Price for Copper; Refined and Copper Alloys, Unwrought in Peru - 2022

Contents:

1. Price for Copper; Refined and Copper Alloys, Unwrought in Peru (FOB) - 2022
2. Price for Copper; Refined and Copper Alloys, Unwrought in Peru (CIF) - 2022
3. Exports of Copper; Refined and Copper Alloys, Unwrought in Peru
4. Imports of Copper; Refined and Copper Alloys, Unwrought in Peru

Price for Copper; Refined and Copper Alloys, Unwrought in Peru (FOB) - 2022

In 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $8,539 per ton, shrinking by -8.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $9,337 per ton, and then contracted in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($9,304 per ton) and the United States ($8,877 per ton), while the average price for exports to Taiwan (Chinese) ($8,271 per ton) and China ($8,351 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Refined and Copper Alloys, Unwrought in Peru (CIF) - 2022

The average import price for copper; refined and copper alloys, unwroughts stood at $13,530 per ton in 2022, increasing by 36% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; refined and copper alloys, unwroughts increased by +3.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 89%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($19,671 per ton), while the price for France ($10,748 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Refined and Copper Alloys, Unwrought in Peru

In 2022, exports of copper; refined and copper alloys, unwroughts from Peru skyrocketed to 291K tons, picking up by 19% compared with 2021 figures. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; refined and copper alloys, unwroughts rose markedly to $2.5B in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Peru in 2022:

1. China (155.0K tons)
2. United States (52.5K tons)
3. Brazil (43.3K tons)
4. Italy (25.8K tons)
5. South Korea (3.3K tons)

Imports of Copper; Refined and Copper Alloys, Unwrought in Peru

In 2022, the amount of copper; refined and copper alloys, unwroughts imported into Peru expanded remarkably to 77 tons, picking up by 5.3% against 2021 figures. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 129% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; refined and copper alloys, unwroughts soared to $1M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 127%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Peru in 2022:

1. United States (35.4 tons)
2. Spain (32.2 tons)
3. France (6.0 tons)
4. Netherlands (2.5 tons)

Source: IndexBox Market Intelligence Platform