Venezuela - 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 Venezuela - 2022
Contents:
- Price for Copper Bar, Rod and Profile in Venezuela (CIF) - 2022
- Price for Copper Bar, Rod and Profile in Venezuela (FOB) - 2022
- Imports of Copper Bar, Rod and Profile in Venezuela
- Exports of Copper Bar, Rod and Profile in Venezuela
Price for Copper Bar, Rod and Profile in Venezuela (CIF) - 2022
In 2022, the average import price for copper bars, rods and profiles amounted to $13,036 per ton, dropping by -7.6% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bar, rod and profile import price decreased by -25.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $17,378 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($46,722 per ton), while the price for Belgium ($7,982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Bar, Rod and Profile in Venezuela (FOB) - 2022
In 2022, the average export price for copper bars, rods and profiles amounted to $7,382 per ton, increasing by 16% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 36% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +11.1% per year.
Imports of Copper Bar, Rod and Profile in Venezuela
Copper bar, rod and profile imports into Venezuela surged to 59 tons in 2022, with an increase of 137% on 2021. Overall, imports saw significant growth. 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 skyrocketed to $772K in 2022. Over the period under review, imports showed a significant increase. 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 39.8 | 33.1 | 29.2 | 219 | 76.5% |
| France | 31.9 | 42.2 | 83.1 | 148 | 66.8% |
| Mexico | 38.4 | 41.1 | 65.5 | 94.5 | 35.0% |
| China | 2.4 | 10.1 | 33.3 | 69.3 | 206.8% |
| Chile | 24.9 | 27.2 | 44.3 | 65.2 | 37.8% |
| Taiwan (Chinese) | 8.9 | 8.2 | 16.6 | 30.0 | 49.9% |
| Belgium | 8.6 | 10.0 | 17.3 | 27.1 | 46.6% |
| Others | 31.7 | 25.5 | 62.8 | 118 | 55.0% |
| Total | 186 | 197 | 352 | 772 | 60.7% |
Top Suppliers of Copper Bar, Rod and Profile to Venezuela in 2022:
- Colombia (15.5 tons)
- France (12.4 tons)
- Mexico (9.3 tons)
- Chile (7.6 tons)
- China (3.7 tons)
- Belgium (3.4 tons)
- Taiwan (Chinese) (1.8 tons)
Exports of Copper Bar, Rod and Profile in Venezuela
In 2022, after two years of decline, there was growth in shipments abroad of copper bars, rods and profiles, when their volume increased by 3.9% to 27 tons. Over the period under review, exports, however, recorded a dramatic decline.
In value terms, copper bar, rod and profile exports soared to $199K in 2022. Overall, exports, however, continue to indicate a dramatic descent.
| Export of Copper Bar, Rod and Profile in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 910 | 516 | 165 | 199 | -39.8% |
| Others | 2.0 | N/A | N/A | N/A | 0% |
| Total | 912 | 516 | 165 | 199 | -39.8% |
Top Export Markets for Copper Bar, Rod and Profile from Venezuela in 2022:
- Chile (27.0 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile in Venezuela. 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:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- 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
-
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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This report provides an in-depth analysis of the market for copper bar, rod and profile in Venezuela.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Venezuela.
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