Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in New Zealand - 2024

Contents:

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

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $8,174 per ton in 2022, rising by 9.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($10,555 per ton), while the average price for exports to Australia totaled $8,093 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.2%).

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $19,102 per ton, with an increase of 29% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 208%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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 the United States ($45,982 per ton), while the price for Australia ($4,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 119 tons of copper; copper-zinc base alloys (brass) unwroughts were exported from New Zealand; reducing by -80.5% against 2021. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 313%.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts fell markedly to $977K in 2022. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 360%.

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

1. Australia (57.8 tons)
2. Thailand (2.0 tons)

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

In 2022, after two years of decline, there was significant growth in overseas purchases of copper; copper-zinc base alloys (brass) unwroughts, when their volume increased by 959% to 11 tons. In general, imports, however, showed a dramatic decline.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts surged to $208K in 2022. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (2.1 tons)
2. France (2.0 tons)
3. Australia (1.5 tons)
4. China (1.0 tons)
5. Italy (0.4 tons)
6. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform