Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Belgium - 2023

Contents:

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

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

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $5,948 per ton, with an increase of 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,148 per ton), while the price for France ($3,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), 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 Belgium (FOB) - 2022

In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,700 per ton, surging by 14% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The growth pace was the most rapid in 2021 an increase of 40%. The export price peaked at $17,011 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($22,231 per ton), while the average price for exports to Tunisia ($6,000 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 Luxembourg (+3.9%), 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 Belgium

In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Belgium dropped slightly to 1.3K tons, with a decrease of -4.2% against the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 1.4K tons, and then fell in the following year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reached $7.7M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +75.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/A1.63.3106.2%
France1.61.61.41.3-6.7%
Germany2.12.12.71.2-17.0%
SwedenN/A0.30.70.863.3%
Netherlands1.10.20.40.5-23.1%
Turkey0.2N/AN/A0.314.5%
Others0.20.20.30.314.5%
Total5.24.47.17.714.0%

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

  1. Portugal (474.7 tons)
  2. France (433.5 tons)
  3. Sweden (146.1 tons)
  4. Germany (126.7 tons)
  5. Netherlands (53.4 tons)
  6. Turkey (33.9 tons)

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

In 2022, overseas shipments of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -14.4% to 275 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 4.9%. As a result, the exports attained the peak of 388 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s dropped slightly to $2.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of $2.4M, and then reduced modestly in the following year.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7589071,3741,44424.0%
France4503195014590.7%
Morocco14.152.190.5122105.3%
Luxembourg63.691.510611722.5%
United States1.80.66.749.7202.2%
Egypt76.595.010340.8-18.9%
Turkey221N/AN/A0.3-88.9%
Tunisia574N/AN/AN/A0%
Israel10.5535N/AN/A4995.2%
Others1591022611600.2%
Total2,3272,1012,4432,3920.9%

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

  1. Netherlands (187.5 tons)
  2. France (46.1 tons)
  3. Morocco (16.0 tons)
  4. Luxembourg (6.9 tons)
  5. United States (4.4 tons)
  6. Egypt (4.2 tons)

Source: IndexBox Market Intelligence Platform

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