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

Contents:

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

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

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $4,752 per ton, reducing by -12.5% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +100.2% against 2018 indices. The growth pace was the most rapid in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,428 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,911 per ton), while the average price for exports to the United Arab Emirates stood at $3,230 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $7,781 per ton, picking up by 58% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 90%. The import price peaked at $12,130 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +11.0% per year.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of copper; copper-zinc base alloys (brass) unwroughts, when their volume decreased by -45.5% to 2.3K tons. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 207% against the previous year.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts contracted significantly to $11M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 212%.

Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.16.511.35.134.4%
United Arab EmiratesN/AN/A0.10.4300.0%
Others2.16.511.55.537.8%
Total4.213.022.910.937.4%

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

  1. China (1035.2 tons)
  2. United Arab Emirates (111.9 tons)

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

After three years of growth, supplies from abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -92.5% to 4 tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 115,418% against the previous year.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts contracted dramatically to $31K in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 46,098% against the previous year.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A15.60%
GermanyN/AN/A67.9N/A0%
United Arab EmiratesN/A58.262.1N/A6.7%
Others0.361.913315.6273.3%
Total0.312026331.1369.8%

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

  1. Taiwan (Chinese) (2.0 tons)

Source: IndexBox Market Intelligence Platform

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