Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait - 2022
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (CIF) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (FOB) - 2022
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (CIF) - 2022
In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $9,402 per ton, reducing by -19.5% against the previous year. In general, the import price showed a noticeable descent. The growth pace was the most rapid in 2021 when the average import price increased by 106% against the previous year. The import price peaked at $24,439 per ton in 2018; however, from 2019 to 2022, 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 Italy ($123,618 per ton), while the price for the United Arab Emirates ($1,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (FOB) - 2022
In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,998 per ton, rising by 50% against the previous year. In general, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +25.0% over the last two-year period. 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 +56.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2020 to 2022, the rate of growth in terms of prices for India amounted to +12.1% per year.
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait
In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts imported into Kuwait skyrocketed to 13 tons, rising by 162% on 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 207% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts skyrocketed to $126K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 534%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 2.5 | 11.4 | 43.6 | 118.1% |
| Italy | 3.5 | 1.1 | 16.1 | 18.8 | 75.1% |
| United States | 7.2 | 2.5 | 6.6 | 7.9 | 3.1% |
| United Kingdom | 13.3 | 0.4 | 2.5 | 7.5 | -17.4% |
| United Arab Emirates | 2.5 | 0.6 | 1.3 | 1.2 | -21.7% |
| Germany | 0.9 | 0.2 | 0.5 | 0.4 | -23.7% |
| Others | 22.6 | 2.0 | 21.3 | 46.7 | 27.4% |
| Total | 54.2 | 9.4 | 59.7 | 126 | 32.5% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Kuwait in 2022:
- China (5.3 tons)
- United States (1.0 tons)
- United Arab Emirates (0.9 tons)
- United Kingdom (0.3 tons)
- Italy (0.2 tons)
- Germany (0.1 tons)
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait
Exports of copper; copper-zinc base alloys (brass) unwroughts from Kuwait declined dramatically to 420 kg in 2022, dropping by -85.1% against 2021 figures. Overall, exports faced a sharp contraction. The smallest decline of -46% was in 2021.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts shrank markedly to $2.9K in 2022. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -43.7% was in 2021.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Kuwait (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| United Arab Emirates | 0.8 | N/A | 2.9 | 90.4% |
| India | 21.6 | 6.6 | N/A | -69.4% |
| Others | 0.8 | 6.6 | N/A | 725.0% |
| Total | 23.3 | 13.1 | 2.9 | -64.7% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Kuwait in 2022:
- United Arab Emirates (420.0 kg)
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