Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $55,686 per ton in 2022, surging by 4.5% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 112%. As a result, import price reached the peak level of $58,617 per ton. From 2021 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 France ($128,805 per ton), while the price for Peru ($13,364 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 (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $5,000 per ton in 2022, waning by -16.7% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 74% against the previous year. The export price peaked at $34,024 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,000 per ton), while the average price for exports to Canada ($1,000 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 the United States (-7.1%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile

In 2022, purchases abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -9.1% to 21 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 189% against the previous year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced slightly to $1.2M in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 513%.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Chile in 2022:

1. Peru (6.0 tons)
2. France (3.2 tons)
3. United States (3.2 tons)
4. China (3.2 tons)
5. Finland (2.2 tons)
6. Italy (1.5 tons)
7. India (0.7 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Chile

In 2022, exports of copper; cast, moulded, stamped or forged, but not further worked from Chile fell remarkably to 5 kg, with a decrease of -37.5% against the previous year. Overall, exports showed a sharp decline.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked fell sharply to $25 in 2022. In general, exports continue to indicate a dramatic shrinkage.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Chile in 2022:

1. United States (1.0 kg)
2. Brazil (1.0 kg)
3. Mexico (1.0 kg)
4. Canada (1.0 kg)
5. Uruguay (1.0 kg)

Source: IndexBox Market Intelligence Platform