Price for Copper Plates, Sheets and Strip in Uruguay - 2022

Price for Copper Plates, Sheets and Strip in Uruguay (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $11,281 per ton in 2022, picking up by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($19,093 per ton), while the price for Italy ($3,431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Uruguay (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $13,209 per ton in 2022, which is down by -12.3% against the previous year. Over the period under review, the export price showed a pronounced reduction. The growth pace was the most rapid in 2016 when the average export price increased by 92%. The export price peaked at $27,946 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +53.2% per year.

Imports of Copper Plates, Sheets and Strip in Uruguay

Copper plates, sheets and strip imports into Uruguay shrank remarkably to 133 tons in 2022, waning by -38.2% against the year before. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 216 tons, and then shrank significantly in the following year.

In value terms, copper plates, sheets and strip imports contracted markedly to $1.5M in 2022. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of $2.2M, and then dropped significantly in the following year.

Import of Copper Plates, Sheets and Strip in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	357	247	787	901	36.2%
Brazil	287	185	571	294	0.8%
Mexico	17.6	39.8	98.7	145	102.0%
Argentina	49.8	63.6	57.6	112	31.0%
Italy	1.3	1.3	10.7	10.3	99.4%
Germany	27.8	61.1	50.6	4.6	-45.1%
Others	549	440	666	37.6	-59.1%
Total	1,290	1,038	2,242	1,505	5.3%

Top Suppliers of Copper Plates, Sheets and Strip to Uruguay in 2022:

Finland (82.1 tons)
Brazil (29.1 tons)
Mexico (10.9 tons)
Argentina (5.9 tons)
Italy (3.0 tons)
Germany (0.5 tons)

Exports of Copper Plates, Sheets and Strip in Uruguay

Copper plates, sheets and strip exports from Uruguay declined significantly to 306 kg in 2022, which is down by -16.4% against the previous year's figure. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 298% against the previous year. As a result, the exports attained the peak of 366 kg, and then declined markedly in the following year.

In value terms, copper plates, sheets and strip exports fell rapidly to $4K in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 114%. As a result, the exports attained the peak of $5.5K, and then contracted remarkably in the following year.