Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain (CIF) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain (FOB) - 2022
  3. Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain
  4. Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain (CIF) - 2022

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $11,912 per ton, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 +54.9% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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 Greece ($89,390 per ton), while the price for Austria ($3,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+35.0%), 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 Bahrain (FOB) - 2022

The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $12,477 per ton in 2022, increasing by 30% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 85%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 Kuwait ($24,814 per ton), while the average price for exports to Saudi Arabia totaled $11,971 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+16.0%).

Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain

In 2022, approx. 14 tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were imported into Bahrain; reducing by -51.5% against 2021. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of 29 tons, and then shrank notably in the following year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reduced remarkably to $167K in 2022. Over the period under review, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 102%. As a result, imports attained the peak of $342K, and then contracted rapidly in the following year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.90.752.431.7227.8%
United Kingdom39.059.471.529.9-8.5%
Hong Kong SAR3.87.214.429.898.7%
India51.519.445.316.8-31.2%
China8.24.915.111.311.3%
New Zealand18.120.28.610.0-17.9%
United Arab Emirates5.410.311.57.19.6%
Germany9.44.138.44.3-22.9%
Austria7.56.86.53.5-22.4%
Others44.836.378.422.4-20.6%
Total189169342167-4.0%

Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Bahrain in 2022:

  1. United Kingdom (2.6 tons)
  2. South Africa (2.5 tons)
  3. India (1.7 tons)
  4. Hong Kong SAR (1.6 tons)
  5. China (1.3 tons)
  6. Austria (1.1 tons)
  7. New Zealand (1.1 tons)
  8. United Arab Emirates (0.9 tons)
  9. Germany (0.3 tons)

Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain

Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Bahrain skyrocketed to 951 kg in 2022, increasing by 373% compared with the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports attained 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 surged to $12K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.30.30.68.738.1%
Kuwait0.30.10.42.8110.5%
Free ZonesN/A0.1N/AN/A0%
FinlandN/AN/A0.1N/A0%
OmanN/AN/A0.6N/A0%
OthersN/AN/A0.20.350.0%
Total3.50.51.911.950.4%

Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Bahrain in 2022:

  1. Saudi Arabia (728.0 kg)
  2. Kuwait (113.0 kg)

Source: IndexBox Market Intelligence Platform

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