Price for Refined Copper Tube and Pipe in Guatemala - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Guatemala (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Guatemala (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Guatemala
- Exports of Refined Copper Tube and Pipe in Guatemala
Price for Refined Copper Tube and Pipe in Guatemala (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,123 per ton in 2022, almost unchanged from the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +47.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 47% against the previous year. As a result, import price reached the peak level of $11,127 per ton, leveling off in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,822 per ton), while the price for El Salvador ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Guatemala (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $10,210 per ton, reducing by -29.8% against the previous year. Overall, the export price, however, recorded a perceptible increase. The growth pace was the most rapid in 2015 when the average export price increased by 242% against the previous year. Over the period under review, the average export prices reached the peak figure at $23,269 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($15,491 per ton), while the average price for exports to El Salvador amounted to $3,139 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Refined Copper Tube and Pipe in Guatemala
After two years of decline, purchases abroad of tubes and pipes of refined copper increased by 11% to 138 tons in 2022. Over the period under review, imports, however, recorded a abrupt slump.
In value terms, refined copper tube and pipe imports rose markedly to $1.5M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Refined Copper Tube and Pipe in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 763 | 683 | 854 | 1,162 | 15.1% |
United States | 582 | 368 | 470 | 344 | -16.1% |
China | 4.6 | 27.0 | 39.3 | 21.2 | 66.4% |
Others | 8.3 | 7.1 | 19.0 | 12.0 | 13.1% |
Total | 1,357 | 1,085 | 1,383 | 1,539 | 4.3% |
Top Suppliers of Refined Copper Tube and Pipe to Guatemala in 2022:
- Mexico (108.2 tons)
- United States (26.8 tons)
- China (2.1 tons)
Exports of Refined Copper Tube and Pipe in Guatemala
Refined copper tube and pipe exports from Guatemala shrank dramatically to 587 kg in 2022, falling by -87.2% against the previous year's figure. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 8,717% against the previous year. As a result, the exports reached the peak of 4.6 tons, and then dropped notably in the following year.
In value terms, refined copper tube and pipe exports contracted significantly to $6K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,412%. As a result, the exports attained the peak of $67K, and then shrank dramatically in the following year.
Export of Refined Copper Tube and Pipe in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | N/A | 0.2 | 66.7 | 5.2 | 409.9% |
El Salvador | 2.1 | 1.0 | N/A | 0.8 | -27.5% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 2.2 | 1.2 | 66.7 | 6.0 | 39.7% |
Top Export Markets for Refined Copper Tube and Pipe from Guatemala in 2022:
- Honduras (336.0 kg)
- El Salvador (251.0 kg)
This report provides an in-depth analysis of the market for copper tube and pipe in Guatemala.
This report provides an in-depth analysis of the market for copper pipe and fitting in Guatemala.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Guatemala.
This report provides an in-depth analysis of the market for copper pipe and fitting in Guatemala.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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