Copper: bars, rods and profiles, of copper-zinc base alloys (brass)

In 2024, copper: bars, rods and profiles, of copper-zinc base alloys (brass) trade exhibited modest growth, with global flows reaching $2,534,451,275 and a three-year compound annual growth rate of -9.2% (five-year: +2.7%). The all-time peak of $3,388,856,893 was recorded in 2021; the current level is 25% 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 (-9.1% acceleration).

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

The supply side is diversified (Herfindahl-Hirschman Index 0.113). The three largest exporters — Germany ($642.0M), Italy ($396.3M), and South Korea ($245.0M) — collectively dominate supply flows. The leading exporter has grown at -9.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.044). The three largest import markets are Italy ($234.6M), China ($223.5M), and Germany ($210.0M). The largest importing market sources from 38 different supplying countries.

Estimated substitution elasticity: -26.32. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Germany → Italy at $135.1M, representing 57.6% of the importer's total demand.

The volatility score for copper: bars, rods and profiles, of copper-zinc base alloys (brass) is 12 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, modest but steady demand provides a reasonable entry window. 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.