Price for Copper; Bars, Rods and Profiles, of Refined Copper in Panama - 2024
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Panama (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Panama (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Panama
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Panama
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Panama (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $4,737 per ton, increasing by 32% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of refined coppers increased by +88.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 68%. The import price peaked at $6,018 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($20,431 per ton), while the price for India ($2,460 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 (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Panama (FOB) - 2022
The average export price for copper; bars, rods and profiles, of refined coppers stood at $7,349 per ton in 2020, remaining stable against the previous year. In general, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 259% against the previous year. As a result, the export price attained the peak level of $8,741 per ton. From 2014 to 2020, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2020, amid the top suppliers, the countries with the highest prices were Venezuela ($7,353 per ton) and Nicaragua ($7,351 per ton), while the average price for exports to Costa Rica ($7,348 per ton) and Guatemala ($7,348 per ton) were amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Panama
In 2022, approx. 86 tons of copper; bars, rods and profiles, of refined coppers were imported into Panama; with an increase of 33% against 2021. In general, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 201%.
In value terms, imports of copper; bars, rods and profiles, of refined coppers skyrocketed to $408K in 2022. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 157%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Copper; Bars, Rods and Profiles, of Refined Copper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.0 | 19.8 | 62.8 | 150 | 35.7% |
| India | 165 | N/A | 70.7 | 117 | -10.8% |
| China | 18.4 | 31.7 | 90.2 | 81.9 | 64.5% |
| Free Zones | N/A | 0.8 | N/A | 43.3 | 635.7% |
| Chile | N/A | 23.7 | N/A | N/A | 0% |
| Others | 3.1 | 14.3 | 8.5 | 15.6 | 71.4% |
| Total | 247 | 90.3 | 232 | 408 | 18.2% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Panama in 2022:
- India (47.6 tons)
- China (26.0 tons)
- United States (9.1 tons)
- Free Zones (2.1 tons)
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Panama
In 2020, the amount of copper; bars, rods and profiles, of refined coppers exported from Panama surged to 14 tons, with an increase of 2,822% on the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of refined coppers skyrocketed to $100K in 2020. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Refined Copper in Panama (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Costa Rica | N/A | 50.2 | 0% |
| Guatemala | N/A | 39.4 | 0% |
| Venezuela | 1.2 | 4.3 | 258.3% |
| Nicaragua | N/A | 2.3 | 0% |
| Dominican Republic | 2.2 | N/A | 0% |
| Others | N/A | 3.9 | 0% |
| Total | 3.4 | 100 | 2841.2% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Panama in 2022:
- Costa Rica (6.8 tons)
- Guatemala (5.4 tons)
- Venezuela (0.6 tons)
- Nicaragua (0.3 tons)
67
This report provides an in-depth analysis of the market for copper bar, rod and profile in Panama.
129
This report provides an in-depth analysis of the market for copper bars, wire and plates in Panama.
378
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
428
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
67
This report provides an in-depth analysis of the market for copper bar, rod and profile in Panama.
129
This report provides an in-depth analysis of the market for copper bars, wire and plates in Panama.
519
Global Copper And Copper Articles Market Report 2018. This report provides an in-depth analysis of the global market for copper and copper articles.
378
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
428
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
123
Explore the top import markets for copper bar, rod, and profile based on data from the IndexBox market intelligence platform.
337
Explore the top import markets for copper bars, wire, and plates, including the United States, China, Italy, Germany, and more. Discover key statistics and import values from 2022. Find growth opportunities in the global copper industry.
1456
In value terms, copper bars, rods and profiles imports totaled $X in 2016. Overall, copper bars, rods and profiles imports continue to indicate a deep descent. Over the period under review, global ...
1446
In value terms, copper wire imports amounted to $X in 2016. Overall, copper wire imports continue to indicate a drastic reduction. Global copper wire import peaked of $X in 2011; however, from X>
1232
In value terms, copper stranded wire and cables imports amounted to $X in 2016. In general, copper stranded wire and cables imports continue to indicate a relatively flat trend pattern. Over the pe...
1244
In value terms, copper bars, rods and profiles exports stood at $X in 2016. Overall, copper bars, rods and profiles exports continue to indicate a drastic slump. Global copper bars, rods and profil...
1526
In value terms, copper wire exports amounted to $X in 2016. In general, copper wire exports continue to indicate a abrupt reduction. Global copper wire export peaked of $X in 2011; however, from X>
855
In value terms, copper stranded wire and cables exports stood at $X in 2016. In general, copper stranded wire and cables exports continue to indicate a relatively flat trend pattern. Global copper ...
1551
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>
123
Explore the top import markets for copper bar, rod, and profile based on data from the IndexBox market intelligence platform.
