Price for Copper Tube or Pipe Fitting in Angola - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Angola (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Angola (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Angola
- Exports of Copper Tube or Pipe Fitting in Angola
Price for Copper Tube or Pipe Fitting in Angola (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $8,337 per ton, falling by -17.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the peak figure at $10,546 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($40,968 per ton), while the price for the United Arab Emirates ($1,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Angola (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $4,987 per ton in 2020, rising by 38% against the previous year. In general, the export price, however, saw a deep downturn. Over the period under review, the average export prices reached the peak figure at $14,374 per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2015 to 2020, the rate of growth in terms of prices for the UK amounted to -61.0% per year.
Imports of Copper Tube or Pipe Fitting in Angola
In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper increased by 11% to 10 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, copper tube or pipe fitting imports declined to $84K in 2022. In general, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Copper Tube or Pipe Fitting in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 64.5 | 34.3 | 24.5 | 24.3 | -27.8% |
| Norway | N/A | 5.7 | 11.9 | 10.2 | 33.8% |
| Singapore | 0.1 | N/A | 8.8 | 7.5 | 321.7% |
| China | 6.4 | 2.4 | 9.6 | 6.8 | 2.0% |
| South Korea | 0.2 | 7.0 | 7.4 | 6.3 | 215.8% |
| Germany | 10.8 | 6.2 | 6.6 | 5.6 | -19.7% |
| South Africa | 16.5 | 5.8 | 1.5 | 3.8 | -38.7% |
| Spain | 0.1 | 0.1 | 2.2 | 1.8 | 162.1% |
| Lebanon | 1.8 | 1.0 | 1.0 | 0.8 | -23.7% |
| United Arab Emirates | 1.4 | 0.1 | 0.7 | 0.6 | -24.6% |
| Others | 30.4 | 14.0 | 16.5 | 15.9 | -19.4% |
| Total | 132 | 76.6 | 90.6 | 83.6 | -14.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Angola in 2022:
- Portugal (5850.0 kg)
- China (1365.0 kg)
- United Arab Emirates (445.0 kg)
- South Korea (414.0 kg)
- Lebanon (326.0 kg)
- Germany (286.0 kg)
- South Africa (276.0 kg)
- Norway (248.0 kg)
- Singapore (197.0 kg)
- Spain (168.0 kg)
Exports of Copper Tube or Pipe Fitting in Angola
In 2020, exports of tube or pipe fittings, couplings, elbows, sleeves of refined copper from Angola skyrocketed to 150 kg, increasing by 285% on 2019. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting exports surged to $748 in 2020. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper Tube or Pipe Fitting in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Democratic Republic of the Congo | N/A | 748 | 0% | ||
| United Kingdom | 5.0 | N/A | 0% | ||
| Guinea | 42.0 | N/A | 0% | ||
| Portugal | 94.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 141 | 748 | 430.5% | ||
Top Export Markets for Copper Tube or Pipe Fitting from Angola in 2022:
- Democratic Republic of the Congo (150.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Angola.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
