Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (CIF) - 2024
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (CIF) - 2024
In January 2024, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $5,234 per ton, surging by 4% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 8% against the previous month. Over the period under review, average import prices reached the peak figure at $5,390 per ton in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Sweden ($10,698 per ton), while the price for Germany totaled $4,760 per ton.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%).
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $33,748 per ton, rising by 61% against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 178% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($224,397 per ton), while the average price for exports to Iceland ($12,217 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 Sweden (+21.1%), 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 Norway
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s imported into Norway expanded sharply to 12K tons, surging by 5.7% against the previous year. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell slightly to $58M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $60M, and then reduced in the following year.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 54.8 | 42.8 | 52.5 | 47.8 | -4.5% |
| Sweden | 0.5 | 1.2 | 4.6 | 7.4 | 145.5% |
| Others | 4.0 | 3.0 | 2.9 | 2.7 | -12.3% |
| Total | 59.4 | 47.1 | 60.0 | 57.9 | -0.8% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Norway in 2022:
- Germany (11.0K tons)
- Sweden (1.0K tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway
For the third consecutive year, Norway recorded decline in shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, which decreased by -36.3% to 2.8 tons in 2022. In general, exports recorded a dramatic slump.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s expanded to $94K in 2022. Overall, exports showed a precipitous setback.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 25.2 | 27.3 | 26.7 | 36.6 | 13.2% |
| Switzerland | N/A | N/A | N/A | 16.4 | 0% |
| Italy | 67.1 | 34.5 | 56.1 | 14.1 | -40.5% |
| Latvia | N/A | 2.6 | N/A | 13.0 | 123.6% |
| Germany | 131 | N/A | N/A | 7.1 | -62.2% |
| Czech Republic | N/A | N/A | N/A | 0.9 | 0% |
| Iceland | N/A | N/A | 0.9 | 0.8 | -11.1% |
| Denmark | N/A | 46.9 | N/A | 0.6 | -88.7% |
| United Kingdom | N/A | 0.8 | 5.7 | N/A | 612.5% |
| Others | 0.3 | 9.5 | 1.7 | 4.0 | 137.1% |
| Total | 224 | 122 | 91.1 | 93.6 | -25.2% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Norway in 2022:
- Sweden (834.0 kg)
- Italy (712.0 kg)
- Germany (555.0 kg)
- Latvia (315.0 kg)
- Czech Republic (74.0 kg)
- Switzerland (73.0 kg)
- Iceland (69.0 kg)
- Denmark (25.0 kg)
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