Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela - 2022
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (CIF) - 2022
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (FOB) - 2022
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (CIF) - 2022
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $34,907 per ton in 2022, with a decrease of -5.3% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 84%. The import price peaked at $36,859 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($85,737 per ton), while the price for the United States ($32,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (FOB) - 2022
In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $1,049 per ton, falling by -43.3% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 129%. As a result, the export price reached the peak level of $7,338 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -7.4% per year.
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela
In 2022, purchases abroad of copper; copper-tin base alloys (bronze) unwroughts was finally on the rise to reach 452 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a drastic downturn.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts totaled $16K in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 7.4 | 7.2 | 7.9 | 1.7% |
| United States | 4.3 | 5.1 | 6.7 | 6.3 | 13.6% |
| Spain | 1.3 | 1.5 | 1.8 | 1.6 | 7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.1 | 13.9 | 15.7 | 15.8 | 6.4% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Venezuela in 2022:
- Germany (239.0 kg)
- United States (194.0 kg)
- Spain (19.0 kg)
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela
For the third year in a row, Venezuela recorded decline in overseas shipments of copper; copper-tin base alloys (bronze) unwroughts, which decreased by -34.2% to 6.9 tons in 2022. Overall, exports recorded a significant curtailment. The smallest decline of -7.3% was in 2020.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts reduced notably to $7.3K in 2022. In general, exports showed a dramatic descent. The smallest decline of -37.2% was in 2020.
| Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 26.3 | 52.3 | 19.5 | 7.3 | -34.8% |
| China | 57.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 83.2 | 52.3 | 19.5 | 7.3 | -55.6% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Venezuela in 2022:
- Colombia (6.9 tons)
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