Price for Copper Oxides and Hydroxides in Venezuela - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Venezuela (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Venezuela
Price for Copper Oxides and Hydroxides in Venezuela (CIF) - 2022
The average copper oxides and hydroxides import price stood at $14,157 per ton in 2022, leveling off at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $14,163 per ton in 2020; afterwards, it flattened through to 2022.
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 the United States ($16,172 per ton), while the price for Panama ($5,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Oxides and Hydroxides in Venezuela
In 2022, after three years of growth, there was significant decline in overseas purchases of copper oxides and hydroxideses, when their volume decreased by -24.8% to 15 tons. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of 20 tons, and then contracted significantly in the following year.
In value terms, copper oxides and hydroxides imports contracted dramatically to $213K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of $283K, and then declined rapidly in the following year.
| Import of Copper Oxides and Hydroxides in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.5 | 38.9 | 117 | 85.5 | 63.7% |
| Netherlands | 43.0 | 64.1 | 106 | 83.5 | 24.8% |
| China | 12.1 | 17.0 | 26.4 | 19.7 | 17.6% |
| United Kingdom | 9.4 | 12.9 | 19.5 | 14.2 | 14.7% |
| Germany | 6.8 | 9.1 | 13.4 | 9.5 | 11.8% |
| Others | 0.8 | 0.9 | 1.1 | 0.6 | -9.1% |
| Total | 91.7 | 143 | 283 | 213 | 32.4% |
Top Suppliers of Copper Oxides and Hydroxides to Venezuela in 2022:
- United States (5.3 tons)
- Netherlands (5.2 tons)
- China (2.4 tons)
- United Kingdom (1.3 tons)
- Germany (0.8 tons)
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