Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (CIF) - 2023
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (CIF) - 2023
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $10,624 per ton in June 2023, growing by 9.2% against the previous month. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices attained the maximum at $13,532 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to June 2023, the rate of growth in terms of prices for Italy amounted to +3.4% per month.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (FOB) - 2022
The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $10,848 per ton in 2022, with a decrease of -10.1% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 130% against the previous year. As a result, the export price attained the peak level of $12,069 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($19,041 per ton), while the average price for exports to Bolivia ($8,323 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 Brazil (+11.8%), 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 Argentina
In 2022, supplies from abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -24.5% to 505 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 380% against the previous year. As a result, imports reached the peak of 790 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s contracted to $4.6M in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 292%.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 397 | 2,172 | 2,943 | 2,552 | 85.9% |
| United States | 596 | 594 | 1,141 | 1,380 | 32.3% |
| Italy | 64.8 | 623 | 951 | 364 | 77.8% |
| Chile | 19.2 | 1,105 | 161 | 226 | 127.5% |
| Others | 75.9 | 29.2 | 16.1 | 53.0 | -11.3% |
| Total | 1,153 | 4,524 | 5,212 | 4,575 | 58.3% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Argentina in 2022:
- Brazil (309.6 tons)
- United States (120.0 tons)
- Italy (42.5 tons)
- Chile (28.4 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina
In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Argentina contracted notably to 6.4 tons, with a decrease of -22.9% against 2021 figures. In general, exports recorded a dramatic contraction.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s dropped notably to $69K in 2022. Over the period under review, exports continue to indicate a significant curtailment.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 96.0 | 58.3 | 84.2 | 33.0 | -29.9% |
| United States | N/A | N/A | N/A | 15.1 | 0% |
| Bolivia | 1.9 | 12.0 | 14.6 | 14.0 | 94.6% |
| Brazil | 1,886 | 383 | 0.7 | 6.9 | -84.6% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1,984 | 453 | 99.5 | 69.0 | -67.4% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Argentina in 2022:
- Uruguay (3.4 tons)
- Bolivia (1.7 tons)
- United States (1.0 tons)
- Brazil (0.4 tons)
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