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

Contents:

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

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

The average export price for copper; copper-tin base alloys (bronze) unwroughts stood at $2,090 per ton in 2022, declining by -6.1% against the previous year. In general, the export price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 204%. As a result, the export price attained the peak level of $4,168 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,566 per ton), while the average price for exports to Malaysia ($115 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 (+4.3%), while the prices for the other major destinations experienced a decline.

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

The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $12,026 per ton in 2022, with an increase of 4.4% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% 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; copper-tin base alloys (bronze) unwroughts increased by +89.0% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33% against the previous year. The import price peaked 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 the United States ($13,451 per ton), while the price for China ($4,925 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 841 tons of copper; copper-tin base alloys (bronze) unwroughts were exported from Guatemala; jumping by 19% compared with the previous year's figure. Over the period under review, exports saw tangible growth. The pace of growth appeared the most rapid in 2021 with an increase of 153%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts reached $1.8M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

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

1. United States (232.2 tons)
2. China (52.4 tons)
3. Malaysia (32.0 tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; copper-tin base alloys (bronze) unwroughts, when their volume decreased by -36.4% to 90 tons. In general, imports showed a mild slump. The growth pace was the most rapid in 2020 with an increase of 33%.

In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts dropped rapidly to $1.1M in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, imports reached the peak of $1.6M, and then plummeted in the following year.

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

1. Spain (26.1 tons)
2. United States (18.1 tons)
3. China (0.7 tons)

Source: IndexBox Market Intelligence Platform