Market movement
In 2024, copper: tubes and pipes, of copper-zinc base alloys (brass) trade exhibited slight decline, with global flows reaching $560,077,685 and a three-year compound annual growth rate of -1.6% (five-year: +2.5%). The all-time peak of $1,016,709,770 was recorded in 2008; the current level is 45% 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 steady (-0.2% acceleration).
The World Trade Flows Characterization classifies copper: tubes and pipes, of copper-zinc base alloys (brass) as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
