Price for Copper Alloy Tube or Pipe Fitting in Argentina - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Argentina (CIF) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in Argentina (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in Argentina
- Exports of Copper Alloy Tube or Pipe Fitting in Argentina
Price for Copper Alloy Tube or Pipe Fitting in Argentina (CIF) - 2023
In June 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $13,335 per ton, with an increase of 20% against the previous month. In general, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in February 2023 an increase of 1,036% against the previous month. As a result, import price reached the peak level of $192K per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was India ($45,571 per ton), while the price for China ($12,017 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced a decline.
Price for Copper Alloy Tube or Pipe Fitting in Argentina (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $17,559 per ton, increasing by 24% against the previous year. Overall, the export price, however, recorded a pronounced slump. Over the period under review, the average export prices hit record highs at $24,848 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($64,828 per ton), while the average price for exports to Bolivia ($11,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Argentina
Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Argentina contracted to 1.8K tons in 2022, which is down by -4.9% compared with 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 86% against the previous year. As a result, imports attained the peak of 1.9K tons, and then reduced modestly in the following year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys rose to $24M in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Copper Alloy Tube or Pipe Fitting in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.1 | 8.6 | 19.2 | 19.5 | 24.5% |
| Italy | 1.1 | 1.5 | 1.7 | 1.7 | 15.6% |
| Others | 2.3 | 1.9 | 2.2 | 2.4 | 1.4% |
| Total | 13.5 | 12.0 | 23.1 | 23.6 | 20.5% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Argentina in 2022:
- China (1630.3 tons)
- Italy (68.2 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Argentina
In 2022, approx. 43 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Argentina; jumping by 26% on 2021 figures. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $749K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper Alloy Tube or Pipe Fitting in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 168 | 184 | 244 | 375 | 30.7% |
| Bolivia | 57.6 | 62.5 | 71.3 | 96.8 | 18.9% |
| Paraguay | 53.4 | 24.0 | 49.5 | 64.0 | 6.2% |
| Uruguay | 34.8 | 57.9 | 55.9 | 56.9 | 17.8% |
| Mexico | 75.1 | 29.2 | N/A | 53.9 | -10.5% |
| Chile | 39.7 | 25.6 | 22.9 | 37.1 | -2.2% |
| Brazil | 25.6 | 27.2 | 33.4 | 20.2 | -7.6% |
| Others | 38.7 | 11.3 | N/A | 44.6 | 4.8% |
| Total | 493 | 422 | 477 | 749 | 15.0% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Argentina in 2022:
- Colombia (27.0 tons)
- Bolivia (8.1 tons)
- Uruguay (2.4 tons)
- Paraguay (1.7 tons)
- Chile (1.0 tons)
- Mexico (0.8 tons)
- Brazil (0.7 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Argentina.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
