Price for Copper Plates, Sheets and Strip in Argentina - 2023

Contents:

  1. Price for Copper Plates, Sheets and Strip in Argentina (CIF) - 2022
  2. Price for Copper Plates, Sheets and Strip in Argentina (FOB) - 2022
  3. Imports of Copper Plates, Sheets and Strip in Argentina
  4. Exports of Copper Plates, Sheets and Strip in Argentina

Price for Copper Plates, Sheets and Strip in Argentina (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $11,329 per ton in 2022, increasing by 18% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip import price increased by +66.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($12,682 per ton) and Germany ($11,771 per ton), while the price for Turkey ($10,476 per ton) and Brazil ($11,119 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Argentina (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $12,397 per ton in 2022, falling by -5.9% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip export price increased by +3.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 42%. The export price peaked at $14,295 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($13,958 per ton), while the average price for exports to Australia ($866 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 Brazil (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Copper Plates, Sheets and Strip in Argentina

In 2022, copper plates, sheets and strip imports into Argentina dropped remarkably to 1.6K tons, which is down by -32.5% compared with 2021 figures. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +13.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of 2.3K tons, and then shrank markedly in the following year.

In value terms, copper plates, sheets and strip imports shrank notably to $18M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. As a result, imports attained the peak of $23M, and then dropped notably in the following year.

Import of Copper Plates, Sheets and Strip in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil8.08.119.815.223.9%
Mexico1.00.91.41.514.5%
Peru0.1N/A0.20.571.0%
TurkeyN/A0.10.20.373.2%
Germany0.80.40.60.1-50.0%
Others0.10.20.40.344.2%
Total10.19.722.617.921.0%

Top Suppliers of Copper Plates, Sheets and Strip to Argentina in 2022:

  1. Brazil (1367.9 tons)
  2. Mexico (120.9 tons)
  3. Peru (41.5 tons)
  4. Turkey (25.6 tons)
  5. Germany (10.2 tons)

Exports of Copper Plates, Sheets and Strip in Argentina

In 2022, the amount of copper plates, sheets and strips exported from Argentina soared to 20 tons, growing by 39% compared with the year before. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 25 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper plates, sheets and strip exports surged to $242K in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, the exports reached the peak of $298K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Copper Plates, Sheets and Strip in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1261671181618.5%
Uruguay22.230.313.621.6-0.9%
France15.620.614.619.98.5%
Germany8.410.36.78.40.0%
Chile18.042.711.96.7-28.1%
Guatemala2.73.62.53.59.0%
Brazil5.55.23.43.0-18.3%
Panama2.02.41.51.9-1.7%
Australia1.21.00.50.4-30.7%
Others26.115.412.515.4-16.1%
Total2282981852422.0%

Top Export Markets for Copper Plates, Sheets and Strip from Argentina in 2022:

  1. India (11.5 tons)
  2. Uruguay (2.4 tons)
  3. France (1.6 tons)
  4. Chile (1.1 tons)
  5. Guatemala (0.6 tons)
  6. Australia (0.5 tons)
  7. Panama (0.5 tons)
  8. Germany (0.4 tons)
  9. Brazil (0.3 tons)

Source: IndexBox Market Intelligence Platform

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