Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador (CIF) - 2022
  2. Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador (CIF) - 2022

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $6,914 per ton, which is down by -3.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 30%. As a result, import price reached the peak level of $7,164 per ton, and then dropped in the following year.

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 China ($10,417 per ton), while the price for India ($1,527 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador

After three years of growth, overseas purchases of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -12% to 723 tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s dropped significantly to $5M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 81% against the previous year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,5483,4174,7993,85335.5%
Chile511238194388-8.8%
China5.5101120307282.2%
Argentina157155149142-3.3%
India53.271.062.014138.4%
Colombia50.119113490.321.7%
Italy12.613433333.238.1%
Others65.633.093.242.6-13.4%
Total2,4034,3415,8854,99827.6%

Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Ecuador in 2022:

  1. Peru (507.5 tons)
  2. India (92.5 tons)
  3. Chile (48.5 tons)
  4. China (29.5 tons)
  5. Argentina (25.5 tons)
  6. Colombia (10.7 tons)
  7. Italy (4.7 tons)

Source: IndexBox Market Intelligence Platform

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