Price for Copper Alloy Tube or Pipe Fitting in Germany - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Germany (FOB) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in Germany (CIF) - 2023
- Exports of Copper Alloy Tube or Pipe Fitting in Germany
- Imports of Copper Alloy Tube or Pipe Fitting in Germany
Price for Copper Alloy Tube or Pipe Fitting in Germany (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $42,396 per ton in December 2023, surging by 6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 8.4% month-to-month. Over the period under review, the average export prices attained the maximum in December 2023.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was China ($60,365 per ton), while the average price for exports to Poland ($32,620 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in Germany (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $24,292 per ton in December 2023, which is down by -5.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 13% against the previous month. As a result, import price reached the peak level of $27,133 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Switzerland ($47,898 per ton), while the price for China ($13,665 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 France (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Alloy Tube or Pipe Fitting in Germany
In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Germany contracted to 23K tons, with a decrease of -9.6% against the previous year's figure. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 25K tons, and then contracted in the following year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank to $778M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of $827M, and then shrank in the following year.
| Export of Copper Alloy Tube or Pipe Fitting in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 78.2 | 81.6 | 101 | 96.6 | 7.3% |
| Netherlands | 71.5 | 71.5 | 84.2 | 82.2 | 4.8% |
| United States | 67.3 | 53.6 | 80.6 | 64.5 | -1.4% |
| France | 44.8 | 46.8 | 56.5 | 59.9 | 10.2% |
| Italy | 41.4 | 39.8 | 51.5 | 51.2 | 7.3% |
| Switzerland | 39.4 | 40.0 | 50.3 | 50.6 | 8.7% |
| Poland | 46.8 | 39.4 | 52.0 | 45.0 | -1.3% |
| Belgium | 26.4 | 25.8 | 33.9 | 28.9 | 3.1% |
| China | 24.3 | 29.8 | 29.7 | 28.5 | 5.5% |
| United Kingdom | 24.7 | 21.9 | 26.4 | 26.1 | 1.9% |
| Czech Republic | 17.3 | 16.5 | 21.5 | 22.5 | 9.2% |
| Hungary | 13.9 | 14.1 | 18.7 | 18.8 | 10.6% |
| Russia | 21.9 | 22.5 | 29.6 | 18.4 | -5.6% |
| Others | 171 | 155 | 192 | 184 | 2.5% |
| Total | 689 | 658 | 827 | 778 | 4.1% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Germany in 2022:
- Austria (2.7K tons)
- Netherlands (1.9K tons)
- France (1.9K tons)
- United States (1.7K tons)
- Italy (1.7K tons)
- Poland (1.7K tons)
- Switzerland (1.5K tons)
- Belgium (1.0K tons)
- Russia (0.7K tons)
- Czech Republic (0.6K tons)
- United Kingdom (0.6K tons)
- China (0.6K tons)
- Hungary (0.6K tons)
Imports of Copper Alloy Tube or Pipe Fitting in Germany
Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Germany reduced modestly to 23K tons in 2022, which is down by -3.6% on 2021 figures. In general, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped modestly to $495M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $503M, and then fell in the following year.
| Import of Copper Alloy Tube or Pipe Fitting in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 143 | 141 | 184 | 178 | 7.6% |
| China | 49.5 | 46.9 | 51.6 | 60.1 | 6.7% |
| Poland | 29.8 | 35.0 | 57.7 | 47.7 | 17.0% |
| Switzerland | 28.3 | 29.2 | 38.3 | 40.0 | 12.2% |
| Netherlands | 13.5 | 11.6 | 21.0 | 24.8 | 22.5% |
| Japan | 15.5 | 14.9 | 20.2 | 21.5 | 11.5% |
| Austria | 14.3 | 15.1 | 18.4 | 17.3 | 6.6% |
| Norway | 17.1 | 16.6 | 15.0 | 13.3 | -8.0% |
| Turkey | 25.8 | 10.7 | 14.2 | 12.6 | -21.3% |
| Czech Republic | 10.1 | 10.8 | 17.0 | 12.0 | 5.9% |
| France | 9.4 | 9.6 | 12.2 | 11.6 | 7.3% |
| Spain | 7.0 | 6.0 | 10.3 | 9.5 | 10.7% |
| India | 2.8 | 2.2 | 3.1 | 5.4 | 24.5% |
| Others | 41.8 | 36.6 | 40.5 | 40.9 | -0.7% |
| Total | 408 | 386 | 503 | 495 | 6.7% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Germany in 2022:
- Italy (8.9K tons)
- China (4.4K tons)
- Poland (1.6K tons)
- Netherlands (1.4K tons)
- Switzerland (1.0K tons)
- Austria (0.8K tons)
- Turkey (0.7K tons)
- Japan (0.6K tons)
- Norway (0.6K tons)
- India (0.4K tons)
- France (0.4K tons)
- Spain (0.4K tons)
- Czech Republic (0.3K tons)
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In December 2022, copper pipe and fittings prices increased 6.8% to $20.5 per kg (FOB, Germany) compared to the previous month.
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
