Hong Kong SAR, 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 Hong Kong SAR - 2023
Contents:
- Price for Copper Pipe and Fitting in Hong Kong SAR (CIF) - 2023
- Price for Copper Pipe and Fitting in Hong Kong SAR (FOB) - 2023
- Imports of Copper Pipe and Fitting in Hong Kong SAR
- Exports of Copper Pipe and Fitting in Hong Kong SAR
Price for Copper Pipe and Fitting in Hong Kong SAR (CIF) - 2023
The average copper pipe and fitting import price stood at $10,600 per ton in June 2023, picking up by 2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 11% m-o-m. The import price peaked at $11,460 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($11,517 per ton), while the price for Australia ($7,644 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 Thailand (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Copper Pipe and Fitting in Hong Kong SAR (FOB) - 2023
In June 2023, the average copper pipe and fitting export price amounted to $14,610 per ton, reducing by -8.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 134% against the previous month. As a result, the export price reached the peak level of $34,068 per ton. From February 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was China ($21,080 per ton), while the average price for exports to Macao SAR stood at $9,874 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.3%).
Imports of Copper Pipe and Fitting in Hong Kong SAR
In 2022, the amount of copper tubes, pipes and fitting imported into Hong Kong SAR reduced to 9K tons, which is down by -6.6% on the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 9.6K tons, and then fell in the following year.
In value terms, copper pipe and fitting imports shrank to $97M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +73.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 76%. As a result, imports reached the peak of $98M, and then reduced modestly in the following year.
| Import of Copper Pipe and Fitting in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 20.0 | 14.1 | 31.0 | 31.0 | 15.7% |
| China | 20.1 | 19.3 | 29.6 | 28.9 | 12.9% |
| South Korea | 11.2 | 8.8 | 15.0 | 15.0 | 10.2% |
| Australia | 7.8 | 8.7 | 11.9 | 11.9 | 15.1% |
| Thailand | 3.2 | 2.1 | 4.5 | 4.5 | 12.0% |
| Japan | 0.5 | 0.3 | 2.1 | 2.2 | 63.9% |
| Others | 4.3 | 2.7 | 4.4 | 3.7 | -4.9% |
| Total | 67.1 | 55.9 | 98.5 | 97.1 | 13.1% |
Top Suppliers of Copper Pipe and Fitting to Hong Kong SAR in 2022:
- China (3.0K tons)
- United Kingdom (2.7K tons)
- South Korea (1.4K tons)
- Australia (1.2K tons)
- Thailand (0.4K tons)
- Japan (0.1K tons)
Exports of Copper Pipe and Fitting in Hong Kong SAR
In 2022, approx. 1.6K tons of copper tubes, pipes and fitting were exported from Hong Kong SAR; picking up by 7% compared with the year before. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% 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 +46.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, copper pipe and fitting exports declined slightly to $24M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +46.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of $25M, and then dropped slightly in the following year.
| Export of Copper Pipe and Fitting in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 13.0 | 20.7 | 18.2 | 19.0% |
| Macao SAR | 3.6 | 2.6 | 3.5 | 4.7 | 9.3% |
| New Zealand | 0.8 | 0.1 | 0.4 | 0.6 | -9.1% |
| Others | 1.6 | 0.8 | 0.9 | 0.8 | -20.6% |
| Total | 16.8 | 16.6 | 25.5 | 24.3 | 13.1% |
Top Export Markets for Copper Pipe and Fitting from Hong Kong SAR in 2022:
- China (924.6 tons)
- Macao SAR (600.6 tons)
- New Zealand (66.3 tons)
This report provides an in-depth analysis of the market for copper pipe and fitting in Hong Kong SAR, 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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
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This report provides an in-depth analysis of the market for copper pipe and fitting in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for copper tube and pipe in Hong Kong SAR, China.
576
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.
492
This report provides an in-depth analysis of the market for copper pipe and fitting in Hong Kong SAR, China.
349
This report provides an in-depth analysis of the market for copper tube and pipe in Hong Kong SAR, China.
576
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.
255
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.
867
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...
865
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...
936
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...
4970
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...
255
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.
867
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...
865
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...
936
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...
4970
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...
