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

Contents:

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

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

The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $9,525 per ton in November 2023, which is down by -10.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 21% against the previous month. Over the period under review, average import prices reached the peak figure at $12,730 per ton in June 2023; however, from July 2023 to November 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 Serbia.

From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +6.6% per month.

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

In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $12,653 per ton, rising by 24% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -25.7% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 88% against the previous year. The export price peaked at $17,025 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($32,737 per ton), while the average price for exports to Slovenia ($10,072 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 Italy (+26.6%), 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 Croatia

In 2022, overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -1.5% to 338 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 9.3%.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s contracted to $3M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +44.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of $3.1M, and then dropped in the following year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0001,0761,6141,0401.3%
Slovenia48544482978917.6%
Serbia35233837462120.8%
Italy12916612521518.6%
Austria53.689.114620055.1%
Greece54.839.754.010624.6%
Others41.01945.574.922.2%
Total2,1162,3473,1483,04712.9%

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

  1. Germany (107.8 tons)
  2. Slovenia (89.5 tons)
  3. Serbia (78.6 tons)
  4. Italy (23.8 tons)
  5. Austria (21.2 tons)
  6. Greece (11.6 tons)

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

For the third year in a row, Croatia recorded decline in shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s, which decreased by -27% to 16 tons in 2022. In general, exports recorded a sharp descent. The smallest decline of -23.8% was in 2020.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s dropped to $201K in 2022. Over the period under review, exports saw a significant decline.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia88.961.788.269.4-7.9%
AustriaN/AN/A0.245.822800.0%
Bosnia and Herzegovina52.060.855.945.0-4.7%
Germany97.541.929.717.3-43.8%
Slovenia28.214.837.715.7-17.7%
Poland46826910.43.2-81.0%
United Kingdom38.617.5N/AN/A-54.7%
Others25.425.7N/A4.1-45.6%
Total799492222201-36.9%

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

  1. Serbia (6.8 tons)
  2. Bosnia and Herzegovina (4.3 tons)
  3. Austria (2.3 tons)
  4. Slovenia (1.6 tons)
  5. Germany (0.7 tons)
  6. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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