Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay - 2023

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay (CIF) - 2022
  2. Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay

Price for Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay (CIF) - 2022

The average import price for copper; bars, rods and profiles, of refined coppers stood at $12,012 per ton in 2022, approximately reflecting the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +42.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 32%. As a result, import price reached the peak level of $12,157 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,080 per ton), while the price for Peru ($7,760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay

In 2022, imports of copper; bars, rods and profiles, of refined coppers into Uruguay skyrocketed to 64 tons, with an increase of 227% on the year before. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; bars, rods and profiles, of refined coppers skyrocketed to $766K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Bars, Rods and Profiles, of Refined Copper in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile45.485.010626279.4%
France26.110825.5259114.9%
Spain13.130.630.675.078.9%
Brazil11.723.023.870.682.1%
Turkey10.914.512.828.637.9%
United States1.02.33.421.6178.5%
Peru9.411.89.820.930.5%
Argentina0.510.718.46.0128.9%
Others3.96.46.622.779.9%
Total12229223776684.5%

Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Uruguay in 2022:

  1. Chile (26.2 tons)
  2. France (18.9 tons)
  3. Spain (6.3 tons)
  4. Brazil (4.9 tons)
  5. Peru (2.7 tons)
  6. Turkey (2.1 tons)
  7. United States (1.0 tons)
  8. Argentina (0.5 tons)

Source: IndexBox Market Intelligence Platform

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