Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (CIF) - 2023
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $12,639 per ton in June 2023, surging by 3.2% against the previous month. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 1,162% against the previous month. As a result, import price attained the peak level of $205K per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($45,571 per ton), while the price for China ($11,457 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced a decline.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $17,559 per ton, increasing by 24% against the previous year. Overall, the export price, however, continues to indicate a perceptible shrinkage. The export price peaked at $25,207 per ton in 2012; however, from 2013 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 Mexico ($64,828 per ton), while the average price for exports to Bolivia ($11,976 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 Chile (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina
In 2022, approx. 2K tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Argentina; falling by -2% against the previous year. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of 2.1K tons, and then reduced modestly in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose sharply to $26M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 92% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 9.2 | 20.3 | 21.3 | 25.4% |
| Italy | 1.1 | 1.5 | 1.7 | 1.8 | 17.8% |
| Others | 2.7 | 2.0 | 2.5 | 3.0 | 3.6% |
| Total | 14.5 | 12.8 | 24.5 | 26.1 | 21.6% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Argentina in 2022:
- China (1827.6 tons)
- Italy (72.0 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina
In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Argentina skyrocketed to 43 tons, increasing by 26% compared with the previous year's figure. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $749K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 168 | 184 | 244 | 375 | 30.7% |
| Bolivia | 57.6 | 62.5 | 71.3 | 96.8 | 18.9% |
| Paraguay | 53.4 | 25.2 | 49.5 | 64.0 | 6.2% |
| Uruguay | 34.8 | 58.2 | 55.9 | 56.9 | 17.8% |
| Mexico | 75.1 | 29.2 | N/A | 53.9 | -10.5% |
| Chile | 39.7 | 25.6 | 22.9 | 37.1 | -2.2% |
| Brazil | 25.6 | 27.2 | 33.4 | 20.2 | -7.6% |
| Others | 38.7 | 11.3 | N/A | 44.6 | 4.8% |
| Total | 493 | 423 | 477 | 749 | 15.0% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Argentina in 2022:
- Colombia (27.0 tons)
- Bolivia (8.1 tons)
- Uruguay (2.4 tons)
- Paraguay (1.7 tons)
- Chile (1.0 tons)
- Mexico (0.8 tons)
- Brazil (0.7 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Argentina.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
