Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt (FOB) - 2023
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,321 per ton, growing by 13% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($8,440 per ton) and Japan ($8,321 per ton), while the price for Belgium ($8,320 per ton) and China ($8,321 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), 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 Egypt (FOB) - 2023
In January 2023, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,246 per ton, approximately equating the previous month. Over the period under review, the export price recorded tangible growth. The growth pace was the most rapid in October 2022 an increase of 12% m-o-m. The export price peaked in January 2023.
As there is only one major export destination, the average price level is determined by prices for China.
From September 2022 to January 2023, the rate of growth in terms of prices for China amounted to +2.8% per month.
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt
In 2022, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Egypt fell remarkably to 918 tons, shrinking by -37.5% on the previous year. Over the period under review, imports, however, saw pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of 1.5K tons, and then fell remarkably in the following year.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reduced sharply to $7.6M in 2022. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 145%. As a result, imports attained the peak of $11M, and then reduced dramatically in the following year.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.4 | 1.1 | 2.5 | 3.9 | 113.6% |
| Turkey | 2.6 | 2.5 | 0.8 | 2.1 | -6.9% |
| Japan | N/A | N/A | 0.3 | 1.4 | 366.7% |
| China | 0.2 | 0.4 | N/A | 0.1 | -20.6% |
| Germany | 1.3 | N/A | 2.1 | N/A | 27.1% |
| United Arab Emirates | N/A | N/A | 4.7 | N/A | 0% |
| Others | 0.1 | 0.4 | 0.4 | 0.1 | 0.0% |
| Total | 4.6 | 4.4 | 10.8 | 7.6 | 18.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Egypt in 2022:
- Italy (470.5 tons)
- Turkey (256.3 tons)
- Japan (166.3 tons)
- China (9.6 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt
In 2022, the amount of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s exported from Egypt surged to 115 tons, with an increase of 207% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $949K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 143 | N/A | 949 | 157.6% | |
| Italy | N/A | 24.4 | N/A | 0% | |
| Palestine | N/A | 94.3 | N/A | 0% | |
| Others | N/A | 158 | N/A | 0% | |
| Total | 143 | 277 | 949 | 157.6% | |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Egypt in 2022:
- China (115.1 tons)
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