Price for Copper Oxides and Hydroxides in Colombia - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Colombia (CIF) - 2022
- Price for Copper Oxides and Hydroxides in Colombia (FOB) - 2022
- Imports of Copper Oxides and Hydroxides in Colombia
- Exports of Copper Oxides and Hydroxides in Colombia
Price for Copper Oxides and Hydroxides in Colombia (CIF) - 2022
In 2022, the average copper oxides and hydroxides import price amounted to $11,668 per ton, waning by -9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 21% against the previous year. As a result, import price reached the peak level of $16,046 per ton. From 2016 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 Ecuador ($23,283 per ton), while the price for the UK ($2,348 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Oxides and Hydroxides in Colombia (FOB) - 2022
In 2022, the average copper oxides and hydroxides export price amounted to $2,369 per ton, waning by -56% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 145%. The export price peaked at $12,967 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +35.8% per year.
Imports of Copper Oxides and Hydroxides in Colombia
In 2022, the amount of copper oxides and hydroxideses imported into Colombia dropped significantly to 14 tons, declining by -35.5% against 2021. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 512% against the previous year. As a result, imports reached the peak of 22 tons, and then dropped sharply in the following year.
In value terms, copper oxides and hydroxides imports contracted significantly to $165K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 473%. As a result, imports reached the peak of $280K, and then fell dramatically in the following year.
| Import of Copper Oxides and Hydroxides in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 11.1 | 146 | 58.5 | 56.4% |
| Peru | 19.1 | 8.6 | 64.8 | 52.3 | 39.9% |
| Norway | 11.8 | 9.5 | 19.5 | 16.8 | 12.5% |
| United Kingdom | 15.8 | 10.4 | 17.3 | 10.6 | -12.5% |
| China | 4.3 | 3.9 | 8.8 | 7.1 | 18.2% |
| Others | 8.7 | 5.4 | 24.5 | 19.5 | 30.9% |
| Total | 75.1 | 49.0 | 280 | 165 | 30.0% |
Top Suppliers of Copper Oxides and Hydroxides to Colombia in 2022:
- United Kingdom (4.5 tons)
- Peru (4.1 tons)
- United States (3.9 tons)
- Norway (0.9 tons)
- China (0.5 tons)
Exports of Copper Oxides and Hydroxides in Colombia
In 2022, overseas shipments of copper oxides and hydroxideses were finally on the rise to reach 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp curtailment.
In value terms, copper oxides and hydroxides exports soared to $4.1K in 2022. In general, exports, however, continue to indicate a deep contraction.
| Export of Copper Oxides and Hydroxides in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 6.9 | 5.0 | 1.3 | 4.1 | -15.9% |
| Others | N/A | N/A | 1.8 | N/A | 0% |
| Total | 6.9 | 5.0 | 3.1 | 4.1 | -15.9% |
Top Export Markets for Copper Oxides and Hydroxides from Colombia in 2022:
- Guatemala (1.7 tons)
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