Price for Copper; Refined, Unwrought, Wire-Bars in Chile - 2021

Price for Copper; Refined, Unwrought, Wire-Bars in Chile (CIF) - 2022

In 2021, the average copper; refined, unwrought, wire-bars import price amounted to $76,754 per ton, surging by 179% against the previous year. Over the period under review, the import price posted significant growth. As a result, import price attained the peak level 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 Italy ($53,931 per ton), while the price for the United States totaled $34,594 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.1%).

Imports of Copper; Refined, Unwrought, Wire-Bars in Chile

In 2022, overseas purchases of copper; refined, unwrought, wire-barses decreased by 99.9% to less than 0.1 kg, falling for the second consecutive year after two years of growth. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 2,476%. As a result, imports attained the peak of 644 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper; refined, unwrought, wire-bars imports soared to $32K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,485%. Imports peaked in 2022 and are expected to retain growth in the immediate term.