Price for Copper; Refined, Unwrought, Billets in Chile - 2022

Price for Copper; Refined, Unwrought, Billets in Chile (FOB) - 2022

In 2022, the average copper; refined, unwrought, billets export price amounted to $10,099 per ton, increasing by 4.1% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; refined, unwrought, billets export price increased by +37.4% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.9% per year.

Exports of Copper; Refined, Unwrought, Billets in Chile

Copper; refined, unwrought, billets exports from Chile soared to 32 tons in 2022, growing by 33% compared with the previous year. In general, exports, however, saw a abrupt descent.

In value terms, copper; refined, unwrought, billets exports skyrocketed to $324K in 2022. Over the period under review, exports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 52%.