Price for Copper Oxides and Hydroxides in Ecuador - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Ecuador (CIF) - 2022
- Price for Copper Oxides and Hydroxides in Ecuador (FOB) - 2022
- Imports of Copper Oxides and Hydroxides in Ecuador
- Exports of Copper Oxides and Hydroxides in Ecuador
Price for Copper Oxides and Hydroxides in Ecuador (CIF) - 2022
The average copper oxides and hydroxides import price stood at $8,362 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 62% against the previous year. Over the period under review, average import prices reached the maximum at $10,600 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Spain ($9,650 per ton), while the price for Peru ($2,166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Oxides and Hydroxides in Ecuador (FOB) - 2022
In 2022, the average copper oxides and hydroxides export price amounted to $16,860 per ton, remaining stable against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70%. As a result, the export price reached the peak level of $36,260 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
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 +8.6% per year.
Imports of Copper Oxides and Hydroxides in Ecuador
In 2022, the amount of copper oxides and hydroxideses imported into Ecuador fell markedly to 13 tons, dropping by -26.5% compared with the previous year's figure. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 112%. As a result, imports attained the peak of 18 tons, and then shrank significantly in the following year.
In value terms, copper oxides and hydroxides imports shrank remarkably to $108K in 2022. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 46%.
| Import of Copper Oxides and Hydroxides in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 71.2 | 48.1 | 65.2 | 66.3 | -2.3% |
| Italy | 31.8 | 14.9 | 5.1 | 8.8 | -34.8% |
| Norway | 11.9 | 8.9 | 9.7 | 6.9 | -16.6% |
| Mexico | 8.1 | 6.9 | 8.5 | 6.8 | -5.7% |
| Spain | 6.1 | 1.4 | 8.6 | 6.6 | 2.7% |
| China | 5.8 | 4.6 | 5.4 | 4.1 | -10.9% |
| Peru | 3.6 | 2.5 | 2.6 | 1.7 | -22.1% |
| Singapore | N/A | N/A | 5.7 | N/A | 0% |
| Others | 25.4 | 0.6 | 18.0 | 7.2 | -34.3% |
| Total | 164 | 88.0 | 129 | 108 | -13.0% |
Top Suppliers of Copper Oxides and Hydroxides to Ecuador in 2022:
- United States (6.9 tons)
- Mexico (1.3 tons)
- Italy (1.0 tons)
- Norway (0.9 tons)
- Peru (0.8 tons)
- Spain (0.7 tons)
- China (0.6 tons)
Exports of Copper Oxides and Hydroxides in Ecuador
In 2022, after three years of growth, there was decline in shipments abroad of copper oxides and hydroxideses, when their volume decreased by -0.5% to 200 kg. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60%.
In value terms, copper oxides and hydroxides exports shrank slightly to $3.4K in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30%.
| Export of Copper Oxides and Hydroxides in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 2.6 | 3.4 | 3.4 | 3.4 | 9.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 3.4 | 3.4 | 3.4 | 9.4% |
Top Export Markets for Copper Oxides and Hydroxides from Ecuador in 2022:
- Colombia (200.0 kg)
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