China - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Pipe and Fitting Export in China Rises Slightly to $313M in April 2023
China Copper Pipe And Fitting Exports
Copper pipe and fitting exports from China expanded to 29K tons in April 2023, increasing by 2.2% on March 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 40% against the previous month.
In value terms, copper pipe and fitting exports rose slightly to $313M (IndexBox estimates) in April 2023. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 42% against the previous month.
| COUNTRY | Export Value of Copper Pipe And Fitting in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Thailand | 43.9 | 37.5 | 34.6 | 30.7 | 25.3 | 29.4 | 29.2 | 26.8 | 29.3 | 45.5 | 46.2 | 32.0 | 26.6 |
| United States | 42.6 | 47.9 | 54.7 | 53.9 | 39.8 | 37.3 | 25.8 | 28.3 | 23.2 | 31.8 | 14.3 | 27.3 | 23.1 |
| Japan | 15.1 | 19.0 | 23.0 | 24.3 | 16.6 | 17.5 | 15.7 | 15.8 | 13.4 | 15.1 | 13.0 | 16.2 | 18.8 |
| Russia | 8.2 | 9.9 | 7.7 | 10.9 | 15.0 | 9.7 | 11.4 | 8.0 | 13.8 | 13.0 | 5.7 | 10.8 | 14.8 |
| Australia | 11.8 | 14.9 | 12.9 | 13.9 | 13.3 | 13.1 | 14.7 | 14.8 | 9.5 | 15.6 | 6.9 | 12.0 | 13.0 |
| Malaysia | 12.6 | 14.7 | 14.2 | 15.3 | 12.0 | 16.6 | 12.2 | 16.9 | 14.5 | 13.3 | 11.6 | 11.6 | 11.4 |
| Egypt | 5.5 | 4.4 | 10.9 | 7.7 | 6.5 | 1.2 | 0.7 | 3.6 | 3.3 | 2.1 | 2.8 | 7.1 | 10.5 |
| South Korea | 3.1 | 4.3 | 6.6 | 5.7 | 5.2 | 10.3 | 6.9 | 3.8 | 8.0 | 9.1 | 6.8 | 10.9 | 8.7 |
| Turkey | 13.4 | 13.2 | 5.6 | 5.0 | 4.0 | 4.6 | 3.7 | 4.1 | 5.5 | 10.3 | 9.1 | 8.4 | 8.6 |
| France | 10.6 | 11.6 | 9.4 | 9.3 | 8.1 | 5.9 | 6.6 | 6.2 | 6.3 | 8.8 | 4.1 | 10.2 | 7.9 |
| Mexico | 8.8 | 7.6 | 6.9 | 9.1 | 8.0 | 7.1 | 8.1 | 5.6 | 6.5 | 7.7 | 3.6 | 7.9 | 7.6 |
| Indonesia | 7.3 | 8.8 | 9.2 | 6.3 | 7.9 | 8.5 | 7.2 | 7.7 | 6.7 | 7.1 | 6.3 | 8.8 | 6.7 |
| Poland | 8.2 | 11.4 | 8.3 | 8.9 | 6.7 | 3.6 | 3.0 | 4.2 | 4.7 | 5.4 | 1.8 | 4.7 | 6.5 |
| Others | 158 | 167 | 169 | 173 | 140 | 120 | 111 | 118 | 104 | 144 | 83.8 | 139 | 148 |
| Total | 349 | 372 | 373 | 374 | 309 | 285 | 256 | 264 | 249 | 329 | 216 | 307 | 313 |
Exports by Country
Thailand (2.7K tons), the United States (1.8K tons) and Japan (1.5K tons) were the main destinations of copper pipe and fitting exports from China, together accounting for 21% of total exports. These countries were followed by Russia, Malaysia, Australia, Egypt, Turkey, South Korea, France, Poland, Mexico and Indonesia, which together accounted for a further 32%.
From April 2022 to April 2023, the biggest increases were in South Korea (with a CAGR of +9.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Thailand ($27M), the United States ($23M) and Japan ($19M) appeared to be the largest markets for copper pipe and fitting exported from China worldwide, with a combined 22% share of total exports. These countries were followed by Russia, Australia, Malaysia, Egypt, South Korea, Turkey, France, Mexico, Indonesia and Poland, which together accounted for a further 31%.
South Korea, with a CAGR of +9.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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Exports by Type
Tubes and pipes of refined copper (18K tons) was the largest type of copper pipe and fitting exported from China, accounting for a 63% share of total exports. Moreover, tubes and pipes of refined copper exceeded the volume of the second product type, tube or pipe fittings, couplings, elbows, sleeves of copper alloys (8.1K tons), twofold. Tube or pipe fittings, couplings, elbows, sleeves of refined copper (1.3K tons) ranked third in terms of total exports with a 4.4% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of export of tubes and pipes of refined copper was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: tube or pipe fittings, couplings, elbows, sleeves of copper alloys (-0.4% per month) and tube or pipe fittings, couplings, elbows, sleeves of refined copper (-3.1% per month).
In value terms, tubes and pipes of refined copper ($183M), tube or pipe fittings, couplings, elbows, sleeves of copper alloys ($93M) and tube or pipe fittings, couplings, elbows, sleeves of refined copper ($19M) appeared to be the most exported types of copper tubes, pipes and fitting from China worldwide, together accounting for 94% of total exports. These products were followed by tubes and pipes of copper-zinc base alloys (brass), tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) and tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which together accounted for a further 5.6%.
Tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, with a CAGR of +3.8%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced mixed trend patterns.
Export Prices by Country
In April 2023, the copper pipe and fitting price stood at $10,678 per ton (FOB, China), approximately mirroring the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 1.7% m-o-m. Over the period under review, the average export prices reached the peak figure at $11,818 per ton in June 2022; however, from July 2022 to April 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In April 2023, the countries with the highest prices were the United States ($13,086 per ton) and Japan ($12,227 per ton), while the average price for exports to Poland ($9,276 per ton) and Egypt ($9,596 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.0%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the market for copper pipe and fitting in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442630 - Copper tubes and pipes
- Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
