Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador (CIF) - 2022
  2. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador (CIF) - 2022

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $8,697 per ton, falling by -8.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. As a result, import price attained the peak level of $9,488 per ton, and then contracted in the following year.

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 Peru ($8,809 per ton), while the price for the United States stood at $5,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%).

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador

In 2022, imports of copper; refined, unwrought, cathodes and sections of cathodeses into Ecuador was estimated at 2K tons, growing by 4.2% on the previous year. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses fell modestly to $17M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 89%. As a result, imports attained the peak of $18M, and then fell in the following year.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru7.53.28.88.33.4%
United States0.10.20.20.344.2%
Others7.56.18.88.33.4%
Total15.29.417.817.03.8%

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Ecuador in 2022:

  1. Peru (946.5 tons)
  2. United States (62.8 tons)

Source: IndexBox Market Intelligence Platform

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