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

Contents:

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

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

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $5,701 per ton in 2022, surging by 25% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +75.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($6,730 per ton), while the average price for exports to Cambodia ($1,339 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 Malaysia (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for copper; copper-zinc base alloys (brass) unwroughts stood at $7,521 per ton in 2022, growing by 23% against the previous year. Overall, the import price, however, continues to indicate a pronounced setback. Over the period under review, average import prices reached the maximum at $10,218 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Austria ($13,673 per ton), while the price for Taiwan (Chinese) ($6,282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of copper; copper-zinc base alloys (brass) unwroughts decreased by -25.3% to 4K tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 814% against the previous year. As a result, the exports attained the peak of 6.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts shrank to $23M in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 748%. As a result, the exports reached the peak of $26M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. China (45.5 tons)
2. Hong Kong SAR (11.3 tons)
3. Singapore (7.6 tons)
4. Cambodia (1.0 tons)
5. Malaysia (0.9 tons)

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

In 2022, supplies from abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -28.9% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 66%. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts reduced to $8.2M in 2022. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. South Korea (390.3 tons)
2. China (54.8 tons)
3. Taiwan (Chinese) (45.5 tons)
4. Japan (22.8 tons)
5. Sri Lanka (21.1 tons)
6. Austria (9.7 tons)
7. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform