Copper; Master Alloys Price in Argentina - 2023
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Copper; Master Alloys Price in Argentina (CIF) - 2022
The average copper; master alloys import price stood at $11,118 per ton in 2022, picking up by 2.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 23%. Over the period under review, average import prices hit record highs at $11,441 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($12,721 per ton) and South Korea ($12,075 per ton), while the price for China ($10,829 per ton) and Brazil ($10,834 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper; Master Alloys Imports in Argentina
In 2022, supplies from abroad of copper; master alloyses decreased by -3.4% to 49 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of 50 tons, and then declined slightly in the following year.
In value terms, copper; master alloys imports reduced slightly to $541K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 143%. As a result, imports reached the peak of $548K, and then reduced in the following year.
| Import of Copper; Master Alloys in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 37.5 | 63.0 | 354 | 426 | 124.8% |
| Belgium | 0.5 | 2.5 | 8.2 | 68.0 | 414.3% |
| South Korea | N/A | N/A | N/A | 36.2 | 0% |
| China | 3.9 | 7.0 | 8.8 | 10.8 | 40.4% |
| Chile | 36.1 | 108 | 141 | N/A | 97.6% |
| United States | 15.7 | 22.1 | 21.9 | N/A | 18.1% |
| Others | 21.5 | 22.8 | 14.4 | 0.2 | -79.0% |
| Total | 115 | 226 | 548 | 541 | 67.6% |
Top Suppliers of Copper; Master Alloys to Argentina in 2022:
- Brazil (39.3 tons)
- Belgium (5.3 tons)
- South Korea (3.0 tons)
- China (1.0 tons)
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