Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran - 2022
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (FOB) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (CIF) - 2022
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (FOB) - 2022
The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $6,530 per ton in 2022, growing by 12% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +66.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 41% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($12,868 per ton), while the average price for exports to the United Arab Emirates ($5,531 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 Turkey (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (CIF) - 2022
The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $18,727 per ton in 2022, surging by 82% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($164,667 per ton), while the price for Iraq ($6,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+57.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran
In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts exported from Iran soared to 4.1K tons, with an increase of 32% on the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts soared to $27M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 91%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.0 | 5.5 | 11.0 | 15.0 | 55.4% |
| China | 0.5 | 1.5 | 2.8 | 5.7 | 125.1% |
| Turkey | 1.0 | 2.1 | 2.7 | 3.7 | 54.7% |
| Taiwan (Chinese) | 0.2 | 0.4 | 1.6 | 2.6 | 135.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 5.9 | 9.6 | 18.4 | 27.1 | 66.2% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Iran in 2022:
- United Arab Emirates (2705.1 tons)
- China (856.2 tons)
- Turkey (288.7 tons)
- Taiwan (Chinese) (287.4 tons)
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran
After two years of decline, overseas purchases of copper; copper-zinc base alloys (brass) unwroughts increased by 45% to 2.9 tons in 2022. Over the period under review, imports, however, faced a significant decline.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts surged to $55K in 2022. In general, imports, however, continue to indicate a dramatic decrease.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 218 | 13.0 | 11.6 | 20.1 | -54.8% |
| Azerbaijan | 65.7 | 4.7 | 5.0 | 10.3 | -46.1% |
| Turkey | 17.5 | 0.5 | 0.6 | 4.8 | -35.0% |
| Iraq | 47.4 | 2.7 | 2.2 | 3.7 | -57.3% |
| Others | 254 | 0.9 | 1.2 | 15.8 | -60.4% |
| Total | 603 | 21.7 | 20.7 | 54.7 | -55.1% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Iran in 2022:
- India (1694.0 kg)
- Iraq (575.0 kg)
- Azerbaijan (321.0 kg)
- Turkey (37.0 kg)
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