Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala - 2023

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (CIF) - 2022
  2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (FOB) - 2022
  3. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala
  4. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (CIF) - 2022

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $14,942 per ton in 2022, surging by 5.8% against the previous year. Overall, the import price showed a perceptible expansion. The pace of growth was the most pronounced in 2021 an increase of 85% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue 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 Taiwan (Chinese) ($34,230 per ton), while the price for South Korea ($10,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $18,000 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 426%. Over the period under review, the average export prices attained the peak figure at $62,303 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +1.0% per year.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; rivets, cotters, cotter-pins and similar articles, not threaded, when their volume decreased by -26.8% to 2.5 tons. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 5.7%. As a result, imports attained the peak of 3.4 tons, and then contracted significantly in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded fell notably to $37K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. As a result, imports reached the peak of $48K, and then fell notably in the following year.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2.21.52.69.764.0%
ChinaN/A6.48.99.018.6%
South Korea2.13.26.07.351.5%
United States8.46.39.06.5-8.2%
SwitzerlandN/AN/AN/A1.50%
Brazil1.50.64.71.2-7.2%
MexicoN/A0.61.10.5-8.7%
Colombia23.12.59.1N/A-37.2%
Others0.73.46.71.528.9%
Total38.124.648.137.2-0.8%

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Guatemala in 2022:

  1. China (847.0 kg)
  2. South Korea (731.0 kg)
  3. United States (451.0 kg)
  4. Taiwan (Chinese) (283.0 kg)
  5. Switzerland (81.0 kg)
  6. Brazil (48.0 kg)
  7. Mexico (22.0 kg)

Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala

Exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Guatemala contracted rapidly to 15 kg in 2022, shrinking by -16.7% on the previous year's figure. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 800% against the previous year.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded soared to $270 in 2022. In general, exports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 160%.

Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador120N/AN/A27031.0%
Honduras69987.0196N/A-47.0%
BelizeN/AN/A30.0N/A0%
OthersN/AN/AN/AN/A0%
Total81987.0226270-30.9%

Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Guatemala in 2022:

  1. El Salvador (15.0 kg)

Source: IndexBox Market Intelligence Platform

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