Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq - 2022
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (FOB) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (CIF) - 2022
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (FOB) - 2022
The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $8,236 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs 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 Turkey ($8,565 per ton), while the average price for exports to Iran totaled $2,089 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.9%).
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (CIF) - 2022
In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $23,781 per ton, with an increase of 144% against the previous year. In general, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 177% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Arab Emirates ($84,800 per ton), while the price for Pakistan ($6,408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+101.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq
In 2022, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts increased by 383% to 289 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts skyrocketed to $2.4M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,084 | 726 | 366 | 2,346 | 29.3% |
| Iran | 57.6 | 45.6 | 35.4 | 30.6 | -19.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,142 | 771 | 401 | 2,377 | 27.7% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Iraq in 2022:
- Turkey (273.9 tons)
- Iran (14.7 tons)
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq
Imports of copper; copper-zinc base alloys (brass) unwroughts into Iraq surged to 2.6 tons in 2022, increasing by 94% compared with 2021 figures. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,569% against the previous year. As a result, imports attained the peak of 22 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts soared to $62K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,757% against the previous year. As a result, imports attained the peak of $194K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.1 | 99.5 | 6.2 | 17.8 | 79.1% |
| United Kingdom | N/A | N/A | N/A | 16.8 | 0% |
| Italy | 1.1 | 15.0 | 1.0 | 14.1 | 134.0% |
| Iran | 4.6 | 50.7 | 2.9 | 7.7 | 18.7% |
| Pakistan | 1.2 | 19.0 | 1.9 | 3.9 | 48.1% |
| Oman | N/A | N/A | N/A | 0.9 | 0% |
| United Arab Emirates | 0.6 | 10.0 | 1.1 | 0.4 | -12.6% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 10.5 | 194 | 13.1 | 61.8 | 80.6% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Iraq in 2022:
- Turkey (929.0 kg)
- Pakistan (606.0 kg)
- Iran (485.0 kg)
- United Kingdom (304.0 kg)
- Italy (189.0 kg)
- Oman (78.0 kg)
- United Arab Emirates (5.0 kg)
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