Price for Copper Alloy Tube or Pipe Fitting in the Czech Republic - 2023

Contents:

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

Price for Copper Alloy Tube or Pipe Fitting in the Czech Republic (CIF) - 2023

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $7,363 per ton in December 2023, increasing by 15% against the previous month. Overall, the import price saw notable growth. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 132% against the previous month. The import price peaked at $11,874 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($17,761 per ton), while the price for France ($1,476 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 Ireland (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in the Czech Republic (FOB) - 2023

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $20,337 per ton in December 2023, dropping by -6.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 16% month-to-month. The export price peaked at $25,484 per ton in July 2023; however, from August 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($34,615 per ton), while the average price for exports to Italy ($6,645 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 Slovakia (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Alloy Tube or Pipe Fitting in the Czech Republic

In 2022, approx. 9.7K tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into the Czech Republic; picking up by 38% on 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +88.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded significantly to $112M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Copper Alloy Tube or Pipe Fitting in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy21.519.529.927.88.9%
Germany13.717.625.126.724.9%
China14.714.417.826.121.1%
Denmark0.20.30.64.0171.4%
Poland1.62.33.53.732.2%
Slovakia2.32.73.13.616.1%
Turkey2.32.43.63.413.9%
United Kingdom8.26.93.22.8-30.1%
France2.10.91.32.10.0%
Austria1.01.51.81.719.3%
Others7.95.98.910.39.2%
Total75.474.399.111214.1%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to the Czech Republic in 2022:

  1. China (2519.8 tons)
  2. Germany (2218.5 tons)
  3. Italy (2086.3 tons)
  4. France (712.0 tons)
  5. Denmark (433.7 tons)
  6. Turkey (276.0 tons)
  7. Slovakia (268.1 tons)
  8. Poland (184.2 tons)
  9. Austria (146.1 tons)
  10. United Kingdom (128.1 tons)

Exports of Copper Alloy Tube or Pipe Fitting in the Czech Republic

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 -19.9% to 1.9K tons. The total export volume increased at an average annual rate of +1.7% 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 with an increase of 17% against the previous year. As a result, the exports attained the peak of 2.3K tons, and then shrank notably in the following year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank rapidly to $35M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports reached the peak of $43M, and then declined sharply in the following year.

Export of Copper Alloy Tube or Pipe Fitting in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia9.29.610.811.47.4%
Germany11.011.916.510.7-0.9%
Poland2.82.03.43.35.6%
Italy1.62.83.02.211.2%
Austria0.20.30.41.176.5%
Hungary0.70.70.81.012.6%
Romania0.70.71.00.98.7%
France0.30.70.70.626.0%
Russia1.21.21.30.6-20.6%
TurkeyN/AN/A0.10.5400.0%
Israel0.32.31.9N/A151.7%
Others3.23.03.53.1-1.1%
Total31.135.343.435.44.4%

Top Export Markets for Copper Alloy Tube or Pipe Fitting from the Czech Republic in 2022:

  1. Slovakia (579.0 tons)
  2. Germany (453.0 tons)
  3. Poland (237.7 tons)
  4. Italy (168.1 tons)
  5. Romania (76.6 tons)
  6. Austria (65.1 tons)
  7. Hungary (57.1 tons)
  8. Turkey (39.4 tons)
  9. Russia (32.5 tons)
  10. France (29.5 tons)

Source: IndexBox Market Intelligence Platform

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