Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama - 2024
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (CIF) - 2022
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $10,184 per ton in 2022, waning by -17.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $12,325 per ton, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($18,108 per ton), while the price for China ($9,298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (FOB) - 2022
The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $7,636 per ton in 2022, waning by -42% against the previous year. Overall, the export price, however, showed moderate growth. The growth pace was the most rapid in 2020 when the average export price increased by 173% against the previous year. As a result, the export price attained the peak level of $28,249 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +34.9% per year.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver imported into Panama surged to 99 tons, increasing by 43% compared with the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $1M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 56% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 110 | 28.7 | 168 | 666 | 82.3% |
| Free Zones | 18.2 | 117 | 185 | 196 | 120.8% |
| Mexico | 235 | 321 | 202 | 84.4 | -28.9% |
| United States | 24.3 | 125 | 215 | 33.2 | 11.0% |
| Brazil | 34.0 | 0.5 | 1.8 | 2.3 | -59.3% |
| India | N/A | 134 | N/A | N/A | 0% |
| Others | 50.7 | 8.0 | 76.3 | 22.0 | -24.3% |
| Total | 472 | 735 | 847 | 1,004 | 28.6% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Panama in 2022:
- China (71.6 tons)
- Free Zones (19.3 tons)
- Mexico (4.7 tons)
- United States (2.2 tons)
- Brazil (0.1 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama
In 2022, approx. 3.4 tons of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver were exported from Panama; rising by 89% compared with the year before. In general, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 558%.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver expanded sharply to $26K in 2022. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 207%.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 3.7 | 0.6 | 0.3 | 25.7 | 90.8% |
| Dominica | 1.5 | N/A | N/A | N/A | 0% |
| Aruba | 17.4 | N/A | N/A | N/A | 0% |
| Guatemala | 4.6 | 1.0 | 0.4 | N/A | -70.5% |
| Guyana | 1.9 | N/A | 21.5 | N/A | 236.4% |
| Honduras | 14.0 | N/A | N/A | N/A | 0% |
| Jamaica | 1.2 | 0.8 | 1.4 | N/A | 8.0% |
| Others | 2.1 | 5.4 | 0.1 | 0.2 | -54.3% |
| Total | 46.3 | 7.7 | 23.7 | 26.0 | -17.5% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Panama in 2022:
- Costa Rica (3.4 tons)
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