Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $11,072 per ton, which is down by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 an increase of 15%. The import price peaked at $11,480 per ton in 2021, and then reduced modestly in the following year.
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 Chile ($30,212 per ton), while the price for Italy ($9,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $4,647 per ton in 2022, dropping by -44% against the previous year. Overall, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 54%. The export price peaked at $9,063 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($9,250 per ton), while the average price for exports to Dominica ($1,668 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 Peru (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Ecuador rose slightly to 411 tons, with an increase of 1.8% against the previous year. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell to $4.6M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of $4.6M, and then shrank slightly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,432 | 1,343 | 2,079 | 2,348 | 17.9% |
| United States | 1,152 | 930 | 1,281 | 1,114 | -1.1% |
| Italy | 284 | 160 | 286 | 421 | 14.0% |
| Colombia | 205 | 154 | 230 | 90.7 | -23.8% |
| Spain | 35.5 | 152 | 67.0 | 60.5 | 19.4% |
| Mexico | 157 | 50.2 | 108 | 59.1 | -27.8% |
| India | 35.7 | 17.2 | 125 | 53.2 | 14.2% |
| Others | 404 | 470 | 460 | 407 | 0.2% |
| Total | 3,705 | 3,277 | 4,637 | 4,553 | 7.1% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Ecuador in 2022:
- China (241.3 tons)
- United States (86.6 tons)
- Italy (43.7 tons)
- Colombia (5.3 tons)
- Mexico (5.2 tons)
- Spain (4.7 tons)
- India (4.5 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Ecuador soared to 5.6 tons, growing by 30% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 443%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted rapidly to $26K in 2022. Overall, exports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 480% against the previous year. As a result, the exports attained the peak of $36K, and then dropped notably in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 4.3 | 0.1 | 1.7 | 10.0 | 32.5% |
| Guatemala | 0.3 | N/A | N/A | 7.2 | 188.4% |
| Colombia | 0.1 | N/A | 0.6 | 3.6 | 230.2% |
| Dominica | 0.5 | N/A | 1.4 | 2.0 | 58.7% |
| Peru | 3.6 | N/A | N/A | N/A | 0% |
| China | N/A | 6.0 | N/A | N/A | 0% |
| Panama | 4.8 | N/A | 30.1 | N/A | 150.4% |
| Others | 1.7 | 0.1 | 1.9 | 3.2 | 23.5% |
| Total | 15.3 | 6.2 | 35.7 | 26.0 | 19.3% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Ecuador in 2022:
- Guatemala (2301.0 kg)
- Bolivia (1489.0 kg)
- Dominica (1216.0 kg)
- Colombia (453.0 kg)
- Panama (4.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Ecuador.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
