Price for Refined Copper Tube and Pipe in Ecuador - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Ecuador (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Ecuador (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Ecuador
- Exports of Refined Copper Tube and Pipe in Ecuador
Price for Refined Copper Tube and Pipe in Ecuador (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,070 per ton in January 2022, surging by 4.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in August 2021 an increase of 18% against the previous month. The import price peaked at $11,669 per ton in June 2021; however, from July 2021 to January 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was China ($11,980 per ton), while the price for Mexico amounted to $10,774 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%).
Price for Refined Copper Tube and Pipe in Ecuador (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $12,117 per ton, with an increase of 15% against the previous year. In general, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $24,135 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +171.5% per year.
Imports of Refined Copper Tube and Pipe in Ecuador
In 2022, approx. 692 tons of tubes and pipes of refined copper were imported into Ecuador; falling by -7.8% on 2021 figures. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 18%.
In value terms, refined copper tube and pipe imports declined rapidly to $6.1M in 2022. In general, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports reached the peak of $7.6M, and then reduced remarkably in the following year.
| Import of Refined Copper Tube and Pipe in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 4,999 | 2,892 | 5,831 | 2,622 | -19.4% |
| China | 910 | 1,260 | 1,043 | 2,151 | 33.2% |
| United States | 436 | 157 | 347 | 406 | -2.3% |
| Panama | 77.7 | 83.6 | 91.6 | 212 | 39.7% |
| Chile | 105 | 101 | 99.6 | 206 | 25.2% |
| South Korea | 79.8 | 33.7 | 78.9 | 168 | 28.2% |
| Austria | 39.9 | 35.5 | 32.1 | 61.3 | 15.4% |
| Others | 54.0 | 45.8 | 37.0 | 258 | 68.4% |
| Total | 6,702 | 4,609 | 7,559 | 6,084 | -3.2% |
Top Suppliers of Refined Copper Tube and Pipe to Ecuador in 2022:
- Mexico (285.6 tons)
- China (261.6 tons)
- Chile (36.5 tons)
- United States (33.9 tons)
- South Korea (23.5 tons)
- Panama (19.9 tons)
- Austria (15.7 tons)
Exports of Refined Copper Tube and Pipe in Ecuador
Refined copper tube and pipe exports from Ecuador contracted to 386 kg in 2022, shrinking by -2.3% on the year before. In general, exports saw a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 3.7% against the previous year.
In value terms, refined copper tube and pipe exports expanded markedly to $4.7K in 2022. Over the period under review, exports faced a significant contraction.
| Export of Refined Copper Tube and Pipe in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Spain | N/A | N/A | 0.2 | N/A | 0% |
| Aruba | 10.7 | N/A | N/A | N/A | 0% |
| Germany | N/A | 1.1 | 1.0 | N/A | -9.1% |
| Others | 3.0 | 4.0 | 2.8 | 4.6 | 15.3% |
| Total | 13.8 | 5.2 | 4.2 | 4.7 | -30.2% |
Top Export Markets for Refined Copper Tube and Pipe from Ecuador in 2022:
- Peru (1.0 kg)
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This report provides an in-depth analysis of the market for copper tube and pipe in Ecuador.
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
899
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
905
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
971
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5039
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
306
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
