Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco - 2023
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (FOB) - 2023
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (CIF) - 2022
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (FOB) - 2023
In June 2023, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $5,445 per ton, remaining stable against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 4.5% against the previous month. The export price peaked at $5,983 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was China ($5,434 per ton), while the average price for exports to Taiwan (Chinese) totaled $5,344 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (0.0%).
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (CIF) - 2022
The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $16,598 per ton in 2022, jumping by 22% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2020 an increase of 48%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,558 per ton), while the price for Spain ($11,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco
After three years of growth, overseas shipments of copper; copper-zinc base alloys (brass) unwroughts decreased by -27.6% to 8.4K tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 189%.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts shrank significantly to $47M in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 274% against the previous year. As a result, the exports reached the peak of $68M, and then declined markedly in the following year.
| Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 7.2 | 31.7 | 23.3 | 195.8% |
| Taiwan (Chinese) | N/A | N/A | 1.8 | N/A | 0% |
| Switzerland | 1.9 | 1.5 | N/A | N/A | -21.1% |
| Others | 3.4 | 9.5 | 34.6 | 23.9 | 91.6% |
| Total | 6.2 | 18.2 | 68.1 | 47.2 | 96.7% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Morocco in 2022:
- China (4.2K tons)
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco
Imports of copper; copper-zinc base alloys (brass) unwroughts into Morocco shrank to 27 tons in 2022, waning by -6.3% against the previous year. In general, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts reached $442K in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 221% against the previous year.
| Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 40.7 | 33.8 | 135 | 108 | 38.4% |
| Italy | 358 | 4.3 | 13.6 | 64.2 | -43.6% |
| Spain | 8.4 | 9.9 | 20.4 | 23.2 | 40.3% |
| Germany | 7.6 | 9.5 | 13.5 | 13.5 | 21.1% |
| Turkey | 0.9 | 2.0 | 7.1 | 11.1 | 131.0% |
| Others | 416 | 61.6 | 198 | 222 | -18.9% |
| Total | 832 | 121 | 388 | 442 | -19.0% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Morocco in 2022:
- France (5.7 tons)
- Italy (4.6 tons)
- Spain (2.0 tons)
- Germany (0.5 tons)
- Turkey (0.4 tons)
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