Price for Copper; Powders and Flakes in Guatemala - 2023

Contents:

1. Price for Copper; Powders and Flakes in Guatemala (CIF) - 2022
2. Price for Copper; Powders and Flakes in Guatemala (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Guatemala
4. Exports of Copper; Powders and Flakes in Guatemala

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

In 2022, the average copper; powders and flakes import price amounted to $15,416 per ton, with an increase of 6% against the previous year. In general, the import price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked at $22,313 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($20,927 per ton), while the price for Germany ($8,636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Powders and Flakes in Guatemala (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $7,000 per ton, with a decrease of -82.1% against the previous year. Over the period under review, the export price faced a sharp descent. Over the period under review, the average export prices attained the peak figure at $39,000 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($10,000 per ton), while the average price for exports to El Salvador stood at $1,000 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (-62.5%).

Imports of Copper; Powders and Flakes in Guatemala

In 2022, overseas purchases of copper; powders and flakeses decreased by -1.4% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.

In value terms, copper; powders and flakes imports rose to $56K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (1587.0 kg)
2. Mexico (1171.0 kg)
3. United Kingdom (796.0 kg)
4. United States (85.0 kg)

Exports of Copper; Powders and Flakes in Guatemala

In 2022, the amount of copper; powders and flakeses exported from Guatemala soared to 3 kg, jumping by 200% compared with the year before. Overall, exports, however, continue to indicate a abrupt contraction.

In value terms, copper; powders and flakes exports reduced sharply to $21 in 2022. In general, exports, however, showed a dramatic decrease.

Top Export Markets for Copper; Powders and Flakes from Guatemala in 2022:

1. El Salvador (1.0 kg)
2. Malaysia (1.0 kg)

Source: IndexBox Market Intelligence Platform