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

Contents:

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

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

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $20,332 per ton in 2022, which is down by -9.2% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 82% against the previous year. As a result, the export price reached the peak level of $24,304 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($168,226 per ton), while the average price for exports to the United States ($11,432 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 Mexico (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $25,010 per ton, shrinking by -15.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 51%. The import price peaked at $36,833 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($34,750 per ton), while the price for Canada ($5,190 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 (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third year in a row, Peru recorded decline in overseas shipments of copper; cast, moulded, stamped or forged, but not further worked, which decreased by -6.6% to 781 kg in 2022. Overall, exports saw a significant decline.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked shrank rapidly to $16K in 2022. In general, exports recorded a abrupt setback. The smallest decline of -7.5% was in 2020.

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

1. United States (607.0 kg)
2. Uruguay (99.0 kg)
3. Chile (36.0 kg)
4. Mexico (31.0 kg)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; cast, moulded, stamped or forged, but not further worked, when their volume decreased by -88% to 307 kg. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 303% against the previous year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked fell sharply to $7.7K in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 508% against the previous year.

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

1. China (111.0 kg)
2. Canada (63.0 kg)
3. United States (48.0 kg)
4. Italy (28.0 kg)
5. Turkey (21.0 kg)
6. Taiwan (Chinese) (17.0 kg)
7. Mexico (9.0 kg)

Source: IndexBox Market Intelligence Platform