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

Contents:

  1. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia (CIF) - 2024
  2. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia (FOB) - 2022
  3. Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia
  4. Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia (CIF) - 2024

In April 2024, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $7,390 per ton, dropping by -88.9% against the previous month. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 2,553% against the previous month. As a result, import price reached the peak level of $197K per ton. From January 2024 to April 2024, the average 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 April 2023 to April 2024, the rate of growth in terms of prices for France amounted to -0.0% per month.

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

In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $5,607 per ton, with an increase of 2.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 110% against the previous year. As a result, the export price attained the peak level of $8,177 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($29,674 per ton), while the average price for exports to Bosnia and Herzegovina ($4,564 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 (+4.9%), while the prices for the other major destinations experienced a decline.

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

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 195% to 1.6 tons. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts soared to $69K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 99%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.412.89.716.067.6%
Germany0.50.71.214.6207.9%
China0.95.87.02.234.7%
Slovenia1.1N/A0.40.4-28.6%
Denmark0.50.4N/AN/A-20.0%
Turkey5.5N/AN/AN/A0%
Others11.827.218.335.444.2%
Total23.646.936.568.642.7%

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

  1. Germany (434.0 kg)
  2. Italy (91.0 kg)
  3. China (63.0 kg)
  4. Slovenia (27.0 kg)

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

In 2022, exports of copper; copper-zinc base alloys (brass) unwroughts from Serbia soared to 3.9 tons, picking up by 52% compared with the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,770%. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts soared to $22K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 713%. As a result, the exports attained the peak of $81K. 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina5.04.75.86.69.7%
GermanyN/AN/AN/A2.70%
FranceN/AN/A1.21.416.7%
SloveniaN/A35.6N/AN/A0%
Others5.040.37.011.230.8%
Total9.980.613.921.930.3%

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

  1. Bosnia and Herzegovina (1444.0 kg)
  2. Germany (592.0 kg)
  3. France (46.0 kg)

Source: IndexBox Market Intelligence Platform

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