Price for Refined Copper Tube and Pipe in Brazil - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Brazil (CIF) - 2023
- Price for Refined Copper Tube and Pipe in Brazil (FOB) - 2023
- Imports of Refined Copper Tube and Pipe in Brazil
- Exports of Refined Copper Tube and Pipe in Brazil
Price for Refined Copper Tube and Pipe in Brazil (CIF) - 2023
The average import price for tubes and pipes of refined copper stood at $9,579 per ton in September 2023, stabilizing at the previous month. Over the period under review, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $12,972 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($9,771 per ton), while the price for China stood at $9,499 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%).
Price for Refined Copper Tube and Pipe in Brazil (FOB) - 2023
The average export price for tubes and pipes of refined copper stood at $9,948 per ton in September 2023, dropping by -5.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 7.4% month-to-month. As a result, the export price reached the peak level of $10,575 per ton, and then declined in the following month.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Argentina ($11,301 per ton), while the average price for exports to the United States ($9,339 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Brazil
In 2022, after three years of growth, there was significant decline in supplies from abroad of tubes and pipes of refined copper, when their volume decreased by -18.2% to 6K tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of 7.4K tons, and then fell sharply in the following year.
In value terms, refined copper tube and pipe imports contracted to $67M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of $76M, and then contracted in the following year.
| Import of Refined Copper Tube and Pipe in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 8.8 | 33.5 | 52.1 | 88.3% |
| Vietnam | 20.5 | 23.2 | 29.5 | 11.1 | -18.5% |
| South Korea | 13.6 | 9.2 | 5.0 | 0.5 | -66.7% |
| Others | 4.0 | 3.1 | 7.7 | 3.7 | -2.6% |
| Total | 45.9 | 44.3 | 75.6 | 67.5 | 13.7% |
Top Suppliers of Refined Copper Tube and Pipe to Brazil in 2022:
- South Korea (undefinedK tons)
- China (4.7K tons)
- Vietnam (1.0K tons)
Exports of Refined Copper Tube and Pipe in Brazil
In 2022, shipments abroad of tubes and pipes of refined copper was finally on the rise to reach 8.9K tons after two years of decline. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe exports surged to $92M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Refined Copper Tube and Pipe in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 11.6 | 12.9 | 51.0 | 87.0% |
| Argentina | 18.3 | 20.5 | 35.9 | 28.3 | 15.6% |
| Israel | 8.4 | 4.7 | 4.4 | 6.5 | -8.2% |
| Paraguay | 2.6 | 2.3 | 3.6 | 3.1 | 6.0% |
| Others | 5.5 | 3.8 | 3.1 | 3.1 | -17.4% |
| Total | 42.6 | 42.9 | 59.8 | 92.0 | 29.3% |
Top Export Markets for Refined Copper Tube and Pipe from Brazil in 2022:
- United States (5.1K tons)
- Argentina (2.6K tons)
- Israel (0.6K tons)
- Paraguay (0.3K tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Brazil.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Brazil.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
933
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
1027
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5113
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
