Copper; Master Alloys Price in Brazil - 2023

Contents:

1. Copper; Master Alloys Price in Brazil (CIF) - 2022
2. Copper; Master Alloys Price in Brazil (FOB) - 2023
3. Copper; Master Alloys Imports in Brazil
4. Copper; Master Alloys Exports in Brazil

Copper; Master Alloys Price in Brazil (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $10,142 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $10,174 per ton, leveling off in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($12,575 per ton) and the United States ($12,061 per ton), while the price for the UK ($8,450 per ton) and Belgium ($9,014 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Price in Brazil (FOB) - 2023

The average copper; master alloys export price stood at $15,750 per ton in July 2023, remaining stable against the previous month. Over the period under review, the export price posted buoyant growth. The export price peaked in July 2023.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From September 2022 to July 2023, the rate of growth in terms of prices for Argentina amounted to +7.1% per month.

Copper; Master Alloys Imports in Brazil

In 2022, approx. 233 tons of copper; master alloyses were imported into Brazil; which is down by -22.7% on 2021 figures. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.

In value terms, copper; master alloys imports fell significantly to $2.4M in 2022. In general, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, imports reached the peak of $3.1M, and then dropped rapidly in the following year.

Top Suppliers of Copper; Master Alloys to Brazil in 2022:

1. South Korea (189.5 tons)
2. United Kingdom (20.0 tons)
3. United States (7.8 tons)
4. Netherlands (6.0 tons)
5. Belgium (4.0 tons)
6. India (0.5 tons)

Copper; Master Alloys Exports in Brazil

In 2022, approx. 39 tons of copper; master alloyses were exported from Brazil; surging by 8.8% on 2021. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 575% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, copper; master alloys exports rose notably to $413K in 2022. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 363% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Copper; Master Alloys from Brazil in 2022:

1. Argentina (39.3 tons)

Source: IndexBox Market Intelligence Platform