Price for Refined Copper Tube and Pipe in Uruguay - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Uruguay (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Uruguay
Price for Refined Copper Tube and Pipe in Uruguay (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $12,175 per ton in 2022, picking up by 6% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +42.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,106 per ton), while the price for Turkey ($10,091 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Uruguay
In 2022, approx. 166 tons of tubes and pipes of refined copper were imported into Uruguay; reducing by -12.9% compared with the previous year. In general, imports saw a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of 191 tons, and then dropped in the following year.
In value terms, refined copper tube and pipe imports contracted to $2M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. As a result, imports attained the peak of $2.2M, and then contracted in the following year.
| Import of Refined Copper Tube and Pipe in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 471 | 328 | 792 | 1,090 | 32.3% |
| Mexico | 218 | 72.4 | 422 | 509 | 32.7% |
| Brazil | 306 | 219 | 250 | 229 | -9.2% |
| Italy | 1.6 | 18.0 | 42.9 | 121 | 322.9% |
| Turkey | 11.8 | 14.8 | 39.9 | 66.6 | 78.0% |
| Chile | 445 | 401 | 527 | N/A | 8.8% |
| Others | 37.4 | 34.1 | 114 | 3.9 | -52.9% |
| Total | 1,490 | 1,087 | 2,187 | 2,020 | 10.7% |
Top Suppliers of Refined Copper Tube and Pipe to Uruguay in 2022:
- China (86.4 tons)
- Mexico (44.9 tons)
- Brazil (20.6 tons)
- Italy (7.1 tons)
- Turkey (6.6 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Uruguay.
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