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

Contents:

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

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

The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $7,689 per ton in 2022, increasing by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($18,848 per ton), while the price for Singapore ($2,215 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $5,874 per ton in March 2022, shrinking by -8.7% against the previous month. Over the period under review, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in June 2021 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices hit record highs at $6,433 per ton in February 2022, and then fell in the following month.

As there is only one major export destination, the average price level is determined by prices for China.

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +1.6% per month.

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

In 2022, imports of copper; copper-zinc base alloys (brass) unwroughts into Indonesia dropped significantly to 1.8K tons, declining by -35.1% on 2021. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports attained the peak of 2.8K tons, and then reduced remarkably in the following year.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts contracted sharply to $14M in 2022. Overall, imports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2021 when imports increased by 126%. As a result, imports reached the peak of $21M, and then declined rapidly in the following year.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.91.83.82.90.0%
Taiwan (Chinese)1.61.43.22.414.5%
South Korea1.30.72.41.1-5.4%
Russia0.10.10.10.10.0%
Others7.45.011.07.60.9%
Total13.39.120.514.22.2%

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

  1. India (332.2 tons)
  2. Taiwan (Chinese) (325.1 tons)
  3. South Korea (196.6 tons)
  4. Russia (27.8 tons)

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

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of copper; copper-zinc base alloys (brass) unwroughts, which increased by 2.6% to 1.5K tons in 2022. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 3%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts totaled $5.9M in 2022. Overall, exports recorded a slight increase. The most prominent rate of growth was recorded in 2020 with an increase of 1%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.52.82.92.95.1%
Hong Kong SAR0.1N/AN/AN/A0%
CambodiaN/AN/AN/AN/A0%
Others3.23.03.03.0-2.1%
Total5.85.85.95.90.6%

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

  1. China (725.0 tons)
  2. Cambodia (23.9 tons)
  3. Hong Kong SAR (7.6 tons)

Source: IndexBox Market Intelligence Platform

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