Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya - 2023

Contents:

1. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya (FOB) - 2023
2. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya (CIF) - 2022
3. Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya
4. Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kenya (FOB) - 2023

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $4,305 per ton in December 2023, with a decrease of -2.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 7.2% m-o-m. Over the period under review, the average export prices reached the maximum at $4,842 per ton in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($4,984 per ton), while the average price for exports to China ($980 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $8,034 per ton in 2022, shrinking by -8.8% against the previous year. In general, the import price recorded a mild decrease. The growth pace was the most rapid in 2020 when the average import price increased by 241% against the previous year. As a result, import price reached the peak level of $13,174 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($36,000 per ton), while the price for India totaled $8,025 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.5%).

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

After three years of growth, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -24.8% to 4.8K tons in 2022. In general, total exports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 6.4K tons, and then fell notably in the following year.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts declined significantly to $22M in 2022. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports reached the peak of $28M, and then declined sharply in the following year.

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

1. United Kingdom (697.5 tons)
2. United Arab Emirates (639.5 tons)
3. Hong Kong SAR (598.8 tons)
4. China (248.3 tons)
5. Rwanda (117.4 tons)
6. South Korea (62.2 tons)
7. India (44.5 tons)

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

In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts imported into Kenya skyrocketed to 17 tons, growing by 14,784% against the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts skyrocketed to $136K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. India (8.5 tons)

Source: IndexBox Market Intelligence Platform