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

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

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $11,428 per ton, growing by 13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 59%. As a result, import price reached the peak level of $13,681 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,616 per ton), while the price for Italy ($10,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $7,903 per ton, dropping by -9.3% against the previous year. In general, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of 51%. The export price peaked at $11,551 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kosovo ($15,135 per ton), while the average price for exports to Belgium ($1,219 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 Kosovo (+29.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Alloy Tube or Pipe Fitting in Greece

In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -14.4% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. As a result, imports reached the peak of 2.6K tons, and then fell in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped to $25M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of $26M, and then contracted slightly in the following year.

Import of Copper Alloy Tube or Pipe Fitting in Greece (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	8.2	10.1	14.6	13.3	17.5%
China	4.5	4.5	8.0	7.7	19.6%
Bulgaria	0.2	0.1	0.7	1.6	100.0%
Germany	0.9	0.9	1.2	1.0	3.6%
Others	1.4	1.4	1.6	1.5	2.3%
Total	15.2	17.0	26.1	25.2	18.4%

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

Italy (1262.7 tons)
China (656.3 tons)
Bulgaria (140.7 tons)
Germany (52.7 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Greece

In 2022, after two years of decline, there was significant growth in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume increased by 37% to 1.6K tons. Over the period under review, exports, however, continue to indicate a deep contraction.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $13M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Copper Alloy Tube or Pipe Fitting in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bulgaria	1,408	2,401	5,314	6,149	63.5%
Germany	1,347	1,176	2,376	3,350	35.5%
Netherlands	N/A	4.7	262	769	1179.1%
Kosovo	N/A	36.3	327	679	332.5%
France	120	126	200	296	35.1%
Serbia	252	326	265	277	3.2%
Cyprus	324	392	509	258	-7.3%
North Macedonia	189	302	145	103	-18.3%
Romania	5,456	711	91.1	46.3	-79.6%
Belgium	82.7	145	86.0	34.2	-25.5%
Others	928	1,871	499	556	-15.7%
Total	10,107	7,491	10,073	12,516	7.4%