Price for Copper; Refined and Copper Alloys, Unwrought in Paraguay - 2024

Contents:

1. Price for Copper; Refined and Copper Alloys, Unwrought in Paraguay (CIF) - 2022
2. Price for Copper; Refined and Copper Alloys, Unwrought in Paraguay (FOB) - 2022
3. Imports of Copper; Refined and Copper Alloys, Unwrought in Paraguay
4. Exports of Copper; Refined and Copper Alloys, Unwrought in Paraguay

Price for Copper; Refined and Copper Alloys, Unwrought in Paraguay (CIF) - 2022

In 2022, the average import price for copper; refined and copper alloys, unwroughts amounted to $16,207 per ton, waning by -65.4% against the previous year. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 182% against the previous year. As a result, import price attained the peak level of $46,799 per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($98,607 per ton), while the price for Brazil stood at $10,372 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Refined and Copper Alloys, Unwrought in Paraguay (FOB) - 2022

The average export price for copper; refined and copper alloys, unwroughts stood at $6,100 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2016 an increase of 1,400%. As a result, the export price reached the peak level of $57,915 per ton. From 2017 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 2014 to 2022, the rate of growth in terms of prices for China amounted to +6.8% per year.

Imports of Copper; Refined and Copper Alloys, Unwrought in Paraguay

In 2022, purchases abroad of copper; refined and copper alloys, unwroughts was finally on the rise to reach 22 tons after two years of decline. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; refined and copper alloys, unwroughts skyrocketed to $356K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Paraguay in 2022:

1. Brazil (20.4 tons)
2. United Kingdom (1.4 tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in Paraguay

In 2022, exports of copper; refined and copper alloys, unwroughts from Paraguay fell to 23 tons, which is down by -6.8% on the previous year's figure. Over the period under review, exports recorded a dramatic decrease.

In value terms, exports of copper; refined and copper alloys, unwroughts totaled $138K in 2022. The total export value increased at an average annual rate of +13.5% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Paraguay in 2022:

1. China (22.7 tons)

Source: IndexBox Market Intelligence Platform