Price for Refined Copper Tube and Pipe in Argentina - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Argentina (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Argentina (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Argentina
- Exports of Refined Copper Tube and Pipe in Argentina
Price for Refined Copper Tube and Pipe in Argentina (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,826 per ton in 2022, approximately reflecting the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +53.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $11,841 per ton, leveling off in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11,842 per ton), while the price for Mexico ($10,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Argentina (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $14,452 per ton in 2022, reducing by -18.8% against the previous year. Overall, the export price showed a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of 36% against the previous year. Over the period under review, the average export prices attained the maximum at $20,256 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($14,500 per ton), while the average price for exports to Bolivia ($8,800 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 (-1.7%), while the prices for the other major destinations experienced a decline.
Imports of Refined Copper Tube and Pipe in Argentina
After three years of growth, supplies from abroad of tubes and pipes of refined copper decreased by -11.4% to 4.5K tons in 2022. The total import volume increased at an average annual rate of +9.7% 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 2020 with an increase of 24% against the previous year.
In value terms, refined copper tube and pipe imports reduced to $54M in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports reached the peak of $61M, and then shrank in the following year.
| Import of Refined Copper Tube and Pipe in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 18.3 | 20.5 | 36.5 | 27.9 | 15.1% |
| China | 5.5 | 10.1 | 17.4 | 19.7 | 53.0% |
| Mexico | 1.2 | 1.8 | 3.2 | 2.5 | 27.7% |
| Others | 1.4 | 1.8 | 3.6 | 3.7 | 38.3% |
| Total | 26.5 | 34.2 | 60.7 | 53.7 | 26.5% |
Top Suppliers of Refined Copper Tube and Pipe to Argentina in 2022:
- Brazil (2.5K tons)
- China (1.7K tons)
- Mexico (0.2K tons)
Exports of Refined Copper Tube and Pipe in Argentina
Refined copper tube and pipe exports from Argentina skyrocketed to 1.3 tons in 2022, surging by 75% against the previous year. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 286% against the previous year. As a result, the exports reached the peak of 1.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined copper tube and pipe exports skyrocketed to $19K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 192%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Refined Copper Tube and Pipe in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 8.5 | 24.7 | 13.5 | 19.1 | 31.0% |
| Others | 0.2 | 0.5 | 0.3 | 0.4 | 26.0% |
| Total | 8.6 | 25.2 | 13.8 | 19.5 | 31.4% |
Top Export Markets for Refined Copper Tube and Pipe from Argentina in 2022:
- Chile (1334.0 kg)
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
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