Price for Copper; Powders and Flakes in Colombia - 2022

Contents:

1. Price for Copper; Powders and Flakes in Colombia (CIF) - 2022
2. Price for Copper; Powders and Flakes in Colombia (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Colombia
4. Exports of Copper; Powders and Flakes in Colombia

Price for Copper; Powders and Flakes in Colombia (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $14,856 per ton, picking up by 13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue 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 ($21,323 per ton), while the price for China ($9,276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Colombia (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $19,541 per ton, rising by 28% against the previous year. In general, the export price continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($20,639 per ton), while the average price for exports to Ecuador amounted to $17,573 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+44.3%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Powders and Flakes in Colombia

In 2022, the amount of copper; powders and flakeses imported into Colombia totaled 79 tons, approximately mirroring the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 0.8%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, copper; powders and flakes imports amounted to $1.2M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Copper; Powders and Flakes to Colombia in 2022:

1. Spain (26.6 tons)
2. Germany (16.5 tons)
3. Mexico (15.8 tons)
4. Brazil (7.9 tons)
5. China (7.8 tons)
6. United States (3.9 tons)

Exports of Copper; Powders and Flakes in Colombia

After two years of decline, overseas shipments of copper; powders and flakeses increased by 42% to 4.6 tons in 2022. Overall, exports, however, continue to indicate a precipitous descent.

In value terms, copper; powders and flakes exports surged to $90K in 2022. Over the period under review, exports, however, faced a significant decrease.

Top Export Markets for Copper; Powders and Flakes from Colombia in 2022:

1. Costa Rica (3.0 tons)
2. Ecuador (1.6 tons)

Source: IndexBox Market Intelligence Platform