Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (FOB) - 2022
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (CIF) - 2022
- Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (FOB) - 2022
In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $9,954 per ton, dropping by -5.3% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +40.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. As a result, the export price reached the peak level of $10,514 per ton, and then dropped in the following year.
As there is only one major export destination, 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 +1.1% per year.
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (CIF) - 2022
The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $10,768 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached 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 Mexico ($9,979 per ton), while the price for China ($5,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru
In 2022, the amount of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses exported from Peru rose markedly to 1.6K tons, with an increase of 8.6% against 2021 figures. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $16M in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.3 | 8.6 | 14.9 | 16.0 | 24.5% |
| Colombia | 0.2 | 0.2 | 0.5 | N/A | 58.1% |
| Others | 0.1 | N/A | 0.4 | 0.2 | 26.0% |
| Total | 8.6 | 8.8 | 15.8 | 16.3 | 23.8% |
Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Peru in 2022:
- United States (1615.3 tons)
- Colombia (3.1 tons)
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru
In 2022, purchases abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -84.5% to 7 tons, falling for the second year in a row after two years of growth. In general, imports recorded a significant contraction. The growth pace was the most rapid in 2020 with an increase of 276% against the previous year. As a result, imports attained the peak of 84 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses reduced rapidly to $76K in 2022. Over the period under review, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 when imports increased by 251%. As a result, imports attained the peak of $652K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 398 | 277 | 36.3 | -69.8% |
| Mexico | 106 | N/A | 50.1 | 27.9 | -35.9% |
| Turkey | 48.9 | 50.3 | 6.9 | 2.1 | -65.0% |
| China | 25.5 | 203 | 29.1 | 0.4 | -75.0% |
| Others | 5.6 | N/A | 0.9 | 9.1 | 17.6% |
| Total | 186 | 652 | 364 | 75.9 | -25.8% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Peru in 2022:
- Netherlands (3.8 tons)
- Mexico (2.8 tons)
- Turkey (0.3 tons)
- China (0.1 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Peru.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
