Price for Refined Copper Tube and Pipe in Panama - 2024
Contents:
- Price for Refined Copper Tube and Pipe in Panama (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Panama (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Panama
- Exports of Refined Copper Tube and Pipe in Panama
Price for Refined Copper Tube and Pipe in Panama (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $10,165 per ton in 2022, increasing by 14% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($12,237 per ton) and Free Zones ($10,843 per ton), while the price for Mexico ($9,765 per ton) and China ($10,573 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Panama (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $7,852 per ton in 2022, which is down by -44.2% against the previous year. In general, the export price saw a perceptible decrease. The growth pace was the most rapid in 2016 an increase of 84%. As a result, the export price attained the peak level of $14,701 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($17,962 per ton), while the average price for exports to Costa Rica ($7,423 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 Suriname (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Panama
In 2022, imports of tubes and pipes of refined copper into Panama soared to 378 tons, with an increase of 30% compared with the year before. Overall, imports, however, faced a drastic downturn.
In value terms, refined copper tube and pipe imports surged to $3.8M in 2022. In general, imports, however, recorded a relatively flat trend pattern.
| Import of Refined Copper Tube and Pipe in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3,133 | 1,506 | 2,070 | 2,447 | -7.9% |
| China | 414 | 265 | 254 | 959 | 32.3% |
| Free Zones | 35.2 | 61.8 | 116 | 187 | 74.5% |
| United States | 192 | 28.4 | 119 | 182 | -1.8% |
| Others | 66.0 | 21.5 | 15.3 | 63.9 | -1.1% |
| Total | 3,840 | 1,883 | 2,575 | 3,838 | -0.0% |
Top Suppliers of Refined Copper Tube and Pipe to Panama in 2022:
- Mexico (250.6 tons)
- China (90.7 tons)
- Free Zones (17.2 tons)
- United States (14.8 tons)
Exports of Refined Copper Tube and Pipe in Panama
In 2022, the amount of tubes and pipes of refined copper exported from Panama soared to 11 tons, with an increase of 575% against the previous year. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe exports soared to $87K in 2022. Over the period under review, exports continue to indicate a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Copper Tube and Pipe in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 7.6 | N/A | N/A | 78.6 | 117.9% |
| Ecuador | N/A | N/A | 2.7 | 3.9 | 44.4% |
| Dominican Republic | 15.0 | N/A | 18.0 | 3.3 | -39.6% |
| Bolivia | N/A | 67.2 | N/A | N/A | 0% |
| Aruba | 46.6 | 3.3 | 0.6 | N/A | -88.7% |
| Guatemala | 4.4 | 0.2 | 1.9 | N/A | -34.3% |
| Belize | 2.2 | N/A | N/A | N/A | 0% |
| Others | 2.8 | N/A | N/A | 1.7 | -15.3% |
| Total | 78.6 | 70.7 | 23.2 | 87.5 | 3.6% |
Top Export Markets for Refined Copper Tube and Pipe from Panama in 2022:
- Costa Rica (10.6 tons)
- Ecuador (0.3 tons)
- Dominican Republic (0.2 tons)
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In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
952
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
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