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

Contents:

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

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $36,641 per ton, increasing by 139% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 180%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue 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 ($27,147 per ton), while the price for Spain ($8,534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+57.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,533 per ton, surging by 31% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 245% against the previous year. As a result, the export price attained the peak level of $18,333 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($26,745 per ton), while the average price for exports to China amounted to $6,160 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.0%).

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

After three years of growth, supplies from abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -57.7% to 16 tons in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 460% against the previous year. As a result, imports reached the peak of 37 tons, and then contracted notably in the following year.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts reached $569K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 292% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. China (8.1 tons)
2. Spain (6.0 tons)
3. Italy (0.9 tons)
4. United States (0.5 tons)

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

In 2022, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -62% to 26 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 2,344,033%. As a result, the exports reached the peak of 70 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 declined remarkably to $169K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 544,333% against the previous year.

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

1. China (25.3 tons)
2. Ecuador (0.5 tons)

Source: IndexBox Market Intelligence Platform