Price for Copper Tube or Pipe Fitting in Peru - 2021
Contents:
- Price for Copper Tube or Pipe Fitting in Peru (CIF) - 2021
- Price for Copper Tube or Pipe Fitting in Peru (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Peru
- Exports of Copper Tube or Pipe Fitting in Peru
Price for Copper Tube or Pipe Fitting in Peru (CIF) - 2021
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $14,973 per ton in April 2020, waning by -4.7% against the previous month. Over the last three-month period, it increased at an average monthly rate of +3.1%. The growth pace was the most rapid in March 2020 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $15,711 per ton, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($19,437 per ton), while the price for China ($11,936 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Italy (+102.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Peru (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $14,354 per ton, growing by 76% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 79% against the previous year. The export price peaked at $17,940 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($74,000 per ton), while the average price for exports to Chile ($6,864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Peru
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Peru fell notably to 61 tons, reducing by -15.9% on the previous year. The total import volume increased at an average annual rate of +3.6% over the period 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 46%. As a result, imports reached the peak of 73 tons, and then declined sharply in the following year.
In value terms, copper tube or pipe fitting imports dropped sharply to $870K in 2022. In general, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports reached the peak of $1.1M, and then dropped sharply in the following year.
| Import of Copper Tube or Pipe Fitting in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 253 | 201 | 300 | 308 | 6.8% |
| South Korea | 63.5 | 156 | 136 | 148 | 32.6% |
| Mexico | 114 | 65.0 | 137 | 135 | 5.8% |
| Italy | 52.8 | 59.9 | 72.6 | 77.5 | 13.6% |
| United States | 162 | 167 | 321 | 69.6 | -24.5% |
| Spain | 9.1 | 0.1 | 0.4 | 18.0 | 25.5% |
| Others | 109 | 38.4 | 84.1 | 114 | 1.5% |
| Total | 764 | 688 | 1,051 | 870 | 4.4% |
Top Suppliers of Copper Tube or Pipe Fitting to Peru in 2022:
- China (26.6 tons)
- Mexico (11.1 tons)
- South Korea (8.9 tons)
- Italy (7.1 tons)
- United States (2.4 tons)
- Spain (2.2 tons)
Exports of Copper Tube or Pipe Fitting in Peru
In 2022, approx. 277 kg of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from Peru; increasing by 433% compared with the year before. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 506% against the previous year. As a result, the exports reached the peak of 509 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, copper tube or pipe fitting exports skyrocketed to $4K in 2022. In general, exports recorded a significant expansion.
| Export of Copper Tube or Pipe Fitting in Peru (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 318 | 2,387 | 178 | 1,311 | 60.3% |
| Mexico | 415 | 1,392 | 12.0 | 1,222 | 43.3% |
| Panama | 207 | 1,361 | 89.0 | 577 | 40.7% |
| Dominican Republic | 8.0 | 507 | 60.0 | 370 | 259.0% |
| Colombia | 172 | 1,458 | 72.0 | 335 | 24.9% |
| Bolivia | 114 | 422 | 8.0 | 161 | 12.2% |
| Ecuador | 104 | N/A | 3.0 | N/A | -83.0% |
| Others | 169 | N/A | 3.0 | N/A | -86.7% |
| Total | 1,507 | 7,527 | 425 | 3,976 | 38.2% |
Top Export Markets for Copper Tube or Pipe Fitting from Peru in 2022:
- Chile (191.0 kg)
- Mexico (34.0 kg)
- Panama (27.0 kg)
- Colombia (15.0 kg)
- Dominican Republic (5.0 kg)
- Bolivia (5.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Peru.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
