China - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Pipe and Fitting in China - 2023
Contents:
- Price for Copper Pipe and Fitting in China (FOB) - 2023
- Price for Copper Pipe and Fitting in China (CIF) - 2023
- Exports of Copper Pipe and Fitting in China
- Imports of Copper Pipe and Fitting in China
Price for Copper Pipe and Fitting in China (FOB) - 2023
The average copper pipe and fitting export price stood at $10,377 per ton in June 2023, with a decrease of -2.1% against the previous month. In general, the export price recorded a mild setback. The growth pace was the most rapid in March 2023 when the average export price increased by 1.7% month-to-month. Over the period under review, the average export prices reached the peak figure at $11,818 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In June 2023, the countries with the highest prices were the United States ($13,191 per ton) and the UK ($12,463 per ton), while the average price for exports to Israel ($9,183 per ton) and Turkey ($9,240 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.0%), while the prices for the other major destinations experienced a decline.
Price for Copper Pipe and Fitting in China (CIF) - 2023
In June 2023, the average copper pipe and fitting import price amounted to $19,768 per ton, waning by -8.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 33% against the previous month. As a result, import price reached the peak level of $21,532 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($49,694 per ton), while the price for the UK ($9,795 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Pipe and Fitting in China
In 2022, copper pipe and fitting exports from China fell modestly to 351K tons, waning by -1.6% on 2021 figures. The total export volume increased at an average annual rate of +6.1% 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 27%. As a result, the exports reached the peak of 357K tons, and then shrank modestly in the following year.
In value terms, copper pipe and fitting exports amounted to $4B in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +73.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Copper Pipe and Fitting in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 206 | 191 | 382 | 484 | 32.9% |
| Thailand | 256 | 253 | 390 | 441 | 19.9% |
| Taiwan (Chinese) | 147 | 155 | 264 | 241 | 17.9% |
| Japan | 175 | 153 | 240 | 219 | 7.8% |
| Malaysia | 112 | 97.4 | 148 | 186 | 18.4% |
| Australia | 110 | 115 | 153 | 167 | 14.9% |
| Russia | 71.2 | 64.3 | 103 | 119 | 18.7% |
| South Korea | 87.9 | 76.8 | 118 | 109 | 7.4% |
| France | 72.9 | 68.9 | 107 | 105 | 12.9% |
| Indonesia | 70.3 | 68.3 | 97.7 | 95.4 | 10.7% |
| Mexico | 45.7 | 44.2 | 73.6 | 85.5 | 23.2% |
| Turkey | 23.7 | 36.8 | 59.1 | 85.2 | 53.2% |
| Poland | 41.8 | 49.0 | 75.2 | 84.8 | 26.6% |
| Others | 1,012 | 911 | 1,568 | 1,540 | 15.0% |
| Total | 2,432 | 2,284 | 3,780 | 3,963 | 17.7% |
Top Export Markets for Copper Pipe and Fitting from China in 2022:
- Thailand (42.3K tons)
- United States (37.1K tons)
- Taiwan (Chinese) (24.2K tons)
- Malaysia (17.7K tons)
- Japan (17.1K tons)
- Australia (13.9K tons)
- Russia (11.7K tons)
- South Korea (9.9K tons)
- France (9.7K tons)
- Indonesia (9.4K tons)
- Poland (8.3K tons)
- Turkey (8.1K tons)
- Mexico (7.2K tons)
Imports of Copper Pipe and Fitting in China
For the third consecutive year, China recorded decline in overseas purchases of copper tubes, pipes and fitting, which decreased by -14.9% to 23K tons in 2022. Over the period under review, imports recorded a deep contraction. The smallest decline of -3.7% was in 2020.
In value terms, copper pipe and fitting imports shrank to $378M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of $413M, and then declined in the following year.
| Import of Copper Pipe and Fitting in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.0 | 7.3 | 106 | 125 | 296.9% |
| Japan | 58.3 | 54.4 | 84.2 | 77.6 | 10.0% |
| Germany | 35.0 | 43.4 | 50.2 | 44.5 | 8.3% |
| South Korea | 28.1 | 22.5 | 27.2 | 22.2 | -7.6% |
| Italy | 13.8 | 14.1 | 21.9 | 21.8 | 16.5% |
| United States | 39.5 | 54.3 | 15.0 | 15.3 | -27.1% |
| Taiwan (Chinese) | 10.4 | 11.3 | 14.8 | 11.5 | 3.4% |
| United Kingdom | 16.1 | 11.0 | 14.0 | 11.2 | -11.4% |
| Malaysia | 16.9 | 15.8 | 4.8 | 7.0 | -25.5% |
| Vietnam | 88.4 | 86.0 | 33.2 | 6.4 | -58.3% |
| Others | 41.7 | 40.4 | 42.6 | 35.6 | -5.1% |
| Total | 350 | 360 | 413 | 378 | 2.6% |
Top Suppliers of Copper Pipe and Fitting to China in 2022:
- Thailand (11.4K tons)
- Japan (3.9K tons)
- Germany (1.6K tons)
- South Korea (1.3K tons)
- United Kingdom (0.9K tons)
- Italy (0.8K tons)
- Malaysia (0.6K tons)
- Vietnam (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the market for copper pipe and fitting in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442630 - Copper tubes and pipes
- Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
365
This report provides an in-depth analysis of the market for copper pipe and fitting in China.
355
This report provides an in-depth analysis of the market for copper tube and pipe in China.
578
This report provides an in-depth analysis of the global market for copper pipe and fitting.
643
This report provides an in-depth analysis of the global market for copper tube and pipe.
365
This report provides an in-depth analysis of the market for copper pipe and fitting in China.
355
This report provides an in-depth analysis of the market for copper tube and pipe in China.
578
This report provides an in-depth analysis of the global market for copper pipe and fitting.
643
This report provides an in-depth analysis of the global market for copper tube and pipe.
263
In value terms, copper pipe and fitting exports rose slightly to $313M in April 2023.
267
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.
877
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
875
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
949
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
4992
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
263
In value terms, copper pipe and fitting exports rose slightly to $313M in April 2023.
267
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.
877
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
875
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
