Argentina: Market for Copper Tubes And Pipes 2025

Market Size for Copper Tubes And Pipes in Argentina

The Argentinian copper tube and pipe market skyrocketed to $X in 2021, increasing by 50% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Copper Tubes And Pipes

Exports from Argentina

In 2021, approx. X tons of copper tubes and pipes were exported from Argentina; dropping by -83.8% compared with 2020. Overall, exports showed a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 1,165%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, copper tube and pipe exports declined dramatically to $X in 2021. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 784% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X kg), Bolivia (X kg) and Paraguay (X kg) were the main destinations of copper tube and pipe exports from Argentina, together accounting for 92% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of -23.1%), while the other leaders experienced a decline.

In value terms, Bolivia ($X), Chile ($X) and Paraguay ($X) constituted the largest markets for copper tube and pipe exported from Argentina worldwide, together accounting for 88% of total exports.

In terms of the main countries of destination, Bolivia, with a CAGR of -19.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average copper tube and pipe export price amounted to $X per ton, surging by 47% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to Paraguay ($X per ton) and Uruguay ($X per ton), while the average price for exports to Chile ($X per ton) and Bolivia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports into Argentina

In 2021, copper tube and pipe imports into Argentina totaled X tons, picking up by 7.7% on 2020. Overall, imports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, copper tube and pipe imports skyrocketed to $X in 2021. Over the period under review, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of copper tube and pipe to Argentina, accounting for a 60% share of total imports. Moreover, copper tube and pipe imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.2% per year) and Mexico (+9.3% per year).

In value terms, the largest copper tube and pipe suppliers to Argentina were Brazil ($X), China ($X) and Mexico ($X), with a combined 91% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +11.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average copper tube and pipe import price stood at $X per ton in 2021, jumping by 66% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper tube and pipe import price increased by +71.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform