Canada - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Tube and Pipe in Canada - 2023
Contents:
- Price for Copper Tube and Pipe in Canada (FOB) - 2023
- Price for Copper Tube and Pipe in Canada (CIF) - 2023
- Exports of Copper Tube and Pipe in Canada
- Imports of Copper Tube and Pipe in Canada
Price for Copper Tube and Pipe in Canada (FOB) - 2023
The average copper tube and pipe export price stood at $12,304 per ton in June 2023, with a decrease of -7.3% against the previous month. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 7% against the previous month. Over the period under review, the average export prices reached the peak figure at $14,276 per ton in June 2022; however, from July 2022 to June 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 the United States ($13,691 per ton), while the average price for exports to the UK ($6,286 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-0.3%), while the prices for the other major destinations experienced a decline.
Price for Copper Tube and Pipe in Canada (CIF) - 2023
In June 2023, the average copper tube and pipe import price amounted to $12,676 per ton, falling by -5.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 12% against the previous month. As a result, import price reached the peak level of $14,381 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($18,791 per ton), while the price for Thailand ($10,229 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 Mexico (+3.4%), while the prices for the other major suppliers experienced a decline.
Exports of Copper Tube and Pipe in Canada
In 2022, the amount of copper tubes and pipes exported from Canada declined to 15K tons, which is down by -13.4% against 2021 figures. Over the period under review, exports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 5%. As a result, the exports reached the peak of 17K tons, and then dropped in the following year.
In value terms, copper tube and pipe exports reduced to $205M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +35.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports reached the peak of $238M, and then declined in the following year.
| Export of Copper Tube and Pipe in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 139 | 152 | 224 | 194 | 11.8% |
| United Kingdom | 3.4 | 2.8 | 3.7 | 3.9 | 4.7% |
| Australia | 1.9 | 2.7 | 3.5 | 3.8 | 26.0% |
| Others | 6.7 | 4.5 | 7.2 | 4.2 | -14.4% |
| Total | 151 | 162 | 238 | 205 | 10.7% |
Top Export Markets for Copper Tube and Pipe from Canada in 2022:
- United States (12.2K tons)
- Australia (0.5K tons)
- United Kingdom (0.4K tons)
Imports of Copper Tube and Pipe in Canada
In 2022, approx. 12K tons of copper tubes and pipes were imported into Canada; surging by 42% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +83.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper tube and pipe imports surged to $163M in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 70%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Copper Tube and Pipe in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.1 | 26.7 | 38.9 | 59.3 | 19.1% |
| Mexico | 14.8 | 10.1 | 15.8 | 26.1 | 20.8% |
| Italy | 5.7 | 4.6 | 12.1 | 19.2 | 49.9% |
| China | 8.0 | 6.9 | 11.4 | 15.6 | 24.9% |
| Vietnam | 3.4 | 3.4 | 9.2 | 14.0 | 60.3% |
| South Korea | 1.5 | 1.7 | 5.0 | 7.3 | 69.5% |
| India | 2.7 | 2.0 | 3.5 | 5.1 | 23.6% |
| Bahrain | 2.0 | 1.1 | 2.6 | 4.2 | 28.1% |
| Serbia | 3.1 | 0.7 | 1.4 | 3.3 | 2.1% |
| Thailand | 0.6 | 1.3 | 1.6 | 2.5 | 60.9% |
| Others | 5.1 | 5.5 | 7.0 | 6.9 | 10.6% |
| Total | 82.1 | 63.9 | 108 | 163 | 25.7% |
Top Suppliers of Copper Tube and Pipe to Canada in 2022:
- United States (4.1K tons)
- Mexico (2.3K tons)
- Vietnam (1.2K tons)
- China (1.2K tons)
- Italy (1.1K tons)
- South Korea (0.6K tons)
- Bahrain (0.5K tons)
- India (0.5K tons)
- Serbia (0.3K tons)
- Thailand (0.2K tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Canada. 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
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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 tube and pipe in Canada.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Canada.
633
This report provides an in-depth analysis of the global market for copper tube and pipe.
564
This report provides an in-depth analysis of the global market for copper pipe and fitting.
429
This report provides an in-depth analysis of the market for copper tube and pipe in Canada.
472
This report provides an in-depth analysis of the market for copper pipe and fitting in Canada.
633
This report provides an in-depth analysis of the global market for copper tube and pipe.
564
This report provides an in-depth analysis of the global market for copper pipe and fitting.
865
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...
862
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...
934
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...
4961
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...
245
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.
865
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...
862
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...
934
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...
4961
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...
245
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.
