Price for Copper; Waste and Scrap in Argentina - 2022

Contents:

1. Price for Copper; Waste and Scrap in Argentina (FOB) - 2022
2. Price for Copper; Waste and Scrap in Argentina (CIF) - 2022
3. Exports of Copper; Waste and Scrap in Argentina
4. Imports of Copper; Waste and Scrap in Argentina

Price for Copper; Waste and Scrap in Argentina (FOB) - 2022

In 2022, the average copper; waste and scrap export price amounted to $15,380 per ton, with an increase of 65% against the previous year. In general, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 121% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($28,977 per ton), while the average price for exports to Spain ($275 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 Germany (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Waste and Scrap in Argentina (CIF) - 2022

The average copper; waste and scrap import price stood at $1,249 per ton in 2022, which is down by -8.3% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of 71% against the previous year. Over the period under review, average import prices attained the peak figure at $7,000 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +29.0% per year.

Exports of Copper; Waste and Scrap in Argentina

After three years of growth, overseas shipments of copper; waste and scraps decreased by -4% to 178 tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 112% against the previous year. As a result, the exports attained the peak of 185 tons, and then contracted slightly in the following year.

In value terms, copper; waste and scrap exports soared to $2.7M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 368% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Copper; Waste and Scrap from Argentina in 2022:

1. China (64.2 tons)
2. Malaysia (63.8 tons)
3. India (15.7 tons)
4. Hong Kong SAR (14.9 tons)
5. Spain (14.1 tons)

Imports of Copper; Waste and Scrap in Argentina

In 2022, copper; waste and scrap imports into Argentina rose rapidly to 22 tons, increasing by 14% on 2021 figures. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 71%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, copper; waste and scrap imports totaled $27K in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Waste and Scrap to Argentina in 2022:

1. United States (22.0 tons)

Source: IndexBox Market Intelligence Platform