Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (CIF) - 2022
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,113 per ton in 2022, picking up by 8.7% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +51.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($10,606 per ton) and Brazil ($8,740 per ton), while the price for Chile ($7,509 per ton) and China ($7,549 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $7,497 per ton, growing by 6.7% against the previous year. Overall, the export price, however, showed a pronounced slump. The growth pace was the most rapid in 2017 an increase of 19%. Over the period under review, the average export prices reached the maximum at $9,202 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($9,054 per ton), while the average price for exports to the United States ($7,080 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 the United States (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia
In 2022, supplies from abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -13.4% to 331 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 34%. As a result, imports reached the peak of 560 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s shrank to $2.7M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 720 | 876 | 795 | 1,388 | 24.5% |
| Peru | 1,321 | 1,864 | 1,611 | 1,015 | -8.4% |
| Brazil | 7.1 | 72.7 | 24.1 | 145 | 173.3% |
| Mexico | 59.1 | 16.1 | N/A | 61.7 | 1.4% |
| China | N/A | 155 | 364 | 11.4 | -72.9% |
| Others | 243 | 16.4 | 60.6 | 67.9 | -34.6% |
| Total | 2,349 | 3,000 | 2,855 | 2,688 | 4.6% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Colombia in 2022:
- Chile (184.8 tons)
- Peru (117.0 tons)
- Brazil (16.6 tons)
- Mexico (5.8 tons)
- China (1.5 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia
In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Colombia skyrocketed to 121 tons, increasing by 38% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 137%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $905K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 143% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 161 | 413 | 156.5% |
| Mexico | 98.7 | 237 | 151 | 375 | 56.0% |
| Ecuador | 70.4 | 182 | 124 | 102 | 13.2% |
| Brazil | N/A | N/A | 171 | N/A | 0% |
| Others | 3.6 | 0.5 | 6.8 | 15.9 | 64.1% |
| Total | 173 | 419 | 615 | 905 | 73.6% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Colombia in 2022:
- United States (58.3 tons)
- Mexico (50.1 tons)
- Ecuador (11.2 tons)
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