Guatemala - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bar, Rod and Profile in Guatemala - 2023
Contents:
- Price for Copper Bar, Rod and Profile in Guatemala (FOB) - 2022
- Price for Copper Bar, Rod and Profile in Guatemala (CIF) - 2022
- Exports of Copper Bar, Rod and Profile in Guatemala
- Imports of Copper Bar, Rod and Profile in Guatemala
Price for Copper Bar, Rod and Profile in Guatemala (FOB) - 2022
In 2022, the average export price for copper bars, rods and profiles amounted to $958 per ton, waning by -5% against the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 115%. Over the period under review, the average export prices attained the peak figure at $2,281 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,571 per ton), while the average price for exports to Spain ($330 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 the United States (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Copper Bar, Rod and Profile in Guatemala (CIF) - 2022
The average import price for copper bars, rods and profiles stood at $9,896 per ton in 2022, picking up by 5.2% against the previous year. Overall, the import price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 60%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,139 per ton), while the price for China ($5,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Bar, Rod and Profile in Guatemala
In 2022, the amount of copper bars, rods and profiles exported from Guatemala amounted to 1.3K tons, growing by 1.8% on 2021. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% 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 +102.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, copper bar, rod and profile exports dropped to $1.2M in 2022. Over the period under review, exports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 64%.
| Export of Copper Bar, Rod and Profile in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.9 | 14.7 | 562 | 731 | 109.1% |
| United States | 388 | 233 | 413 | 252 | -13.4% |
| Brazil | N/A | N/A | 30.6 | 60.3 | 97.1% |
| Belgium | N/A | N/A | 52.9 | 30.2 | -42.9% |
| Ecuador | N/A | N/A | N/A | 22.6 | 0% |
| Malaysia | N/A | N/A | N/A | 15.1 | 0% |
| Netherlands | N/A | N/A | N/A | 14.9 | 0% |
| Hong Kong SAR | 609 | 223 | N/A | 7.8 | -76.6% |
| South Korea | 173 | 88.0 | 75.4 | 7.6 | -64.7% |
| Spain | N/A | N/A | N/A | 7.5 | 0% |
| India | 7.6 | 82.0 | 7.2 | 7.4 | -0.9% |
| Others | 114 | 133 | 124 | 67.1 | -16.2% |
| Total | 1,371 | 773 | 1,265 | 1,223 | -3.7% |
Top Export Markets for Copper Bar, Rod and Profile from Guatemala in 2022:
- China (617.9 tons)
- Brazil (180.4 tons)
- United States (160.3 tons)
- Belgium (89.1 tons)
- Ecuador (67.8 tons)
- Netherlands (44.3 tons)
- Malaysia (43.8 tons)
- Spain (22.8 tons)
- India (22.4 tons)
- Hong Kong SAR (7.7 tons)
- South Korea (7.3 tons)
Imports of Copper Bar, Rod and Profile in Guatemala
In 2022, copper bar, rod and profile imports into Guatemala skyrocketed to 118 tons, jumping by 17% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper bar, rod and profile imports surged to $1.2M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 +77.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Copper Bar, Rod and Profile in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 34.7 | 123 | 255 | 425 | 130.5% |
| United States | 235 | 283 | 275 | 218 | -2.5% |
| China | 51.4 | 4.7 | 37.6 | 147 | 41.9% |
| Chile | N/A | 49.9 | 97.0 | 91.3 | 35.3% |
| Brazil | 32.5 | 20.9 | 41.9 | 68.7 | 28.3% |
| Mexico | 34.6 | 165 | 59.3 | 56.4 | 17.7% |
| Colombia | 32.9 | 0.1 | N/A | 46.6 | 12.3% |
| India | 63.9 | 27.9 | N/A | 38.1 | -15.8% |
| Spain | 80.2 | 9.9 | 34.9 | 5.0 | -60.3% |
| Others | 90.0 | 90.0 | 144 | 69.2 | -8.4% |
| Total | 656 | 774 | 944 | 1,165 | 21.1% |
Top Suppliers of Copper Bar, Rod and Profile to Guatemala in 2022:
- Costa Rica (31.9 tons)
- China (27.3 tons)
- United States (25.7 tons)
- Chile (9.1 tons)
- Mexico (7.4 tons)
- Brazil (5.7 tons)
- Colombia (4.1 tons)
- India (1.6 tons)
- Spain (0.6 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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