Price for Copper; Powders and Flakes in Ecuador - 2022

Contents:

  1. Price for Copper; Powders and Flakes in Ecuador (CIF) - 2022
  2. Imports of Copper; Powders and Flakes in Ecuador

Price for Copper; Powders and Flakes in Ecuador (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $17,545 per ton, growing by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 Mexico ($53,274 per ton), while the price for Germany ($10,898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Ecuador

In 2022, approx. 4.5 tons of copper; powders and flakeses were imported into Ecuador; dropping by -25.9% on 2021 figures. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 6.1 tons, and then shrank dramatically in the following year.

In value terms, copper; powders and flakes imports reduced sharply to $80K in 2022. Over the period under review, imports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $98K, and then dropped remarkably in the following year.

Import of Copper; Powders and Flakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil29.633.340.538.28.9%
Colombia5.93.926.923.558.5%
Germany21.57.88.06.7-32.2%
Mexico2.62.31.86.233.6%
United States0.51.30.22.877.6%
China0.1N/AN/A1.7157.1%
Others23.115.620.50.6-70.4%
Total83.464.298.079.7-1.5%

Top Suppliers of Copper; Powders and Flakes to Ecuador in 2022:

  1. Brazil (2309.0 kg)
  2. Colombia (1251.0 kg)
  3. Germany (618.0 kg)
  4. China (125.0 kg)
  5. Mexico (117.0 kg)
  6. United States (96.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; powders and flakes - Ecuador