Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania - 2023

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania (CIF) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania (FOB) - 2023
  3. Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania
  4. Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania (CIF) - 2022

The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $6,066 per ton in 2022, growing by 4.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $6,559 per ton in 2018; however, from 2019 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 France ($8,613 per ton), while the price for Bulgaria ($3,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), 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 Romania (FOB) - 2023

The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,061 per ton in November 2023, reducing by -9.2% against the previous month. Over the period under review, the export price saw a noticeable decline. The growth pace was the most rapid in March 2023 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices attained the peak figure at $11,173 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Israel ($38,479 per ton), while the average price for exports to Serbia amounted to $9,156 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+9.1%), 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 Romania

Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Romania expanded slightly to 1.1K tons in 2022, rising by 4.2% on the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +71.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s rose significantly to $6.9M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9192,0062,1552,78013.2%
Bulgaria24.67796591,697310.1%
Turkey20556.253679757.2%
Germany7438881,6267500.3%
France1712252142035.9%
Austria12511018617010.8%
Czech Republic224282477144-13.7%
Others411605507364-4.0%
Total3,8234,9506,3616,90521.8%

Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Romania in 2022:

  1. Bulgaria (438.7 tons)
  2. Italy (387.7 tons)
  3. Germany (112.5 tons)
  4. Turkey (95.0 tons)
  5. Czech Republic (34.9 tons)
  6. France (23.6 tons)
  7. Austria (14.5 tons)

Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania

Exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Romania expanded markedly to 210 tons in 2022, picking up by 10% on the year before. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s expanded markedly to $1.9M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 135% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1075541,0671,024112.3%
Hungary18471.131146836.5%
ItalyN/A3.51.5130509.4%
FranceN/A3.3127101453.2%
Serbia22.616.245.046.527.2%
Slovakia10013.457.735.2-29.4%
Israel10528.223.3N/A-52.9%
Others32.019.337.872.731.5%
Total5517091,6701,87950.5%

Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Romania in 2022:

  1. Germany (119.9 tons)
  2. Hungary (60.6 tons)
  3. France (7.5 tons)
  4. Italy (6.2 tons)
  5. Serbia (4.9 tons)
  6. Slovakia (4.0 tons)

Source: IndexBox Market Intelligence Platform

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