Price for Copper Alloy Tube or Pipe Fitting in Chile - 2024

Price for Copper Alloy Tube or Pipe Fitting in Chile (CIF) - 2024

In January 2024, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $13,701 per ton, growing by 11% against the previous month. Over the period from February 2023 to January 2024, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in October 2023 when the average import price increased by 31% month-to-month. The import price peaked at $14,704 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($19,022 per ton), while the price for China stood at $12,320 per ton.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Alloy Tube or Pipe Fitting in Chile (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $25,332 per ton in 2022, shrinking by -22.5% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 231% against the previous year. The export price peaked at $32,690 per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($71,142 per ton), while the average price for exports to Peru ($10,460 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 China (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Chile

Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Chile dropped dramatically to 1.4K tons in 2022, waning by -21.4% against the previous year. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 32%.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys contracted to $20M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports attained the peak of $23M, and then shrank in the following year.

Import of Copper Alloy Tube or Pipe Fitting in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	17.5	11.4	20.0	17.0	-1.0%
Italy	0.8	0.4	0.7	0.6	-9.1%
Mexico	N/A	N/A	0.2	0.5	150.0%
Others	2.2	2.0	2.2	2.1	-1.5%
Total	20.6	13.7	23.2	20.3	-0.5%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Chile in 2022:

China (1257.0 tons)
Mexico (29.5 tons)
Italy (28.3 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Chile

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys exported from Chile reduced sharply to 2.6 tons, falling by -29.8% compared with the previous year. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 9.4%.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys reduced dramatically to $66K in 2022. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year.

Export of Copper Alloy Tube or Pipe Fitting in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	16.0	3.1	0.5	16.7	1.4%
Ecuador	22.0	42.7	36.3	14.9	-12.2%
Bolivia	20.4	1.6	52.0	11.5	-17.4%
Mexico	N/A	1.5	N/A	9.2	147.7%
Argentina	17.9	N/A	2.3	8.9	-20.8%
Brazil	4.3	N/A	N/A	3.8	-4.0%
Anguilla	12.9	N/A	N/A	N/A	0%
Hong Kong SAR	66.1	N/A	N/A	N/A	0%
United States	1.5	14.6	28.7	N/A	337.4%
Others	3.2	15.3	2.1	1.3	-25.9%
Total	164	78.8	122	66.4	-26.0%