Ecuador - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Copper Pipe and Fitting in Ecuador - 2022

Contents:

  1. Price for Copper Pipe and Fitting in Ecuador (CIF) - 2022
  2. Price for Copper Pipe and Fitting in Ecuador (FOB) - 2022
  3. Imports of Copper Pipe and Fitting in Ecuador
  4. Exports of Copper Pipe and Fitting in Ecuador

Price for Copper Pipe and Fitting in Ecuador (CIF) - 2022

In January 2022, the average copper pipe and fitting import price amounted to $11,194 per ton, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in June 2021 an increase of 27% month-to-month. As a result, import price reached the peak level of $11,882 per ton. From July 2021 to January 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2022, the highest price was recorded for prices from Mexico ($10,939 per ton) and the United States ($10,934 per ton), while the price for Peru ($9,116 per ton) and China ($10,667 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Pipe and Fitting in Ecuador (FOB) - 2022

In 2022, the average copper pipe and fitting export price amounted to $6,296 per ton, waning by -35.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $10,223 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($15,385 per ton), while the average price for exports to Bolivia ($3,462 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 Costa Rica (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Pipe and Fitting in Ecuador

In 2022, approx. 1.3K tons of copper tubes, pipes and fitting were imported into Ecuador; dropping by -8.8% against 2021 figures. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 21%.

In value terms, copper pipe and fitting imports shrank markedly to $13M in 2022. Overall, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $15M, and then reduced rapidly in the following year.

Import of Copper Pipe and Fitting in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico5.33.46.45.1-1.3%
China3.03.54.53.77.2%
United States1.41.31.71.52.3%
Italy0.50.40.60.50.0%
Australia0.10.20.20.226.0%
Peru0.20.10.20.20.0%
Others1.31.21.91.54.9%
Total11.910.015.412.72.2%

Top Suppliers of Copper Pipe and Fitting to Ecuador in 2022:

  1. Mexico (561.6 tons)
  2. China (431.3 tons)
  3. United States (123.0 tons)
  4. Italy (45.5 tons)
  5. Australia (24.4 tons)
  6. Peru (22.3 tons)

Exports of Copper Pipe and Fitting in Ecuador

In 2022, the amount of copper tubes, pipes and fitting exported from Ecuador skyrocketed to 14 tons, with an increase of 128% compared with 2021 figures. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting exports skyrocketed to $87K in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 147% against the previous year. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Copper Pipe and Fitting in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia4.01.41.627.690.4%
Panama16.414.040.827.118.2%
Peru3.60.21.021.180.3%
RussiaN/A4.9N/AN/A0%
ChinaN/A91.4N/AN/A0%
Aruba10.7N/AN/AN/A0%
Costa RicaN/AN/A7.9N/A0%
Others14.08.27.811.3-6.9%
Total48.612059.187.121.5%

Top Export Markets for Copper Pipe and Fitting from Ecuador in 2022:

  1. Bolivia (8.0 tons)
  2. Peru (3.6 tons)
  3. Panama (1.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper pipe and fitting in Ecuador. 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 24442630 - Copper tubes and pipes
  • Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves

Country coverage:

  • Ecuador

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ecuador
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Copper Tubes, Pipes And Fittings - Ecuador