Price for Copper Tube or Pipe Fitting in Bulgaria - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Bulgaria (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Bulgaria (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Bulgaria
- Exports of Copper Tube or Pipe Fitting in Bulgaria
Price for Copper Tube or Pipe Fitting in Bulgaria (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $21,878 per ton in 2022, rising by 6.3% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper tube or pipe fitting import price increased by +49.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($38,061 per ton), while the price for Greece ($12,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Bulgaria (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $9,670 per ton, reducing by -11.6% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 101% against the previous year. As a result, the export price attained the peak level of $12,554 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($53,667 per ton), while the average price for exports to Georgia ($5,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Bulgaria
In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -67.6% to 35 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 88%. As a result, imports reached the peak of 139 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, copper tube or pipe fitting imports dropped rapidly to $776K in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year.
| Import of Copper Tube or Pipe Fitting in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 479 | 363 | 498 | 392 | -6.5% |
| Poland | 142 | 174 | 238 | 143 | 0.2% |
| Denmark | 1.6 | 57.3 | 119 | 73.7 | 258.5% |
| Czech Republic | N/A | N/A | 35.7 | 47.2 | 32.2% |
| Italy | 239 | 108 | 185 | 37.7 | -46.0% |
| Greece | 1.7 | 33.7 | 93.3 | 35.1 | 174.3% |
| China | 15.9 | 40.4 | 5.1 | 12.3 | -8.2% |
| Romania | 51.4 | 51.3 | 14.0 | 1.5 | -69.2% |
| United Kingdom | 344 | 1,194 | 1,042 | N/A | 74.0% |
| Others | 38.2 | 16.9 | 22.7 | 33.6 | -4.2% |
| Total | 1,314 | 2,038 | 2,251 | 776 | -16.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Bulgaria in 2022:
- Germany (16.1 tons)
- Poland (6.3 tons)
- Denmark (5.7 tons)
- Greece (2.9 tons)
- Italy (1.2 tons)
- Czech Republic (1.2 tons)
- China (0.7 tons)
- Romania (0.1 tons)
Exports of Copper Tube or Pipe Fitting in Bulgaria
Copper tube or pipe fitting exports from Bulgaria declined significantly to 206 kg in 2022, with a decrease of -66.6% compared with 2021. Overall, exports faced a dramatic decline.
In value terms, copper tube or pipe fitting exports reduced sharply to $2K in 2022. In general, exports faced a dramatic setback.
| Export of Copper Tube or Pipe Fitting in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | N/A | 0.9 | 0% |
| Romania | 6.4 | 0.5 | 0.1 | 0.8 | -50.0% |
| North Macedonia | 1.2 | N/A | N/A | 0.3 | -37.0% |
| Spain | 210 | 4.7 | 1.0 | N/A | -93.1% |
| Greece | 772 | 24.2 | 5.6 | N/A | -91.5% |
| Others | 17.6 | 0.1 | 0.1 | N/A | -92.5% |
| Total | 1,007 | 29.7 | 6.7 | 2.0 | -87.4% |
Top Export Markets for Copper Tube or Pipe Fitting from Bulgaria in 2022:
- Georgia (164.0 kg)
- Romania (36.0 kg)
- North Macedonia (6.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bulgaria.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
