Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama (CIF) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $6,554 per ton, jumping by 31% against the previous year. Overall, the import price showed a slight increase. The growth pace was the most rapid in 2018 an increase of 100% against the previous year. The import price peaked at $6,871 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($20,659 per ton), while the price for Spain ($3,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama
In 2022, after two years of decline, there was significant growth in overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, when their volume increased by 135% to 7.3 tons. Overall, imports, however, showed a precipitous descent.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $48K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 12.9 | 7.6 | 4.3 | 23.9 | 22.8% |
| United States | 1.3 | 0.1 | 0.2 | 5.4 | 60.7% |
| Italy | 5.8 | 1.2 | 0.9 | 3.5 | -15.5% |
| Free Zones | 7.1 | 2.2 | 0.4 | 3.4 | -21.8% |
| China | 0.6 | 1.3 | 0.6 | 3.0 | 71.0% |
| Colombia | 0.5 | 0.4 | 0.4 | 2.9 | 79.7% |
| Spain | 13.5 | 1.3 | 0.7 | 0.7 | -62.7% |
| India | N/A | N/A | 6.9 | N/A | 0% |
| Others | 6.9 | 3.7 | 1.2 | 5.2 | -9.0% |
| Total | 48.6 | 17.9 | 15.6 | 48.0 | -0.4% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Panama in 2022:
- Costa Rica (4092.0 kg)
- United States (997.0 kg)
- China (750.0 kg)
- Italy (350.0 kg)
- Colombia (292.0 kg)
- Spain (224.0 kg)
- Free Zones (164.0 kg)
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