Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $9,516 per ton, reducing by -7.2% against the previous year. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 39%. The import price peaked at $19,657 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($78,802 per ton), while the price for China ($3,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $16,699 per ton in 2022, remaining constant against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22%. The export price peaked at $30,970 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 the Dominican Republic ($32,000 per ton), while the average price for exports to Cuba ($8,667 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 Costa Rica (+15.1%), 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 Venezuela
For the fourth year in a row, Venezuela recorded growth in overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 24% to 63 tons in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 141% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s totaled $599K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 234%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 73.4 | 236 | 264 | 303 | 60.4% |
| China | 7.3 | 25.8 | 80.4 | 111 | 147.7% |
| Iran | 16.0 | 51.6 | 57.6 | 66.2 | 60.5% |
| Hong Kong SAR | 10.5 | 31.2 | 32.2 | 34.1 | 48.1% |
| Panama | 8.7 | 33.8 | 30.2 | 27.7 | 47.1% |
| Ecuador | 6.5 | 21.1 | 23.5 | 27.0 | 60.7% |
| Others | 7.8 | 35.0 | 34.1 | 29.7 | 56.2% |
| Total | 130 | 435 | 522 | 599 | 66.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Venezuela in 2022:
- China (33.5 tons)
- Hong Kong SAR (10.3 tons)
- Iran (5.3 tons)
- Ecuador (4.2 tons)
- Taiwan (Chinese) (3.8 tons)
- Panama (3.3 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela
In 2022, overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were finally on the rise to reach 216 kg after two years of decline. Over the period under review, exports, however, continue to indicate a sharp contraction.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted to $3.6K in 2022. In general, exports, however, showed a dramatic downturn.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,782 | 1,116 | 901 | 887 | -20.7% |
| Colombia | 2,024 | 1,188 | 898 | 829 | -25.7% |
| Ecuador | 764 | 587 | 581 | 702 | -2.8% |
| Panama | 2,035 | 1,113 | 784 | 675 | -30.8% |
| Costa Rica | 443 | 354 | 363 | 456 | 1.0% |
| Cuba | 82.0 | 44.0 | 31.0 | 26.0 | -31.8% |
| Paraguay | N/A | 1,919 | N/A | N/A | 0% |
| Peru | N/A | 723 | N/A | N/A | 0% |
| Others | 145 | 75.0 | 50.0 | 32.0 | -39.6% |
| Total | 7,275 | 7,119 | 3,608 | 3,607 | -20.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Venezuela in 2022:
- Panama (67.0 kg)
- United States (46.0 kg)
- Ecuador (41.0 kg)
- Colombia (30.0 kg)
- Costa Rica (28.0 kg)
- Cuba (3.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Venezuela.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
