Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary (CIF) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $4,315 per ton in November 2023, shrinking by -23% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 48% month-to-month. Over the period under review, average import prices reached the peak figure at $5,601 per ton in October 2023, and then shrank sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($34,714 per ton), while the price for Turkey stood at $7,003 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+12.1%), 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 Hungary (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $2,396 per ton in 2022, with a decrease of -16.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 59% against the previous year. The export price peaked at $9,964 per ton in 2014; however, from 2015 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 Slovakia ($6,661 per ton), while the average price for exports to Germany stood at $2,058 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary
In 2022, purchases abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -19.2% to 7.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 9.4K tons, and then contracted significantly in the following year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell rapidly to $32M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +12.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 59%. As a result, imports reached the peak of $46M, and then shrank remarkably in the following year.
Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 18.4 | 20.5 | 31.1 | 20.4 | 3.5% |
Italy | 3.7 | 3.1 | 7.0 | 4.3 | 5.1% |
France | 2.2 | 1.6 | 1.7 | 2.3 | 1.5% |
Spain | 0.4 | N/A | 0.7 | 1.9 | 68.1% |
Poland | 1.4 | 1.0 | 2.1 | 1.3 | -2.4% |
Portugal | 1.2 | 2.2 | 2.3 | N/A | 38.4% |
Others | 1.1 | 0.7 | 1.2 | 1.8 | 17.8% |
Total | 28.4 | 29.0 | 46.0 | 31.9 | 3.9% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Hungary in 2022:
- Germany (5.6K tons)
- Italy (1.1K tons)
- France (0.3K tons)
- Poland (0.2K tons)
- Spain (0.2K tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary
In 2022, shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -10.6% to 653 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of 731 tons, and then declined in the following year.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s declined sharply to $1.6M in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports reached the peak of $2.1M, and then fell notably in the following year.
Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,114 | 964 | 1,692 | 1,286 | 4.9% |
Slovakia | 4.8 | 21.6 | 25.4 | 104 | 178.8% |
Italy | 5.5 | 0.7 | 242 | N/A | 563.3% |
Others | 83.7 | 107 | 129 | 175 | 27.9% |
Total | 1,208 | 1,094 | 2,089 | 1,564 | 9.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Hungary in 2022:
- Germany (625.0 tons)
- Slovakia (15.5 tons)
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