Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala - 2023

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $11,697 per ton, increasing by 4.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 17% against the previous year. The import price peaked at $11,785 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($41,240 per ton), while the price for Mexico ($7,139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $9,770 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 135% against the previous year. As a result, the export price attained the peak level of $13,307 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($20,073 per ton), while the average price for exports to Costa Rica ($4,978 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 Honduras (+8.1%), 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 Guatemala

For the fourth year in a row, Guatemala recorded growth in supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 5.9% to 258 tons in 2022. The total import volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose rapidly to $3M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +48.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Guatemala in 2022:

1. China (139.0 tons)
2. United States (72.8 tons)
3. Mexico (22.7 tons)
4. Taiwan (Chinese) (5.2 tons)
5. India (4.5 tons)
6. Panama (0.1 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Guatemala

Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Guatemala surged to 22 tons in 2022, growing by 360% against the previous year's figure. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $212K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Guatemala in 2022:

1. Honduras (10.5 tons)
2. United States (3.5 tons)
3. Costa Rica (2.8 tons)
4. Ecuador (1.9 tons)
5. El Salvador (0.8 tons)
6. Nicaragua (0.8 tons)
7. Mexico (0.6 tons)
8. Belize (0.1 tons)

Source: IndexBox Market Intelligence Platform