MERCOSUR: Copper Powder Market 2024

Copper Powder Market Size in MERCOSUR

The MERCOSUR copper powder market rose slightly to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Copper Powder Production in MERCOSUR

In value terms, copper powder production reached $X in 2023 estimated in export price. Over the period under review, production, however, saw a slight descent. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Copper Powder Exports

Exports in MERCOSUR

In 2023, after two years of growth, there was significant decline in overseas shipments of copper powders and flakes, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, copper powder exports rose rapidly to $X in 2023. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Venezuela represented the major exporter of copper powders and flakes in MERCOSUR, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Peru (X%), Chile (X%) and Argentina (X%). Ecuador (X tons) held a minor share of total exports.

Exports from Venezuela decreased at an average annual rate of X% from 2012 to 2023. At the same time, Chile (X%), Argentina (X%), Ecuador (X%) and Peru (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Brazil (X%) illustrated a downward trend over the same period. Venezuela (X p.p.), Chile (X p.p.), Peru (X p.p.), Argentina (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest copper powder supplying countries in MERCOSUR were Chile ($X), Venezuela ($X) and Brazil ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price recorded prominent growth. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the export price figures.

Copper Powder Imports

Imports in MERCOSUR

Copper powder imports rose remarkably to X tons in 2023, growing by X% compared with 2022 figures. Overall, imports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, copper powder imports rose to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Brazil (X tons) represented the largest importer of copper powders and flakes, committing X% of total imports. Colombia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%). Peru (X tons) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to copper powder imports into Brazil stood at X%. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. Peru experienced a relatively flat trend pattern. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Argentina (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported copper powders and flakes in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, declining by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2022, and then declined slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Brazil ($X per ton) and Peru ($X per ton), while Colombia ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform