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

Contents:

  1. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan (FOB) - 2024
  2. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan (CIF) - 2022
  3. Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan
  4. Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan

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

In April 2024, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,086 per ton, declining by -19.7% against the previous month. Overall, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in July 2023 an increase of 13% against the previous month. The export price peaked at $7,576 per ton in March 2024, and then dropped markedly in the following month.

Average prices varied somewhat for the major export markets. In April 2024, the countries with the highest prices were Vietnam ($7,746 per ton) and Taiwan (Chinese) ($6,746 per ton), while the average price for exports to China ($5,764 per ton) and Malaysia ($5,778 per ton) were amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,764 per ton, dropping by -5.4% against the previous year. Over the period under review, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 125% against the previous year. As a result, import price attained the peak level of $11,139 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 Spain ($9,876 per ton), while the price for Lithuania ($5,285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of copper; copper-zinc base alloys (brass) unwroughts from Japan amounted to 8.4K tons, rising by 7.2% on 2021. The total export volume increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts expanded markedly to $56M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.815.119.522.932.7%
Philippines1.71.32.22.05.6%
Taiwan (Chinese)2.61.71.21.2-22.7%
Malaysia0.60.40.40.810.1%
BelgiumN/AN/A2.70.2-92.6%
Others16.619.027.029.320.9%
Total31.437.452.956.421.6%

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

  1. China (3.5K tons)
  2. Philippines (0.3K tons)
  3. Taiwan (Chinese) (0.2K tons)
  4. Malaysia (0.1K tons)

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

Imports of copper; copper-zinc base alloys (brass) unwroughts into Japan contracted to 475 tons in 2022, falling by -6.3% against 2021 figures. In general, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 149% against the previous year.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts reduced to $3.2M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of $3.6M, and then contracted in the following year.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,0979291,3251,3968.4%
LithuaniaN/AN/AN/A1110%
Spain68.786.078.688.99.0%
Thailand210N/A190N/A-4.9%
Taiwan (Chinese)N/AN/A154N/A0%
Others1,3761,0251,8741,6145.5%
Total2,7522,0393,6223,2105.3%

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

  1. South Korea (207.1 tons)
  2. Lithuania (21.0 tons)
  3. Spain (9.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Copper; copper-zinc base alloys (brass) unwrought - Japan