shrank rapidly to $1.1K in 2022. In general, imports continue to indicate a noticeable descent.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A0.40%
United StatesN/AN/A0.40.1-75.0%
ChinaN/AN/AN/A0.10%
SpainN/AN/A302N/A0%
Others1.3N/A3040.6-22.7%
Total1.3N/A6061.1-5.4%

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

  1. Italy (33.0 kg)
  2. China (10.0 kg)
  3. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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