Chile - Copper Bars, Wire And Plates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bars, Wire and Plates in Chile - 2023
Contents:
- Price for Copper Bars, Wire and Plates in Chile (FOB) - 2023
- Price for Copper Bars, Wire and Plates in Chile (CIF) - 2023
- Exports of Copper Bars, Wire and Plates in Chile
- Imports of Copper Bars, Wire and Plates in Chile
Price for Copper Bars, Wire and Plates in Chile (FOB) - 2023
The average export price for copper bars, wire and plates stood at $8,774 per ton in August 2023, approximately equating the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 5.1% month-to-month. Over the period under review, the average export prices reached the maximum at $9,346 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In August 2023, the countries with the highest prices were Argentina ($8,825 per ton) and the United States ($8,789 per ton), while the average price for exports to Mexico ($8,528 per ton) and Brazil ($8,708 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper Bars, Wire and Plates in Chile (CIF) - 2023
The average import price for copper bars, wire and plates stood at $7,407 per ton in August 2023, shrinking by -5.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 63% m-o-m. As a result, import price reached the peak level of $15,033 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($10,291 per ton), while the price for South Korea ($5,900 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Bars, Wire and Plates in Chile
In 2022, the amount of copper bars, wire and plates exported from Chile expanded notably to 42K tons, increasing by 8.6% on 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, copper bars, wire and plates exports amounted to $384M in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 144% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Copper Bars, Wire and Plates in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 33.8 | 53.6 | 117 | 140 | 60.6% |
| Brazil | 50.7 | 46.5 | 88.4 | 72.5 | 12.7% |
| Costa Rica | N/A | 10.0 | 65.3 | 65.1 | 155.1% |
| Colombia | 11.1 | 14.4 | 46.7 | 51.0 | 66.2% |
| Panama | 0.1 | 0.1 | N/A | 17.2 | 456.1% |
| Mexico | 4.5 | 5.1 | 10.7 | 15.7 | 51.7% |
| United States | 1.6 | 0.7 | 5.8 | 10.2 | 85.4% |
| South Korea | 4.3 | 5.3 | 5.1 | 4.9 | 4.5% |
| Others | 7.8 | 9.1 | 14.9 | 7.6 | -0.9% |
| Total | 114 | 145 | 354 | 384 | 49.9% |
Top Export Markets for Copper Bars, Wire and Plates from Chile in 2022:
- Argentina (14.7K tons)
- Brazil (8.0K tons)
- Costa Rica (7.1K tons)
- Colombia (5.4K tons)
- Mexico (2.0K tons)
- Panama (1.8K tons)
- United States (1.2K tons)
- South Korea (0.6K tons)
Imports of Copper Bars, Wire and Plates in Chile
In 2022, after three years of growth, there was significant decline in overseas purchases of copper bars, wire and plates, when their volume decreased by -22.5% to 2.5K tons. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +21.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of 3.3K tons, and then shrank significantly in the following year.
In value terms, copper bars, wire and plates imports contracted to $24M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $24M, and then dropped slightly in the following year.
| Import of Copper Bars, Wire and Plates in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.5 | 5.1 | 6.6 | 5.6 | 17.0% |
| South Korea | 1.4 | 1.7 | 2.8 | 5.2 | 54.9% |
| China | 1.6 | 1.4 | 4.8 | 3.7 | 32.2% |
| Peru | 2.4 | 4.4 | 3.4 | 3.5 | 13.4% |
| Spain | 0.7 | 0.5 | 1.4 | 2.2 | 46.5% |
| Mexico | 0.7 | 1.0 | 0.9 | 0.9 | 8.7% |
| Germany | 1.3 | 0.6 | 0.6 | 0.7 | -18.6% |
| Turkey | 1.4 | 0.1 | 0.5 | 0.5 | -29.1% |
| Others | 1.6 | 2.1 | 3.1 | 1.3 | -6.7% |
| Total | 14.7 | 16.7 | 24.2 | 23.5 | 16.9% |
Top Suppliers of Copper Bars, Wire and Plates to Chile in 2022:
- South Korea (703.8 tons)
- Brazil (625.6 tons)
- Peru (379.8 tons)
- China (335.4 tons)
- Spain (225.2 tons)
- Mexico (80.5 tons)
- Germany (61.7 tons)
- Turkey (45.4 tons)
This report provides an in-depth analysis of the market for copper bars, wire and plates in Chile. 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)
- Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
- Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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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In value terms, copper bars, rods and profiles imports totaled $X in 2016. Overall, copper bars, rods and profiles imports continue to indicate a deep descent. Over the period under review, global ...
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In value terms, copper wire imports amounted to $X in 2016. Overall, copper wire imports continue to indicate a drastic reduction. Global copper wire import peaked of $X in 2011; however, from X>
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In value terms, copper stranded wire and cables imports amounted to $X in 2016. In general, copper stranded wire and cables imports continue to indicate a relatively flat trend pattern. Over the pe...
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In value terms, copper bars, rods and profiles exports stood at $X in 2016. Overall, copper bars, rods and profiles exports continue to indicate a drastic slump. Global copper bars, rods and profil...
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In value terms, copper wire exports amounted to $X in 2016. In general, copper wire exports continue to indicate a abrupt reduction. Global copper wire export peaked of $X in 2011; however, from X>
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In value terms, copper stranded wire and cables exports stood at $X in 2016. In general, copper stranded wire and cables exports continue to indicate a relatively flat trend pattern. Global copper ...
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Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
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Explore the top import markets for copper bars, wire, and plates, including the United States, China, Italy, Germany, and more. Discover key statistics and import values from 2022. Find growth opportunities in the global copper industry.
