Price for Copper Alloy Tube or Pipe Fitting in Denmark - 2023

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Denmark (CIF) - 2023
2. Price for Copper Alloy Tube or Pipe Fitting in Denmark (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Denmark
4. Exports of Copper Alloy Tube or Pipe Fitting in Denmark

Price for Copper Alloy Tube or Pipe Fitting in Denmark (CIF) - 2023

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $29,584 per ton in December 2023, with a decrease of -5.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 21% against the previous month. As a result, import price reached the peak level of $31,587 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($47,021 per ton), while the price for China ($15,758 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $31,081 per ton in 2022, reducing by -16.8% against the previous year. In general, the export price saw a slight descent. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, the average export prices hit record highs at $41,567 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($66,934 per ton), while the average price for exports to Norway ($18,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Denmark

After three years of growth, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -4% to 3.1K tons in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 4.9%. As a result, imports reached the peak of 3.3K tons, and then shrank slightly in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys fell to $76M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $77M, and then declined in the following year.

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

1. China (783.5 tons)
2. Germany (614.4 tons)
3. Italy (568.0 tons)
4. Turkey (365.7 tons)
5. Sweden (214.0 tons)
6. Poland (171.8 tons)
7. Netherlands (103.3 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Denmark

In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Denmark contracted to 483 tons, which is down by -2.6% against the year before. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 495 tons, and then reduced modestly in the following year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined markedly to $15M in 2022. Overall, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports attained the peak of $19M, and then fell significantly in the following year.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Denmark in 2022:

1. Norway (119.5 tons)
2. Sweden (50.9 tons)
3. United Kingdom (49.9 tons)
4. Italy (39.1 tons)
5. Germany (32.1 tons)
6. Netherlands (27.7 tons)
7. Iceland (18.5 tons)
8. United States (11.8 tons)
9. China (11.6 tons)
10. Sri Lanka (10.9 tons)
11. Poland (10.6 tons)
12. France (7.8 tons)
13. Russia (6.8 tons)

Source: IndexBox Market Intelligence Platform