Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile - 2024

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (CIF) - 2024
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (CIF) - 2024

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $12,349 per ton in December 2023, reducing by -3.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 25% m-o-m. The import price peaked at $14,584 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($22,652 per ton), while the price for China stood at $11,661 per ton.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $21,957 per ton, waning by -28.8% against the previous year. Overall, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 215%. Over the period under review, the average export prices reached the peak figure at $30,846 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($55,509 per ton), while the average price for exports to Peru ($12,845 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 China (+24.0%), 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 Chile

In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Chile declined to 1.6K tons, waning by -12.1% compared with 2021 figures. Overall, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 19%.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted modestly to $23M in 2022. In general, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. As a result, imports attained the peak of $24M, and then fell in the following year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.112.220.819.81.2%
Italy0.90.40.80.6-12.6%
MexicoN/AN/A0.20.5150.0%
Others2.62.12.32.5-1.3%
Total22.614.824.023.41.2%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Chile in 2022:

  1. China (1461.7 tons)
  2. Mexico (29.5 tons)
  3. Italy (29.3 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile

In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Chile declined notably to 3.4 tons, waning by -19.6% on the previous year's figure. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined dramatically to $75K in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru16.43.10.525.015.1%
Ecuador23.742.736.314.9-14.3%
Bolivia34.41.659.811.5-30.6%
MexicoN/A1.5N/A9.2147.7%
Argentina18.0N/A2.38.9-20.9%
Brazil4.3N/AN/A3.8-4.0%
Anguilla12.9N/AN/AN/A0%
Hong Kong SAR66.1N/AN/AN/A0%
United States1.514.628.7N/A337.4%
Others3.215.73.01.3-25.9%
Total18079.213174.7-25.4%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Chile in 2022:

  1. Peru (1949.0 kg)
  2. Ecuador (554.0 kg)
  3. Bolivia (331.0 kg)
  4. Mexico (275.0 kg)
  5. Argentina (161.0 kg)
  6. Brazil (117.0 kg)
  7. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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