Price for Copper Tube or Pipe Fitting in Denmark - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Denmark (CIF) - 2023
- Price for Copper Tube or Pipe Fitting in Denmark (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Denmark
- Exports of Copper Tube or Pipe Fitting in Denmark
Price for Copper Tube or Pipe Fitting in Denmark (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $35,739 per ton in June 2023, picking up by 9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 83% against the previous month. Over the period under review, average import prices reached the maximum at $44,714 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($47,204 per ton), while the price for China ($12,691 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 Serbia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Denmark (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $33,384 per ton, dropping by -13.8% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 63%. As a result, the export price reached the peak level of $38,712 per ton, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($77,159 per ton), while the average price for exports to Bulgaria ($12,698 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 Germany (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Denmark
In 2022, after three years of growth, there was significant decline in purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume decreased by -20.6% to 218 tons. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 81%.
In value terms, copper tube or pipe fitting imports totaled $7.1M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.6% 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 +93.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 51%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Copper Tube or Pipe Fitting in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,755 | 2,392 | 2,310 | 1,867 | 2.1% |
| Italy | 199 | 261 | 253 | 1,812 | 108.8% |
| China | 78.9 | 111 | 244 | 1,014 | 134.2% |
| Germany | 823 | 1,734 | 3,165 | 1,010 | 7.1% |
| Serbia | 33.7 | 172 | 450 | 653 | 168.6% |
| United Kingdom | 127 | 338 | 155 | 223 | 20.6% |
| Belgium | 36.1 | 52.2 | 55.3 | 188 | 73.3% |
| Hong Kong SAR | 354 | 316 | 161 | 8.6 | -71.0% |
| Others | 245 | 150 | 117 | 288 | 5.5% |
| Total | 3,651 | 5,527 | 6,911 | 7,065 | 24.6% |
Top Suppliers of Copper Tube or Pipe Fitting to Denmark in 2022:
- China (56.6 tons)
- Poland (50.7 tons)
- Italy (37.1 tons)
- Germany (29.4 tons)
- Serbia (21.2 tons)
- Belgium (7.8 tons)
- United Kingdom (5.8 tons)
- Hong Kong SAR (0.5 tons)
Exports of Copper Tube or Pipe Fitting in Denmark
In 2022, approx. 15 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from Denmark; dropping by -54.6% compared with 2021 figures. Over the period under review, exports recorded a sharp reduction. The smallest decline of -13.4% was in 2021.
In value terms, copper tube or pipe fitting exports contracted notably to $508K in 2022. Overall, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year.
| Export of Copper Tube or Pipe Fitting in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 7.3 | 9.3 | 256 | 264 | 230.7% |
| Bulgaria | 3.9 | 57.7 | 111 | 72.2 | 164.5% |
| Norway | 85.6 | 124 | 89.6 | 58.3 | -12.0% |
| Sweden | 606 | 440 | 323 | 36.1 | -60.9% |
| Germany | 119 | 66.1 | 44.1 | 33.4 | -34.5% |
| Greenland | 43.1 | 24.9 | 16.9 | 12.6 | -33.6% |
| Netherlands | 314 | 80.4 | 5.2 | 1.5 | -83.2% |
| Latvia | 119 | 14.4 | 1.0 | 0.3 | -86.4% |
| Others | 167 | 104 | 449 | 29.0 | -44.2% |
| Total | 1,464 | 920 | 1,296 | 508 | -29.7% |
Top Export Markets for Copper Tube or Pipe Fitting from Denmark in 2022:
- Netherlands (undefined tons)
- Latvia (undefined tons)
- Bulgaria (5.7 tons)
- Poland (5.3 tons)
- Norway (2.1 tons)
- Sweden (0.8 tons)
- Germany (0.4 tons)
- Greenland (0.4 tons)
475
This report provides an in-depth analysis of the market for copper pipe and fitting in Denmark.
607
This report provides an in-depth analysis of the global market for copper pipe and fitting.
