Sulphates; of Copper Price in Colombia - 2022

Contents:

  1. Sulphates; of Copper Price in Colombia (CIF) - 2022
  2. Sulphates; of Copper Price in Colombia (FOB) - 2022
  3. Sulphates; of Copper Imports in Colombia
  4. Sulphates; of Copper Exports in Colombia

Sulphates; of Copper Price in Colombia (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $2,577 per ton, falling by -11.7% against the previous year. In general, 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 46% against the previous year. As a result, import price reached the peak level of $2,918 per ton, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($3,399 per ton) and Germany ($2,847 per ton), while the price for Peru ($2,487 per ton) and Mexico ($2,679 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.1%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Copper Price in Colombia (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $3,346 per ton, rising by 9% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper export price decreased by -3.6% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 74%. The export price peaked at $3,470 per ton in 2020; however, from 2021 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 Ecuador ($3,916 per ton), while the average price for exports to Guatemala ($2,421 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 Ecuador (-0.7%), while the prices for the other major destinations experienced a decline.

Sulphates; of Copper Imports in Colombia

In 2022, approx. 747 tons of sulphates; of coppers were imported into Colombia; falling by -20% compared with the previous year's figure. Overall, imports showed a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 66%. As a result, imports attained the peak of 933 tons, and then contracted rapidly in the following year.

In value terms, sulphates; of copper imports declined significantly to $1.9M in 2022. In general, imports, however, posted a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 142%. As a result, imports attained the peak of $2.7M, and then declined dramatically in the following year.

Import of Sulphates; of Copper in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,4278222,2941,6214.3%
Mexico22.217.815110768.9%
Germany90.910913595.21.6%
Italy54.046.670.049.4-2.9%
Russia47.385.0N/AN/A79.7%
Others60.545.272.651.6-5.2%
Total1,7021,1262,7221,9244.2%

Top Suppliers of Sulphates; of Copper to Colombia in 2022:

  1. Peru (651.9 tons)
  2. Mexico (39.8 tons)
  3. Germany (33.4 tons)
  4. Italy (14.5 tons)

Sulphates; of Copper Exports in Colombia

Sulphates; of copper exports from Colombia surged to 253 tons in 2022, with an increase of 62% on the previous year's figure. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 80% against the previous year. As a result, the exports attained the peak of 350 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphates; of copper exports soared to $847K in 2022. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sulphates; of Copper in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5431,0402307119.4%
Ecuador13.510820810799.4%
Guatemala13.365.740.630.031.1%
South Korea100N/AN/AN/A0%
Others0.8N/A1.3N/A27.5%
Total6711,2144818478.1%

Top Export Markets for Sulphates; of Copper from Colombia in 2022:

  1. United States (213.7 tons)
  2. Ecuador (27.2 tons)
  3. Guatemala (12.4 tons)

Source: IndexBox Market Intelligence Platform

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