Price for Copper; Refined, Unwrought, Wire-Bars in Colombia - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Wire-Bars in Colombia (CIF) - 2022
  2. Imports of Copper; Refined, Unwrought, Wire-Bars in Colombia

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

The average copper; refined, unwrought, wire-bars import price stood at $44,368 per ton in 2022, with an increase of 5.9% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 87%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +10.9% per year.

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

For the third year in a row, Colombia recorded decline in overseas purchases of copper; refined, unwrought, wire-barses, which decreased by -15% to 68 kg in 2022. In general, imports recorded a deep slump. The smallest decline of -14.5% was in 2020.

In value terms, copper; refined, unwrought, wire-bars imports dropped to $3K in 2022. Over the period under review, imports saw a abrupt decrease. The smallest decline of -10% was in 2020.

Import of Copper; Refined, Unwrought, Wire-Bars in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.63.73.43.0-5.9%
Others0.5N/AN/AN/A0%
Total4.13.73.43.0-9.9%

Top Suppliers of Copper; Refined, Unwrought, Wire-Bars to Colombia in 2022:

  1. United States (68.0 kg)

Source: IndexBox Market Intelligence Platform

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