Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile - 2024

Contents:

1. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile (CIF) - 2022
2. Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile (FOB) - 2023
3. Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile
4. Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile (CIF) - 2022

In 2022, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $14,035 per ton, rising by 35% against the previous year. Over the period under review, the import price posted a moderate expansion. The growth pace was the most rapid in 2020 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Portugal ($21,448 per ton), while the price for China ($8,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile (FOB) - 2023

In October 2023, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $10,050 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in October 2023.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From November 2022 to October 2023, the rate of growth in terms of prices for Colombia amounted to +0.5% per month.

Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile

For the third consecutive year, Chile recorded decline in purchases abroad of copper; copper-tin base alloys (bronze) unwroughts, which decreased by -57.9% to 95 tons in 2022. In general, imports showed a sharp slump. The smallest decline of -1.8% was in 2021.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts fell significantly to $1.3M in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of $2.3M, and then dropped markedly in the following year.

Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Chile in 2022:

1. Spain (33.3 tons)
2. Portugal (5.5 tons)
3. China (5.4 tons)
4. Mexico (1.7 tons)

Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Chile

Exports of copper; copper-tin base alloys (bronze) unwroughts from Chile shrank modestly to 80 tons in 2022, remaining constant against the previous year. Overall, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 100%.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts soared to $754K in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 112%.

Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Chile in 2022:

1. Colombia (40.0 tons)

Source: IndexBox Market Intelligence Platform