Iran - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Iran - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Copper Pipe and Fitting in Iran - 2021

Contents:

  1. Price for Copper Pipe and Fitting in Iran (FOB) - 2022
  2. Price for Copper Pipe and Fitting in Iran (CIF) - 2022
  3. Exports of Copper Pipe and Fitting in Iran
  4. Imports of Copper Pipe and Fitting in Iran

Price for Copper Pipe and Fitting in Iran (FOB) - 2022

The average copper pipe and fitting export price stood at $9,502 per ton in 2022, picking up by 4.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 41%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Pakistan ($9,864 per ton) and Turkey ($9,604 per ton), while the average price for exports to the United Arab Emirates ($8,655 per ton) and Kazakhstan ($8,891 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper Pipe and Fitting in Iran (CIF) - 2022

In 2022, the average copper pipe and fitting import price amounted to $8,541 per ton, waning by -9.6% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $11,025 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($36,999 per ton), while the price for China ($6,719 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper Pipe and Fitting in Iran

In 2022, shipments abroad of copper tubes, pipes and fitting decreased by -7.4% to 5.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +42.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 5.9K tons, and then fell in the following year.

In value terms, copper pipe and fitting exports fell modestly to $52M in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 105%. As a result, the exports attained the peak of $54M, and then declined slightly in the following year.

Export of Copper Pipe and Fitting in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey17.519.041.940.231.9%
Iraq0.71.12.92.756.8%
Kazakhstan0.81.21.82.342.2%
United Arab Emirates1.21.91.71.814.5%
Syrian Arab Republic1.21.21.61.45.3%
Pakistan0.10.21.11.0115.4%
Others1.71.72.82.716.7%
Total23.226.353.852.131.0%

Top Export Markets for Copper Pipe and Fitting from Iran in 2022:

  1. Turkey (4185.6 tons)
  2. Iraq (283.8 tons)
  3. Kazakhstan (262.3 tons)
  4. United Arab Emirates (210.3 tons)
  5. Syrian Arab Republic (151.3 tons)
  6. Pakistan (100.5 tons)

Imports of Copper Pipe and Fitting in Iran

In 2022, imports of copper tubes, pipes and fitting into Iran expanded notably to 629 tons, with an increase of 7.2% on the year before. Overall, imports, however, saw a mild reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 828 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, copper pipe and fitting imports fell slightly to $5.4M in 2022. Over the period under review, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Copper Pipe and Fitting in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5542,8123,0523,3459.4%
Turkey1991,09561238624.7%
United Arab Emirates18027434331220.1%
South Korea233235219192-6.2%
UzbekistanN/AN/AN/A75.90%
United Kingdom23215710371.9-32.3%
India87547.086.668.7-57.2%
PolandN/A689N/AN/A0%
Others1,7022,2301,130920-18.5%
Total5,9757,5385,5455,371-3.5%

Top Suppliers of Copper Pipe and Fitting to Iran in 2022:

  1. Poland (undefined tons)
  2. China (497.8 tons)
  3. Turkey (22.2 tons)
  4. United Arab Emirates (19.9 tons)
  5. South Korea (13.3 tons)
  6. Uzbekistan (10.3 tons)
  7. United Kingdom (6.6 tons)
  8. India (4.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper pipe and fitting in Iran. 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:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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