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

Contents:

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

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Libya (FOB) - 2022

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $4,912 per ton, picking up by 10% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices attained the maximum at $5,015 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($4,926 per ton), while the average price for exports to China stood at $4,848 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $49,435 per ton, waning by -42.7% against the previous year. In general, the import price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 532%. As a result, import price attained the peak level of $86,260 per ton, and then reduced rapidly in the following year.

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 Italy ($135,333 per ton), while the price for Turkey amounted to $19,118 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.1%).

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

In 2022, overseas shipments of copper; copper-zinc base alloys (brass) unwroughts were finally on the rise to reach 122 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a significant expansion. 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 $600K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey19.148.829.1493195.5%
China27516952.2107-27.0%
Others19.1N/AN/AN/A0%
Total31321881.360024.2%

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

  1. Turkey (100.1 tons)
  2. China (22.1 tons)

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

In 2022, supplies from abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -95.2% to 46 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 615%. As a result, imports reached the peak of 12 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts shrank dramatically to $2.3K in 2022. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 589% against the previous year. As a result, imports reached the peak of $163K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.12.975.81.6-19.8%
Turkey0.30.36.80.732.6%
Belgium7.3N/AN/AN/A0%
UzbekistanN/A160N/AN/A0%
Canada2.6N/AN/AN/A0%
Others10.3N/AN/AN/A0%
Total23.716382.62.3-54.0%

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

  1. Turkey (34.0 kg)
  2. Italy (12.0 kg)

Source: IndexBox Market Intelligence Platform

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