Price for Copper Alloy Tube or Pipe Fitting in Algeria - 2022

Price for Copper Alloy Tube or Pipe Fitting in Algeria (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $11,012 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,762 per ton), while the price for China ($7,401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Algeria (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $8,308 per ton, with an increase of 84% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys increased by +93.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($8,441 per ton), while the average price for exports to China stood at $6,708 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.5%).

Imports of Copper Alloy Tube or Pipe Fitting in Algeria

In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -32.7% to 959 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 3.5% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys contracted markedly to $11M in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 7.7% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper Alloy Tube or Pipe Fitting in Algeria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.4	5.5	5.6	3.7	-11.8%
Italy	4.2	5.5	5.1	3.0	-10.6%
Turkey	2.0	1.6	1.7	2.7	10.5%
France	0.4	0.1	0.2	0.6	14.5%
Others	0.5	0.6	0.4	0.6	6.3%
Total	12.5	13.4	13.0	10.6	-5.3%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Algeria in 2022:

China (505.5 tons)
Turkey (230.7 tons)
Italy (169.8 tons)
France (23.5 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Algeria

In 2022, overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -89.3% to 853 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined remarkably to $7.1K in 2022. In general, exports showed a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports reached the peak of $65K. From 2021 to 2022, the growth of the exports of remained at a lower figure.