Price for Copper Tube or Pipe Fitting in Chile - 2023

Contents:

  1. Price for Copper Tube or Pipe Fitting in Chile (CIF) - 2022
  2. Price for Copper Tube or Pipe Fitting in Chile (FOB) - 2022
  3. Imports of Copper Tube or Pipe Fitting in Chile
  4. Exports of Copper Tube or Pipe Fitting in Chile

Price for Copper Tube or Pipe Fitting in Chile (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $14,437 per ton in 2022, rising by 3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 14%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($28,292 per ton), while the price for Brazil ($8,462 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Tube or Pipe Fitting in Chile (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $7,783 per ton, reducing by -54.6% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. The export price peaked at $30,719 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.4% per year.

Imports of Copper Tube or Pipe Fitting in Chile

In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper were finally on the rise to reach 217 tons after two years of decline. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper tube or pipe fitting imports surged to $3.1M in 2022. Overall, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper Tube or Pipe Fitting in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6178197602,73919.2%
United States56.453.130.614436.7%
Others34116388.0246-10.3%
Total2,0151,0358793,12815.8%

Top Suppliers of Copper Tube or Pipe Fitting to Chile in 2022:

  1. China (204.7 tons)
  2. United States (5.1 tons)

Exports of Copper Tube or Pipe Fitting in Chile

In 2022, copper tube or pipe fitting exports from Chile skyrocketed to 1.1 tons, picking up by 114% on 2021 figures. Over the period under review, exports, however, saw a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 1,908%.

In value terms, copper tube or pipe fitting exports declined slightly to $8.4K in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 2,004%.

Export of Copper Tube or Pipe Fitting in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru0.4N/AN/A8.4175.9%
Ecuador1.7N/AN/AN/A0%
Bolivia14.0N/A7.7N/A-25.8%
Others0.10.40.9N/A200.0%
Total16.10.48.68.4-19.5%

Top Export Markets for Copper Tube or Pipe Fitting from Chile in 2022:

  1. Peru (1.1 tons)

Source: IndexBox Market Intelligence Platform

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