Price for Copper Alloy Tube or Pipe Fitting in Switzerland - 2024

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Switzerland (CIF) - 2024
2. Price for Copper Alloy Tube or Pipe Fitting in Switzerland (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Switzerland
4. Exports of Copper Alloy Tube or Pipe Fitting in Switzerland

Price for Copper Alloy Tube or Pipe Fitting in Switzerland (CIF) - 2024

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $34,613 per ton in January 2024, jumping by 18% against the previous month. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $34,748 per ton in May 2023; however, from June 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($101K per ton), while the price for Poland ($23,589 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Turkey (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $44,211 per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2017 an increase of 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $44,596 per ton in 2021, and then dropped modestly in the following year.

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 Norway ($60,019 per ton), while the average price for exports to Poland ($25,114 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 Austria (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Switzerland

In 2022, approx. 2.9K tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into Switzerland; increasing by 1.8% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +54.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded modestly to $84M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, 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 28% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Germany (1468.9 tons)
2. Italy (843.2 tons)
3. Taiwan (Chinese) (125.8 tons)
4. China (103.3 tons)
5. Poland (100.1 tons)
6. Turkey (55.0 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Switzerland

After three years of growth, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -4.3% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then shrank slightly in the following year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys reduced to $61M in 2022. The total export value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $65M, and then contracted in the following year.

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

1. Germany (867.6 tons)
2. Norway (124.6 tons)
3. Italy (76.6 tons)
4. Austria (48.4 tons)
5. Sweden (30.9 tons)
6. France (28.2 tons)
7. Poland (27.0 tons)

Source: IndexBox Market Intelligence Platform