Brazil - Refined Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Copper Price in Brazil - 2023
Contents:
- Refined Copper Price in Brazil (CIF) - 2023
- Refined Copper Price in Brazil (FOB) - 2023
- Refined Copper Imports in Brazil
- Refined Copper Exports in Brazil
Refined Copper Price in Brazil (CIF) - 2023
The average refined copper import price stood at $8,534 per ton in July 2023, growing by 2.7% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 6.9% against the previous month. As a result, import price reached the peak level of $8,989 per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Chile ($8,558 per ton), while the price for Peru stood at $8,392 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.2%).
Refined Copper Price in Brazil (FOB) - 2023
In July 2023, the average refined copper export price amounted to $8,105 per ton, stabilizing at the previous month. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in May 2023 an increase of 4,028% m-o-m. As a result, the export price reached the peak level of $349K per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From August 2022 to July 2023, the rate of growth in terms of prices for China amounted to +0.9% per month.
Refined Copper Imports in Brazil
After three years of growth, purchases abroad of refined copper (unwrought, not alloyed) decreased by -3.6% to 229K tons in 2022. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 238K tons, and then shrank slightly in the following year.
In value terms, refined copper imports contracted to $2B in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 83%. As a result, imports reached the peak of $2.2B, and then fell in the following year.
| Import of Refined Copper in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 849 | 1,007 | 1,833 | 1,572 | 22.8% |
| Peru | 178 | 182 | 330 | 422 | 33.3% |
| Others | 34.1 | 0.9 | 19.9 | 7.9 | -38.6% |
| Total | 1,061 | 1,190 | 2,183 | 2,001 | 23.6% |
Top Suppliers of Refined Copper to Brazil in 2022:
- Chile (181.7K tons)
- Peru (47.0K tons)
Refined Copper Exports in Brazil
Refined copper exports from Brazil declined dramatically to 935 tons in 2022, with a decrease of -96.5% on 2021 figures. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year.
In value terms, refined copper exports fell remarkably to $10M in 2022. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 137%.
| Export of Refined Copper in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 262 | 88.7 | 71.4 | 4.2 | -74.8% |
| Singapore | 4.9 | N/A | N/A | 3.4 | -11.5% |
| Switzerland | 2.3 | N/A | 4.3 | 1.9 | -6.2% |
| Germany | N/A | N/A | 102 | 0.5 | -99.5% |
| South Korea | 25.4 | 15.3 | 19.2 | N/A | -13.1% |
| United States | N/A | N/A | 50.3 | N/A | 0% |
| Others | 3.0 | N/A | 0.1 | 0.1 | -67.8% |
| Total | 298 | 104 | 247 | 10.1 | -67.6% |
Top Export Markets for Refined Copper from Brazil in 2022:
- China (430.6 tons)
- Singapore (249.8 tons)
- Switzerland (199.5 tons)
- Germany (50.4 tons)
This report provides an in-depth analysis of the copper market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24441330 - Unwrought unalloyed refined copper (excluding rolled, e xtruded or forged sintered products)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the copper market in Brazil.
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This report provides an in-depth analysis of the global copper market.
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This report provides an in-depth analysis of the unwrought copper alloy market in Brazil.
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Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
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This report provides an in-depth analysis of the global copper market.
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This report provides an in-depth analysis of the global copper market.
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In January 2023, there was a significant rate of growth with a 42% month-to-month increase in imports. The value of refined copper imports reached $175M in August 2023.
222
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
2297
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
220
In January 2023, there was a significant rate of growth with a 42% month-to-month increase in imports. The value of refined copper imports reached $175M in August 2023.
222
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
2297
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
