Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,621 per ton in February 2022, rising by 14% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +3.8%. The pace of growth appeared the most rapid in April 2021 an increase of 24% month-to-month. Over the period under review, average import prices reached the maximum at $13,991 per ton in November 2021; however, from December 2021 to February 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($152K per ton), while the price for China ($11,029 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $29,330 per ton, with an increase of 58% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($63,305 per ton), while the average price for exports to Ecuador ($23,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia
In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Colombia expanded slightly to 984 tons, growing by 4.6% against 2021 figures. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose notably to $12M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +71.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 4.5 | 6.6 | 9.1 | 11.3% |
| United States | 1.0 | 0.8 | 1.1 | 1.2 | 6.3% |
| Mexico | 0.4 | 0.4 | 0.7 | 0.5 | 7.7% |
| Argentina | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Italy | 0.8 | 0.5 | 1.3 | 0.3 | -27.9% |
| South Korea | 0.4 | 0.3 | 0.2 | N/A | -29.3% |
| Others | 0.8 | 0.6 | 1.1 | 0.8 | 0.0% |
| Total | 10.1 | 7.3 | 11.2 | 12.5 | 7.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Colombia in 2022:
- China (841.2 tons)
- United States (48.9 tons)
- Argentina (31.1 tons)
- Mexico (26.6 tons)
- Italy (14.5 tons)
- South Korea (0.5 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Colombia reduced sharply to 13 tons, with a decrease of -42.2% on 2021. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $367K in 2022. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 42%.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 14.9 | 7.6 | 46.7 | 121 | 101.0% |
| Indonesia | N/A | 18.1 | N/A | 71.0 | 98.1% |
| Ecuador | 201 | 110 | 216 | 70.2 | -29.6% |
| Panama | 80.5 | 43.2 | 0.3 | 33.1 | -25.6% |
| United States | 28.9 | 3.0 | 36.6 | 29.0 | 0.1% |
| Guatemala | 12.1 | 13.8 | 16.4 | 27.6 | 31.6% |
| Costa Rica | 3.0 | 2.7 | 7.2 | 9.9 | 48.9% |
| Jamaica | 29.1 | N/A | 46.9 | N/A | 27.0% |
| Others | 47.9 | 86.1 | 33.1 | 5.0 | -52.9% |
| Total | 417 | 285 | 403 | 367 | -4.2% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Colombia in 2022:
- Peru (4.8 tons)
- Ecuador (3.0 tons)
- Panama (1.3 tons)
- Indonesia (1.1 tons)
- United States (1.0 tons)
- Guatemala (0.8 tons)
- Costa Rica (0.3 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Colombia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
