Copper: copper-zinc base alloys (brass) unwrought

In 2024, copper: copper-zinc base alloys (brass) unwrought trade exhibited slight decline, with global flows reaching $1,538,083,100 and a three-year compound annual growth rate of -7.5% (five-year: +12.6%). The all-time peak of $1,942,463,340 was recorded in 2021; the current level is 21% below that high-water mark.

Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-15.4% acceleration).

The World Trade Flows Characterization classifies copper: copper-zinc base alloys (brass) unwrought as "Two-way horizontal trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.042). The three largest exporters — South Korea ($129.1M), Canada ($128.0M), and Poland ($93.4M) — collectively dominate supply flows. The leading exporter has grown at -2.3% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.303). The three largest import markets are China ($825.4M), United States ($130.3M), and Lithuania ($68.9M). The largest importing market sources from 84 different supplying countries.

Estimated substitution elasticity: -39.13. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Canada → United States at $127.2M, representing 97.6% of the importer's total demand.

The volatility score for copper: copper-zinc base alloys (brass) unwrought is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.