Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (FOB) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (CIF) - 2022
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (FOB) - 2023
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $7,098 per ton in November 2023, reducing by -3% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 5.8% m-o-m. As a result, the export price reached the peak level of $7,778 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($10,127 per ton), while the average price for exports to Norway ($4,897 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $6,405 per ton, approximately equating the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($22,268 per ton), while the price for Portugal ($4,604 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 (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany
In 2022, after three years of growth, there was significant decline in overseas shipments of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, when their volume decreased by -17.4% to 109K tons. Over the period under review, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 6.3% against the previous year. As a result, the exports reached the peak of 132K tons, and then declined dramatically in the following year.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell to $804M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $910M, and then dropped in the following year.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 162 | 151 | 224 | 189 | 5.3% |
| France | 72.1 | 79.6 | 103 | 92.5 | 8.7% |
| Switzerland | 50.2 | 37.6 | 60.9 | 68.3 | 10.8% |
| United Kingdom | 55.6 | 44.2 | 59.5 | 66.9 | 6.4% |
| Netherlands | 27.4 | 41.0 | 53.4 | 54.3 | 25.6% |
| Poland | 45.1 | 49.6 | 63.1 | 51.0 | 4.2% |
| Norway | 54.2 | 42.7 | 52.4 | 47.6 | -4.2% |
| Austria | 38.1 | 32.9 | 45.5 | 45.1 | 5.8% |
| United States | 13.5 | 13.6 | 32.5 | 30.7 | 31.5% |
| Spain | 30.1 | 22.2 | 31.2 | 28.0 | -2.4% |
| Denmark | 25.3 | 24.5 | 36.4 | 26.9 | 2.1% |
| Hungary | 23.1 | 24.9 | 36.1 | 25.3 | 3.1% |
| Czech Republic | 16.3 | 16.2 | 21.2 | 18.5 | 4.3% |
| Others | 62.9 | 69.5 | 91.6 | 60.6 | -1.2% |
| Total | 676 | 650 | 910 | 804 | 6.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Germany in 2022:
- Italy (23.9K tons)
- France (11.6K tons)
- Norway (11.1K tons)
- United Kingdom (9.0K tons)
- Switzerland (8.4K tons)
- Netherlands (7.7K tons)
- Poland (6.3K tons)
- Hungary (5.8K tons)
- Austria (5.6K tons)
- Spain (3.8K tons)
- United States (3.5K tons)
- Denmark (3.4K tons)
- Czech Republic (2.5K tons)
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany
Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Germany dropped slightly to 51K tons in 2022, waning by -3.8% against 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 54K tons, and then dropped slightly in the following year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell slightly to $330M in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. As a result, imports reached the peak of $339M, and then declined slightly in the following year.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 62.8 | 61.7 | 164 | 146 | 32.5% |
| Poland | 27.9 | 28.3 | 37.9 | 40.9 | 13.6% |
| France | 10.1 | 21.4 | 27.5 | 34.3 | 50.3% |
| Portugal | 7.4 | 7.8 | 32.1 | 31.0 | 61.2% |
| Turkey | 9.9 | 9.7 | 25.9 | 27.9 | 41.3% |
| Sweden | 17.5 | 18.2 | 18.4 | 15.7 | -3.6% |
| Greece | 4.5 | 4.2 | 12.0 | 13.5 | 44.2% |
| Netherlands | 35.3 | 15.7 | 1.7 | 1.6 | -64.3% |
| Others | 16.8 | 11.4 | 20.2 | 18.8 | 3.8% |
| Total | 192 | 179 | 339 | 330 | 19.8% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Germany in 2022:
- Italy (22.9K tons)
- Portugal (6.7K tons)
- Poland (5.7K tons)
- France (5.2K tons)
- Turkey (3.2K tons)
- Sweden (2.9K tons)
- Greece (1.7K tons)
- Netherlands (0.1K tons)
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