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

Contents:

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

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $6,316 per ton in 2022, picking up by 14% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +32.9% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 36%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($6,693 per ton) and Kazakhstan ($6,479 per ton), while the average price for exports to Taiwan (Chinese) ($5,866 per ton) and China ($6,354 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $15,303 per ton, falling by -35.3% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 183% against the previous year. Over the period under review, average import prices hit record highs at $29,658 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 France ($101,333 per ton), while the price for Turkey ($9,126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -63.2% to 13K tons in 2022. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, the exports reached the peak of 34K tons, and then reduced sharply in the following year.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts contracted dramatically to $79M in 2022. Overall, exports recorded a mild slump. The pace of growth was the most pronounced in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of $189M, and then dropped remarkably in the following year.

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

1. China (11.7K tons)
2. Kazakhstan (0.4K tons)
3. Taiwan (Chinese) (0.3K tons)

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

In 2022, supplies from abroad of copper; copper-zinc base alloys (brass) unwroughts increased by 89% to 60 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep reduction.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts surged to $913K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.0% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 48%. As a result, imports attained the peak of $932K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (25.8 tons)
2. Turkey (23.6 tons)
3. Italy (4.1 tons)
4. Switzerland (2.1 tons)
5. Lithuania (2.0 tons)
6. Poland (1.5 tons)

Source: IndexBox Market Intelligence Platform