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

Contents:

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

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

In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,712 per ton, picking up by 75% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($36,000 per ton), while the average price for exports to Turkey totaled $8,708 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+29.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $8,858 per ton in 2022, waning by -36.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 27% against the previous year. The import price peaked at $13,876 per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,731 per ton), while the price for Turkey ($6,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 1.6K tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were exported from Iran; with a decrease of -17.7% on the previous year. Overall, exports recorded a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 158% against the previous year. As a result, the exports reached the peak of 1.9K tons, and then shrank notably in the following year.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s skyrocketed to $14M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 143%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.94.09.613.926.3%
China0.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.64.09.613.922.3%

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

  1. Turkey (1597.2 tons)

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

In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s imported into Iran dropped rapidly to 648 kg, which is down by -81.2% against the year before. Over the period under review, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 75%.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s dropped dramatically to $5.7K in 2022. Overall, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 117%.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.42.122.03.1-65.8%
Germany4.816.2N/A2.5-19.5%
Turkey0.61.11.60.2-30.7%
Russia87.8N/AN/AN/A0%
AustriaN/AN/A14.8N/A0%
OthersN/A2.69.3N/A257.7%
Total17122.047.75.7-67.8%

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

  1. Germany (337.0 kg)
  2. China (286.0 kg)
  3. Turkey (25.0 kg)

Source: IndexBox Market Intelligence Platform

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