Price for Copper Tube or Pipe Fitting in Argentina - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Argentina (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Argentina (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Argentina
- Exports of Copper Tube or Pipe Fitting in Argentina
Price for Copper Tube or Pipe Fitting in Argentina (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $11,264 per ton, rising by 38% against the previous year. In general, the import price enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 an increase of 100% against the previous year. As a result, import price attained the peak level of $11,563 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($23,973 per ton), while the price for China ($9,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Argentina (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $13,207 per ton, declining by -14.2% against the previous year. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93% against the previous year. The export price peaked at $37,767 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($60,667 per ton), while the average price for exports to Venezuela ($2,277 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 Uruguay (+8.5%), while the prices for the other major destinations experienced a decline.
Imports of Copper Tube or Pipe Fitting in Argentina
In 2022, approx. 228 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were imported into Argentina; rising by 33% on the previous year. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, copper tube or pipe fitting imports skyrocketed to $2.6M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 639 | 581 | 1,006 | 1,860 | 42.8% |
| South Korea | 253 | 65.7 | 188 | 309 | 6.9% |
| United States | 54.9 | 60.3 | 71.9 | 246 | 64.9% |
| Italy | 2.9 | 4.5 | 8.8 | 70.3 | 189.4% |
| Others | 93.2 | 72.4 | 123 | 78.6 | -5.5% |
| Total | 1,043 | 783 | 1,398 | 2,563 | 34.9% |
Top Suppliers of Copper Tube or Pipe Fitting to Argentina in 2022:
- China (197.6 tons)
- South Korea (12.9 tons)
- United States (11.2 tons)
- Italy (3.8 tons)
Exports of Copper Tube or Pipe Fitting in Argentina
In 2022, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -15.6% to 184 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 80% against the previous year.
In value terms, copper tube or pipe fitting exports fell significantly to $2.4K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 123%. As a result, the exports reached the peak of $3.4K, and then declined dramatically in the following year.
| Export of Copper Tube or Pipe Fitting in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 331 | 729 | 1,418 | 909 | 40.0% |
| China | 143 | 392 | 953 | 762 | 74.7% |
| Uruguay | 7.0 | 18.0 | 272 | 182 | 196.2% |
| Paraguay | 109 | 78.0 | 131 | 177 | 17.5% |
| Venezuela | 55.0 | 120 | 232 | 148 | 39.1% |
| Bolivia | 495 | 15.0 | 26.0 | 36.0 | -58.3% |
| Others | 64.0 | 152 | 322 | 216 | 50.0% |
| Total | 1,204 | 1,504 | 3,354 | 2,430 | 26.4% |
Top Export Markets for Copper Tube or Pipe Fitting from Argentina in 2022:
- Venezuela (65.0 kg)
- Chile (54.0 kg)
- Paraguay (28.0 kg)
- China (27.0 kg)
- Uruguay (3.0 kg)
- Bolivia (2.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Argentina.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
