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

Contents:

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

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

The average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $3,040 per ton in 2022, dropping by -10.6% against the previous year. In general, the export price recorded a noticeable slump. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. As a result, the export price attained the peak level of $5,467 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to 0.0% per year.

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

The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $3,767 per ton in 2022, falling by -11% against the previous year. Over the period under review, import price indicated a slight expansion 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 +37.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 66% against the previous year. As a result, import price attained the peak level of $6,439 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($27,591 per ton), while the price for the United Arab Emirates ($745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+14.5%), 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 Tanzania

In 2022, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s from Tanzania skyrocketed to 104 tons, increasing by 2,081,500% compared with 2021 figures. Overall, exports recorded 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 soared to $316K in 2022. In general, exports posted a significant expansion. As a result, the exports attained 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 Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A3120%
Others0.1N/AN/A4.4253.0%
Total0.1N/AN/A3161367.4%

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

  1. China (104.0 tons)

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

Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Tanzania contracted significantly to 9.3 tons in 2022, waning by -38.7% on the year before. In general, imports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by 139%. As a result, imports attained the peak of 15 tons, and then dropped significantly in the following year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s reduced markedly to $35K in 2022. Overall, imports, however, showed a temperate expansion. The pace of growth was the most pronounced in 2021 with an increase of 269%. As a result, imports reached the peak of $64K, and then fell remarkably in the following year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel4.82.710.67.918.1%
United Kingdom2.51.57.75.630.8%
Germany4.52.617.35.46.3%
India2.31.416.85.231.2%
Turkey3.70.74.33.80.9%
United Arab Emirates1.42.30.82.927.5%
China4.11.00.31.4-30.1%
South Africa3.21.34.00.8-37.0%
Others3.93.92.32.1-18.6%
Total30.317.464.034.94.8%

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

  1. United Arab Emirates (3.9 tons)
  2. India (2.2 tons)
  3. United Kingdom (1.6 tons)
  4. Turkey (0.4 tons)
  5. Germany (0.4 tons)
  6. Israel (0.3 tons)
  7. China (0.3 tons)
  8. South Africa (0.1 tons)

Source: IndexBox Market Intelligence Platform

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