Price for Copper; Powders and Flakes in Peru - 2021

Contents:

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

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

In 2022, the average copper; powders and flakes import price amounted to $15,973 per ton, growing by 10% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 57% against the previous year. The import price peaked at $16,639 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($36,950 per ton), while the price for the United States ($7,453 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average copper; powders and flakes export price amounted to $35,714 per ton, with an increase of 111% against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 2,890% against the previous year. As a result, the export price reached the peak level of $151,320 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -16.1% per year.

Imports of Copper; Powders and Flakes in Peru

In 2022, approx. 7.7 tons of copper; powders and flakeses were imported into Peru; picking up by 4.5% compared with the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year.

In value terms, copper; powders and flakes imports skyrocketed to $122K in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Brazil (4.0 tons)
2. Germany (1.6 tons)
3. China (1.5 tons)
4. United States (0.3 tons)
5. Italy (0.1 tons)
6. Mexico (0.1 tons)

Exports of Copper; Powders and Flakes in Peru

In 2022, exports of copper; powders and flakeses from Peru fell markedly to 21 kg, reducing by -99.9% on the previous year's figure. Over the period under review, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year.

In value terms, copper; powders and flakes exports reduced notably to $750 in 2022. Overall, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 4%. As a result, the exports reached the peak of $468K, and then contracted markedly in the following year.

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

1. Venezuela (21.0 kg)

Source: IndexBox Market Intelligence Platform