Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (CIF) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $6,454 per ton in November 2023, increasing by 4.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 11% against the previous month. The import price peaked at $7,594 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to November 2023, the rate of growth in terms of prices for Italy amounted to +11.2% per month.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,466 per ton in 2022, picking up by 1.6% against the previous year. In general, export price indicated a measured increase 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, export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. The export price peaked at $8,677 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($8,870 per ton) and North Macedonia ($8,741 per ton), while the average price for exports to Italy ($5,979 per ton) and Germany ($6,608 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.1%), 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 Bulgaria
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s imported into Bulgaria dropped rapidly to 4.4K tons, which is down by -23.4% compared with the previous year. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, imports attained the peak of 5.7K tons, and then contracted dramatically in the following year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s declined to $32M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports reached the peak of $34M, and then dropped in the following year.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.4 | 21.4 | 30.5 | 29.1 | 9.1% |
| Italy | 0.6 | 1.1 | 1.9 | 1.2 | 26.0% |
| Spain | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Germany | 1.1 | 0.3 | 0.2 | 0.3 | -35.2% |
| Others | 0.7 | 0.3 | 0.5 | 0.4 | -17.0% |
| Total | 25.3 | 23.6 | 33.8 | 31.6 | 7.7% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Bulgaria in 2022:
- Turkey (3801.8 tons)
- Italy (407.0 tons)
- Spain (120.5 tons)
- Germany (22.8 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria
In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Bulgaria soared to 40 tons, surging by 236% on the year before. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 590%. As a result, the exports attained the peak of 50 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $340K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 487%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 6.5 | 195 | 15.6 | 233 | 229.7% |
| Romania | 5.7 | 0.5 | 36.3 | 42.0 | 94.6% |
| Armenia | N/A | 0.6 | 24.8 | 36.4 | 678.9% |
| North Macedonia | 16.6 | 55.7 | 1.9 | 17.5 | 1.8% |
| Germany | 5.4 | 12.1 | 13.2 | 10.0 | 22.8% |
| Turkey | 10.1 | 7.3 | 3.6 | N/A | -40.3% |
| Others | 2.0 | N/A | 4.2 | 1.6 | -7.2% |
| Total | 46.2 | 271 | 99.5 | 340 | 94.5% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Bulgaria in 2022:
- Greece (27.6 tons)
- Romania (4.7 tons)
- Armenia (4.3 tons)
- North Macedonia (2.0 tons)
- Germany (1.5 tons)
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