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

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

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $17,827 per ton in March 2022, shrinking by -5.5% against the previous month. Over the period under review, import price indicated noticeable growth from March 2021 to March 2022: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -15.6% against November 2021 indices. The pace of growth appeared the most rapid in August 2021 an increase of 38% m-o-m. The import price peaked at $21,132 per ton in November 2021; however, from December 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Turkey ($27,731 per ton), while the price for China ($13,856 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $4,457 per ton in 2022, waning by -33% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, the average export prices attained the maximum at $9,738 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($12,077 per ton), while the average price for exports to Russia stood at $4,383 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.6%).

Imports of Copper Alloy Tube or Pipe Fitting in Belarus

In 2022, supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -66.8% to 620 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys contracted notably to $8.7M in 2022. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Copper Alloy Tube or Pipe Fitting in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	2.4	2.9	3.7	2.2	-2.9%
Italy	3.1	3.9	3.5	2.1	-12.2%
China	2.6	4.1	3.4	2.0	-8.4%
Poland	1.5	2.3	1.7	1.1	-9.8%
Germany	0.8	0.7	0.5	0.4	-20.6%
Turkey	0.2	0.2	0.4	0.3	14.5%
Czech Republic	0.3	0.3	0.4	0.2	-12.6%
Others	0.7	1.0	0.8	0.5	-10.6%
Total	11.6	15.4	14.4	8.7	-9.1%

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

China (241.9 tons)
Russia (120.1 tons)
Italy (117.2 tons)
Poland (50.3 tons)
Turkey (25.6 tons)
Germany (20.5 tons)
Czech Republic (12.8 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Belarus

In 2022, after three years of growth, there was significant decline in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume decreased by -97.6% to 9.1 tons. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys fell remarkably to $40K in 2022. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, the exports reached the peak of $2.6M, and then dropped notably in the following year.