Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (CIF) - 2022
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $10,158 per ton in 2022, picking up by 3.3% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +45.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 45%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
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 China ($13,525 per ton), while the price for Singapore ($3,313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $4,882 per ton, dropping by -45.9% against the previous year. In general, the export price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $14,446 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($32,097 per ton), while the average price for exports to the UK ($2,417 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 India (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Sri Lanka declined to 350 tons, dropping by -8.7% compared with 2021 figures. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 17%.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s contracted to $3.6M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65%. As a result, imports attained the peak of $3.8M, and then reduced in the following year.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,162 | 601 | 1,526 | 1,458 | 7.9% |
| Taiwan (Chinese) | 1,214 | 1,048 | 1,222 | 1,272 | 1.6% |
| India | 322 | 169 | 383 | 432 | 10.3% |
| China | 399 | 301 | 454 | 169 | -24.9% |
| Indonesia | 31.2 | 32.5 | 51.6 | 84.5 | 39.4% |
| Peru | 45.3 | 43.2 | 48.4 | 56.8 | 7.8% |
| Others | 82.2 | 94.0 | 87.6 | 87.3 | 2.0% |
| Total | 3,256 | 2,290 | 3,773 | 3,558 | 3.0% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Sri Lanka in 2022:
- Japan (126.2 tons)
- Taiwan (Chinese) (123.8 tons)
- India (60.7 tons)
- China (12.5 tons)
- Indonesia (10.9 tons)
- Peru (8.2 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka
In 2022, approx. 517 kg of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were exported from Sri Lanka; rising by 72% on the year before. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s shrank to $2.5K in 2022. In general, exports, however, saw a abrupt descent.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 991 | 1,217 | 1,614 | 995 | 0.1% |
| Australia | N/A | N/A | N/A | 765 | 0% |
| Thailand | 190 | 287 | 468 | 354 | 23.1% |
| United Kingdom | 329 | 382 | 477 | 278 | -5.5% |
| Maldives | 1,739 | 1,306 | 146 | 132 | -57.7% |
| Others | 218 | N/A | N/A | N/A | 0% |
| Total | 3,467 | 3,192 | 2,705 | 2,524 | -10.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Sri Lanka in 2022:
- Australia (265.0 kg)
- United Kingdom (115.0 kg)
- Thailand (75.0 kg)
- Maldives (31.0 kg)
- India (31.0 kg)
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