Price for Copper Plates, Sheets and Strip in Colombia - 2022
Contents:
- Price for Copper Plates, Sheets and Strip in Colombia (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Colombia (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Colombia
- Exports of Copper Plates, Sheets and Strip in Colombia
Price for Copper Plates, Sheets and Strip in Colombia (CIF) - 2022
The average import price for copper plates, sheets and strips stood at $7,443 per ton in 2022, falling by -6.2% against the previous year. Overall, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $9,487 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Germany ($20,652 per ton), while the price for Italy ($6,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Colombia (FOB) - 2022
The average export price for copper plates, sheets and strips stood at $7,759 per ton in 2022, which is down by -13.8% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2019 an increase of 80% against the previous year. As a result, the export price attained the peak level of $11,538 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($9,634 per ton), while the average price for exports to Peru ($5,421 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 Ecuador (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Copper Plates, Sheets and Strip in Colombia
In 2022, approx. 3.1K tons of copper plates, sheets and strips were imported into Colombia; declining by -18.9% on 2021. In general, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. As a result, imports attained the peak of 3.8K tons, and then declined remarkably in the following year.
In value terms, copper plates, sheets and strip imports reduced sharply to $23M in 2022. Overall, imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 when imports increased by 92%. As a result, imports reached the peak of $30M, and then contracted dramatically in the following year.
| Import of Copper Plates, Sheets and Strip in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 14.7 | 7.6 | 11.0 | 8.3 | -17.3% |
| Brazil | 4.8 | 3.3 | 5.7 | 4.3 | -3.6% |
| Mexico | 3.0 | 3.5 | 5.3 | 4.0 | 10.1% |
| India | N/A | N/A | 5.1 | 3.9 | -23.5% |
| Italy | N/A | N/A | 0.8 | 0.6 | -25.0% |
| China | 0.5 | 0.6 | 0.7 | 0.5 | 0.0% |
| Peru | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
| Others | 1.5 | 0.6 | 1.3 | 1.0 | -12.6% |
| Total | 24.9 | 15.9 | 30.4 | 23.2 | -2.3% |
Top Suppliers of Copper Plates, Sheets and Strip to Colombia in 2022:
- Turkey (1219.3 tons)
- Brazil (623.8 tons)
- India (504.8 tons)
- Mexico (453.0 tons)
- Italy (94.8 tons)
- China (59.4 tons)
- Peru (47.8 tons)
Exports of Copper Plates, Sheets and Strip in Colombia
In 2022, approx. 51 tons of copper plates, sheets and strips were exported from Colombia; picking up by 2.5% against the previous year. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 382%. As a result, the exports attained the peak of 52 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, copper plates, sheets and strip exports contracted to $394K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 175% against the previous year.
| Export of Copper Plates, Sheets and Strip in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | 62.2 | 269 | 223 | 89.3% |
| Mexico | 14.5 | 209 | 77.8 | 102 | 91.6% |
| Peru | 20.0 | 69.6 | 66.5 | 69.5 | 51.5% |
| United States | 84.2 | N/A | 29.1 | N/A | -41.2% |
| Others | 5.9 | 1.1 | 3.5 | N/A | -23.0% |
| Total | 125 | 342 | 446 | 394 | 46.6% |
Top Export Markets for Copper Plates, Sheets and Strip from Colombia in 2022:
- Ecuador (23.1 tons)
- Mexico (14.8 tons)
- Peru (12.8 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Colombia.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
