Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia - 2024
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (CIF) - 2024
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (FOB) - 2022
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (CIF) - 2024
In March 2024, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $5,631 per ton, which is down by -6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 7.4% m-o-m. As a result, import price attained the peak level of $5,987 per ton, and then fell in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Estonia ($51,642 per ton), while the price for Lithuania totaled $5,595 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Estonia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (FOB) - 2022
In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,163 per ton, picking up by 4.2% against the previous year. In general, export price indicated a modest expansion 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 +48.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($6,135 per ton), while the average price for exports to China amounted to $6,124 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia
In 2022, imports of copper; copper-zinc base alloys (brass) unwroughts into Latvia declined significantly to 638 tons, which is down by -58.4% against the previous year's figure. Overall, imports showed a sharp setback. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts declined dramatically to $3.6M in 2022. In general, imports saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $8.6M, and then fell rapidly in the following year.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 250 | 2,672 | 3,698 | 1,095 | 63.6% |
| Lithuania | 568 | 368 | 640 | 986 | 20.2% |
| Russia | 84.6 | N/A | 125 | 553 | 87.0% |
| Belarus | 3,139 | 1,508 | 3,584 | 529 | -44.8% |
| Poland | 0.4 | 0.7 | 1.0 | 185 | 673.3% |
| Kyrgyzstan | N/A | 277 | 448 | 129 | -31.8% |
| Others | 4,143 | 76.5 | 74.0 | 82.0 | -73.0% |
| Total | 8,186 | 4,902 | 8,570 | 3,559 | -24.2% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Latvia in 2022:
- Uzbekistan (220.0 tons)
- Lithuania (179.6 tons)
- Belarus (90.0 tons)
- Russia (86.8 tons)
- Poland (36.0 tons)
- Kyrgyzstan (21.0 tons)
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia
In 2022, exports of copper; copper-zinc base alloys (brass) unwroughts from Latvia declined markedly to 426 tons, which is down by -67.7% against the previous year's figure. In general, exports saw a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 23%.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts contracted remarkably to $2.6M in 2022. Overall, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. As a result, the exports attained the peak of $7.8M, and then reduced dramatically in the following year.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 4.4 | 7.8 | 2.6 | -10.3% |
| Lithuania | N/A | N/A | N/A | N/A | 0% |
| Others | 3.6 | 0.1 | N/A | N/A | -97.2% |
| Total | 7.3 | 4.5 | 7.8 | 2.6 | -29.1% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Latvia in 2022:
- China (418.5 tons)
- Lithuania (6.5 tons)
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