Argentina: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Argentina

The Argentinian copper pipe and fitting market surged to $X in 2021, with an increase of 63% 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). In general, consumption showed 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, Pipes And Fitting

Exports from Argentina

Copper pipe and fitting exports from Argentina dropped modestly to X tons in 2021, falling by -4.6% compared with 2020. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 43%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, copper pipe and fitting exports shrank to $X in 2021. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for copper pipe and fitting exports from Argentina, accounting for a 52% share of total exports. Moreover, copper pipe and fitting exports to Colombia exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. Uruguay (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to +44.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-2.0% per year) and Uruguay (-19.3% per year).

In value terms, Colombia ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Argentina, comprising 41% of total exports. The second position in the ranking was held by Bolivia ($X), with a 15% share of total exports. It was followed by Uruguay, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Colombia totaled +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-6.8% per year) and Uruguay (-18.9% per year).

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, falling by -6.9% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 Mexico ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Argentina

In 2021, imports of copper tubes, pipes and fitting into Argentina skyrocketed to X tons, picking up by 22% compared with 2020 figures. In general, imports, however, recorded a slight curtailment. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, copper pipe and fitting imports surged to $X in 2021. Over the period under review, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% 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 +103.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Brazil (X tons) and Mexico (X tons) were the main suppliers of copper pipe and fitting imports to Argentina, together accounting for 92% of total imports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and Mexico ($X) constituted the largest copper pipe and fitting suppliers to Argentina, together accounting for 89% of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +11.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average copper pipe and fitting import price amounted to $X per ton, rising by 49% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Italy ($X per ton) and China ($X per ton), while the price for Mexico ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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