Copper; Master Alloys Price in Chile - 2023

Contents:

1. Copper; Master Alloys Price in Chile (CIF) - 2022
2. Copper; Master Alloys Price in Chile (FOB) - 2022
3. Copper; Master Alloys Imports in Chile
4. Copper; Master Alloys Exports in Chile

Copper; Master Alloys Price in Chile (CIF) - 2022

The average copper; master alloys import price stood at $6,841 per ton in 2022, picking up by 6% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; master alloys import price decreased by -17.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $9,260 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($10,770 per ton), while the price for the United States amounted to $5,394 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%).

Copper; Master Alloys Price in Chile (FOB) - 2022

The average copper; master alloys export price stood at $11,409 per ton in 2022, surging by 6.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 34%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($14,180 per ton), while the average price for exports to Peru totaled $9,562 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Copper; Master Alloys Imports in Chile

In 2022, the amount of copper; master alloyses imported into Chile surged to 104 tons, with an increase of 111% on 2021. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 469% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, copper; master alloys imports skyrocketed to $708K in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 344% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Copper; Master Alloys to Chile in 2022:

1. United States (77.4 tons)
2. South Korea (26.0 tons)

Copper; Master Alloys Exports in Chile

In 2022, overseas shipments of copper; master alloyses decreased by -87.5% to 2.5 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 8.1% against the previous year. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper; master alloys exports dropped dramatically to $29K in 2022. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of $215K, and then fell dramatically in the following year.

Top Export Markets for Copper; Master Alloys from Chile in 2022:

1. Peru (1.5 tons)
2. Uruguay (1.0 tons)

Source: IndexBox Market Intelligence Platform