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

Contents:

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

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

The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $10,304 per ton in 2022, waning by -38.8% against the previous year. Over the period under review, the import price, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 94% against the previous year. The import price peaked at $21,701 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.8% per year.

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

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $44,000 per ton, surging by 37% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 113%. The export price peaked at $61,259 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($8,000 per ton), while the average price for exports to France ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-9.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of copper; copper-zinc base alloys (brass) unwroughts imported into Luxembourg rose significantly to 22 tons, picking up by 14% compared with the previous year. Overall, imports, however, continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 38%.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts fell dramatically to $228K in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 105%. As a result, imports reached the peak of $327K, and then shrank notably in the following year.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14914529621813.5%
Others15714.430.510.7-59.2%
Total305160327228-9.2%

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

  1. France (22.0 tons)

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

In 2022, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -78.9% to 4 kg, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 200% against the previous year. As a result, the exports attained the peak of 42 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts reduced remarkably to $176 in 2022. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 261% against the previous year. As a result, the exports reached the peak of $1.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A13.00%
Belgium2056273948.0-66.1%
FranceN/A8402106.0-91.5%
Others20513.08.0149-10.1%
Total4101,480612176-24.6%

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

  1. Germany (2.0 kg)
  2. Belgium (1.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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