Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $7,965 per ton, falling by -3.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $8,255 per ton, and then fell modestly in the following year.
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 Italy ($29,456 per ton), while the price for the UK ($5,789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+11.5%), 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 the United Arab Emirates (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,620 per ton in 2022, jumping by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($9,003 per ton), while the average price for exports to Maldives ($5,594 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 Azerbaijan (+12.7%), 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 the United Arab Emirates
Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into the United Arab Emirates contracted to 464 tons in 2022, which is down by -11.9% on the previous year. Overall, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s contracted to $3.7M in 2022. Over the period under review, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 71%.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 496 | 763 | 896 | 1,528 | 45.5% |
| China | 356 | 171 | 212 | 730 | 27.0% |
| United Kingdom | 1,316 | 648 | 1,906 | 656 | -20.7% |
| Italy | 191 | 85.9 | 499 | 603 | 46.7% |
| Turkey | 37.0 | 144 | 9.3 | 80.1 | 29.4% |
| Iran | 4,289 | 415 | N/A | N/A | -90.3% |
| Azerbaijan | 1,168 | 182 | 367 | N/A | -43.9% |
| Others | 350 | 129 | 459 | 99.5 | -34.2% |
| Total | 8,202 | 2,538 | 4,349 | 3,697 | -23.3% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to the United Arab Emirates in 2022:
- India (224.6 tons)
- United Kingdom (113.2 tons)
- China (86.3 tons)
- Italy (20.5 tons)
- Turkey (12.1 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s exported from the United Arab Emirates contracted markedly to 72 tons, falling by -89.9% against the year before. Over the period under review, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 896%. As a result, the exports attained the peak of 709 tons, and then dropped significantly in the following year.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reduced dramatically to $618K in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 733%. As a result, the exports attained the peak of $4.9M, and then shrank remarkably in the following year.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 244 | 46.0 | 24.3 | 501 | 27.1% |
| Oman | 509 | 544 | 121 | 89.0 | -44.1% |
| Maldives | 3.0 | N/A | 1.5 | 18.1 | 82.0% |
| Ghana | 33.8 | N/A | 11.9 | 0.8 | -71.3% |
| Lebanon | 316 | N/A | N/A | N/A | 0% |
| Mali | 99.0 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 4,708 | N/A | 0% |
| Others | 115 | 1.0 | 57.4 | 9.2 | -56.9% |
| Total | 1,320 | 591 | 4,925 | 618 | -22.4% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from the United Arab Emirates in 2022:
- India (55.6 tons)
- Oman (10.4 tons)
- Maldives (3.2 tons)
- Ghana (1.0 tons)
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