Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador - 2022
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (CIF) - 2022
In 2022, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $11,632 per ton, with an increase of 3% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +84.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Italy ($21,956 per ton), while the price for Hong Kong SAR ($8,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (FOB) - 2022
The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $17,862 per ton in 2022, declining by -47.9% against the previous year. Over the period under review, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 an increase of 163% against the previous year. As a result, the export price attained the peak level of $34,256 per ton, and then fell markedly in the following year.
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 Panama ($31,743 per ton), while the average price for exports to Nicaragua ($4,433 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 Peru (+57.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador
For the fourth consecutive year, Ecuador recorded growth in overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which increased by 7.8% to 254 tons in 2022. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $3M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 570 | 708 | 1,315 | 1,003 | 20.7% |
| Mexico | 257 | 434 | 540 | 740 | 42.3% |
| Italy | 211 | 174 | 280 | 521 | 35.2% |
| Australia | 146 | 199 | 220 | 249 | 19.5% |
| United States | 152 | 123 | 98.3 | 190 | 7.7% |
| Hong Kong SAR | 39.8 | 22.9 | 36.3 | 48.8 | 7.0% |
| Others | 106 | 155 | 174 | 205 | 24.6% |
| Total | 1,482 | 1,816 | 2,664 | 2,957 | 25.9% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Ecuador in 2022:
- China (103.6 tons)
- Mexico (68.9 tons)
- Australia (27.3 tons)
- Italy (23.7 tons)
- United States (14.2 tons)
- Hong Kong SAR (5.7 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador
For the third consecutive year, Ecuador recorded decline in overseas shipments of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which decreased by -16.5% to 470 kg in 2022. Overall, exports continue to indicate a significant decline.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver fell markedly to $8.4K in 2022. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 27% against the previous year.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 12.4 | 14.0 | 19.3 | 5.3 | -24.7% |
| Colombia | N/A | 0.2 | N/A | 2.3 | 239.1% |
| Nicaragua | N/A | N/A | N/A | 0.8 | 0% |
| Ethiopia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 1.8 | N/A | N/A | 1700.0% |
| Total | 12.5 | 15.9 | 19.3 | 8.4 | -12.4% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Ecuador in 2022:
- Nicaragua (180.0 kg)
- Panama (167.0 kg)
- Colombia (123.0 kg)
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