Price for Refined Copper Tube and Pipe in Peru - 2021

Contents:

  1. Price for Refined Copper Tube and Pipe in Peru (CIF) - 2021
  2. Price for Refined Copper Tube and Pipe in Peru (FOB) - 2022
  3. Imports of Refined Copper Tube and Pipe in Peru
  4. Exports of Refined Copper Tube and Pipe in Peru

Price for Refined Copper Tube and Pipe in Peru (CIF) - 2021

The average import price for tubes and pipes of refined copper stood at $6,842 per ton in April 2020, with an increase of 7.5% against the previous month. Overall, the import price, however, saw a drastic downturn. The import price peaked at $8,044 per ton in January 2020; however, from February 2020 to April 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2020, the country with the highest price was Mexico ($6,699 per ton), while the price for China stood at $6,653 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Refined Copper Tube and Pipe in Peru (FOB) - 2022

In 2022, the average export price for tubes and pipes of refined copper amounted to $10,862 per ton, waning by -15.1% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 export price increased by +49.7% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 52%. The export price peaked at $12,794 per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($22,000 per ton), while the average price for exports to Chile ($3,250 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 Free Zones (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined Copper Tube and Pipe in Peru

In 2022, purchases abroad of tubes and pipes of refined copper increased by 4.6% to 706 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep reduction.

In value terms, refined copper tube and pipe imports dropped to $6.1M in 2022. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 33%.

Import of Refined Copper Tube and Pipe in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.12.14.113.6%
Mexico3.42.23.90.9-35.8%
Brazil0.90.30.30.3-30.7%
Chile0.20.10.10.1-20.6%
Others0.70.40.60.6-5.0%
Total7.95.26.96.1-8.3%

Top Suppliers of Refined Copper Tube and Pipe to Peru in 2022:

  1. China (491.3 tons)
  2. Mexico (98.0 tons)
  3. Brazil (39.2 tons)
  4. Chile (12.7 tons)

Exports of Refined Copper Tube and Pipe in Peru

Refined copper tube and pipe exports from Peru surged to 630 kg in 2022, increasing by 43% on 2021. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year. As a result, the exports attained the peak of 759 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, refined copper tube and pipe exports soared to $6.8K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 decreased by -15.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of $8K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Refined Copper Tube and Pipe in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia2.82.52.32.80.0%
Ecuador0.91.41.31.621.1%
Free Zones1.01.01.11.514.5%
Canada0.21.00.70.751.8%
Mexico0.10.1N/A0.10.0%
Chile0.10.10.10.10.0%
PanamaN/A2.0N/AN/A0%
Others0.10.10.10.10.0%
Total5.28.05.66.89.4%

Top Export Markets for Refined Copper Tube and Pipe from Peru in 2022:

  1. Ecuador (210.0 kg)
  2. Free Zones (170.0 kg)
  3. Colombia (128.0 kg)
  4. Canada (66.0 kg)
  5. Chile (32.0 kg)
  6. Mexico (17.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of refined copper - Peru