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

Contents:

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

Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Ecuador (FOB) - 2022

In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $5,248 per ton, increasing by 2.2% against the previous year. Over the period under review, export price indicated a mild 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, export price for copper; copper-tin base alloys (bronze) unwroughts increased by +47.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,800 per ton), while the average price for exports to Colombia ($2,557 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 Panama (+61.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for copper; copper-tin base alloys (bronze) unwroughts amounted to $12,266 per ton, picking up by 19% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($20,733 per ton), while the price for Australia ($4,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 1.6K tons of copper; copper-tin base alloys (bronze) unwroughts were exported from Ecuador; surging by 13% on 2021. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts surged to $8.5M in 2022. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 93%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. China (569.3 tons)
2. Hong Kong SAR (137.5 tons)
3. Germany (57.1 tons)
4. Panama (41.2 tons)
5. United States (32.4 tons)
6. South Korea (25.4 tons)
7. Malaysia (20.6 tons)

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

In 2022, imports of copper; copper-tin base alloys (bronze) unwroughts into Ecuador totaled 93 tons, growing by 7% compared with 2021. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts skyrocketed to $1.1M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

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

1. Spain (27.0 tons)
2. New Zealand (10.1 tons)
3. Australia (3.4 tons)
4. Peru (3.3 tons)
5. United States (1.9 tons)
6. France (1.4 tons)
7. Finland (1.1 tons)
8. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform