Price for Copper Alloy Tube or Pipe Fitting in Venezuela - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Venezuela (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in Venezuela (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in Venezuela
- Exports of Copper Alloy Tube or Pipe Fitting in Venezuela
Price for Copper Alloy Tube or Pipe Fitting in Venezuela (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $8,414 per ton, which is down by -9.4% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $19,471 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Italy ($46,800 per ton), while the price for China ($4,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in Venezuela (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $18,449 per ton in 2022, rising by 4.9% against the previous year. In general, the export price recorded a modest expansion. The pace of growth appeared the most rapid in 2019 an increase of 72%. The export price peaked at $24,582 per ton in 2013; however, from 2014 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 Colombia ($28,667 per ton), while the average price for exports to Panama ($12,560 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 Costa Rica (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Venezuela
In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Venezuela surged to 59 tons, increasing by 27% compared with the previous year's figure. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 139%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys skyrocketed to $493K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 171% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Copper Alloy Tube or Pipe Fitting in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.7 | 37.8 | 131 | 178 | 141.1% |
| Iran | 35.7 | 88.6 | 105 | 126 | 52.3% |
| Panama | 14.6 | 57.2 | 54.1 | 52.0 | 52.7% |
| Ecuador | 14.6 | 36.1 | 42.7 | 51.3 | 52.0% |
| United States | 4.3 | 15.6 | 16.7 | 3.5 | -6.6% |
| Others | 25.4 | 56.1 | 78.0 | 82.0 | 47.8% |
| Total | 107 | 291 | 428 | 493 | 66.4% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Venezuela in 2022:
- China (39.8 tons)
- Iran (6.8 tons)
- Ecuador (5.4 tons)
- Panama (4.2 tons)
- United States (0.2 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Venezuela
Exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Venezuela contracted to 314 kg in 2022, which is down by -14% against the previous year's figure. Over the period under review, exports saw a deep slump.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped to $5.8K in 2022. In general, exports showed a drastic downturn. The smallest decline of -2.1% was in 2020.
| Export of Copper Alloy Tube or Pipe Fitting in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 1.1 | 1.6 | 1.4 | -8.0% |
| Colombia | 2.0 | 1.2 | 1.6 | 1.3 | -13.4% |
| Panama | 2.0 | 1.1 | 1.4 | 1.1 | -18.1% |
| Ecuador | 0.8 | 0.6 | 1.0 | 1.1 | 11.2% |
| Costa Rica | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
| Dominican Republic | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Paraguay | N/A | 1.9 | N/A | N/A | 0% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 7.3 | 7.1 | 6.4 | 5.8 | -7.4% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Venezuela in 2022:
- Panama (84.0 kg)
- United States (69.0 kg)
- Ecuador (61.0 kg)
- Colombia (45.0 kg)
- Costa Rica (42.0 kg)
- Dominican Republic (13.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Venezuela.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
