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

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

In December 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $20,388 per ton, picking up by 206% against the previous month. Overall, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($39,769 per ton), while the price for China ($12,152 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 Germany (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In December 2023, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $30,906 per ton, picking up by 21% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.1%. Over the period under review, the average export prices attained the maximum at $31,517 per ton in April 2023; however, from May 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($58,708 per ton), while the average price for exports to Norway ($12,642 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 Belgium (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, which increased by 38% to 17K tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained 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 stood at $179M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Copper Alloy Tube or Pipe Fitting in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	45.4	43.7	59.5	61.1	10.4%
France	14.4	8.7	20.2	27.3	23.8%
Italy	19.4	20.4	24.9	21.1	2.8%
Belgium	10.7	10.0	13.1	16.1	14.6%
China	11.0	13.7	23.7	14.7	10.1%
Norway	4.7	3.3	5.2	6.9	13.7%
Sweden	4.2	4.0	5.7	4.7	3.8%
Turkey	5.0	4.4	5.0	4.1	-6.4%
Others	11.0	14.7	20.6	23.2	28.2%
Total	126	123	178	179	12.4%

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

Germany (6.8K tons)
Italy (2.5K tons)
France (1.8K tons)
China (1.7K tons)
Belgium (1.1K tons)
Norway (0.5K tons)
Turkey (0.4K tons)
Sweden (0.4K tons)

Exports of Copper Alloy Tube or Pipe Fitting in the Netherlands

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 -16.8% to 4.6K tons. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, the exports attained the peak of 5.5K tons, and then fell significantly in the following year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank to $104M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports reached the peak of $108M, and then contracted modestly in the following year.

Export of Copper Alloy Tube or Pipe Fitting in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	25.6	25.6	45.8	40.6	16.6%
Belgium	9.4	10.5	12.3	11.2	6.0%
France	7.4	8.5	12.1	10.9	13.8%
Brazil	0.2	0.3	3.1	6.5	219.1%
Norway	4.4	5.1	5.0	5.2	5.7%
Sweden	5.2	1.9	5.8	5.0	-1.3%
Denmark	3.9	3.5	4.8	4.6	5.7%
United States	3.6	1.9	3.7	4.3	6.1%
Poland	0.8	0.9	2.4	2.2	40.1%
United Kingdom	4.0	3.0	1.3	1.7	-24.8%
Iceland	1.1	1.1	1.5	1.5	10.9%
Others	7.3	6.6	10.0	10.7	13.6%
Total	72.8	68.9	108	104	12.6%