Price for Copper Tube or Pipe Fitting in Ecuador - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Ecuador (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Ecuador (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Ecuador
- Exports of Copper Tube or Pipe Fitting in Ecuador
Price for Copper Tube or Pipe Fitting in Ecuador (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $11,652 per ton in January 2022, reducing by -33.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2021 when the average import price increased by 1,089% month-to-month. The import price peaked at $17,797 per ton in October 2021; however, from November 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($65,086 per ton), while the price for China ($4,212 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Mexico (+30.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Tube or Pipe Fitting in Ecuador (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $10,927 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2016 an increase of 118% against the previous year. The export price peaked at $33,859 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($13,675 per ton), while the average price for exports to Panama amounted to $10,464 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+7.9%).
Imports of Copper Tube or Pipe Fitting in Ecuador
In 2022, approx. 94 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were imported into Ecuador; declining by -7.4% against the previous year's figure. In general, imports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 6.4%. As a result, imports reached the peak of 102 tons, and then reduced in the following year.
In value terms, copper tube or pipe fitting imports declined to $1.1M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $1.2M, and then dropped in the following year.
| Import of Copper Tube or Pipe Fitting in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 677 | 603 | 815 | 656 | -1.0% |
| China | 113 | 310 | 261 | 232 | 27.1% |
| Mexico | 126 | 26.0 | 79.5 | 103 | -6.5% |
| Chile | 1.5 | 4.9 | 7.0 | 42.1 | 203.9% |
| Taiwan (Chinese) | 2.2 | 2.8 | 2.4 | 2.9 | 9.6% |
| Others | 167 | 81.1 | 36.2 | 77.8 | -22.5% |
| Total | 1,086 | 1,028 | 1,200 | 1,114 | 0.9% |
Top Suppliers of Copper Tube or Pipe Fitting to Ecuador in 2022:
- United States (41.5 tons)
- China (28.6 tons)
- Mexico (10.5 tons)
- Chile (7.0 tons)
- Taiwan (Chinese) (1.4 tons)
Exports of Copper Tube or Pipe Fitting in Ecuador
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper exported from Ecuador shrank rapidly to 873 kg, waning by -49.5% compared with the year before. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 12,250%. As a result, the exports attained the peak of 1.7 tons, and then reduced dramatically in the following year.
In value terms, copper tube or pipe fitting exports fell dramatically to $9.5K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 6,999%. As a result, the exports attained the peak of $19K, and then declined dramatically in the following year.
| Export of Copper Tube or Pipe Fitting in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 4.0 | N/A | 10.9 | 7.4 | 22.8% |
| Bolivia | 1.3 | N/A | N/A | 2.1 | 17.3% |
| Costa Rica | N/A | N/A | 7.9 | N/A | 0% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 5.3 | 0.3 | 18.8 | 9.5 | 21.5% |
Top Export Markets for Copper Tube or Pipe Fitting from Ecuador in 2022:
- Panama (703.0 kg)
- Bolivia (157.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Ecuador.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
