Copper Springs Price in Venezuela - 2022

Contents:

1. Copper Springs Price in Venezuela (CIF) - 2022
2. Copper Springs Imports in Venezuela

Copper Springs Price in Venezuela (CIF) - 2022

In 2022, the average copper springs import price amounted to $122,956 per ton, increasing by 8.5% against the previous year. Overall, the import price recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 41%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($224,000 per ton), while the price for Panama ($1,738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper Springs Imports in Venezuela

In 2022, approx. 251 kg of copper springses were imported into Venezuela; approximately mirroring the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 0.4%.

In value terms, copper springs imports reached $31K in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper Springs to Venezuela in 2022:

1. Italy (199.0 kg)
2. Panama (42.0 kg)
3. China (5.0 kg)
4. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform