Price for Copper Tube or Pipe Fitting in Finland - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Finland (CIF) - 2023
- Price for Copper Tube or Pipe Fitting in Finland (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Finland
- Exports of Copper Tube or Pipe Fitting in Finland
Price for Copper Tube or Pipe Fitting in Finland (CIF) - 2023
In June 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $36,174 per ton, rising by 1.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 14% against the previous month. The import price peaked at $38,968 per ton in April 2023; however, from May 2023 to June 2023, import prices stood 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 Germany ($45,184 per ton), while the price for the Netherlands ($23,051 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 China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Finland (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $38,965 per ton, rising by 50% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($77,732 per ton), while the average price for exports to Lithuania ($22,400 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 Norway (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Finland
In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper were finally on the rise to reach 462 tons after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting imports skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 3.8 | 4.1 | 4.0 | 0.8% |
| Italy | 0.8 | 2.0 | 1.5 | 3.6 | 65.1% |
| China | 2.2 | 2.0 | 2.4 | 3.5 | 16.7% |
| Poland | 1.1 | 1.1 | 1.8 | 1.7 | 15.6% |
| United Kingdom | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
| Netherlands | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Belgium | 3.7 | 1.6 | 0.3 | 0.3 | -56.7% |
| Others | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Total | 12.6 | 11.2 | 11.0 | 14.2 | 4.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Finland in 2022:
- Italy (166.4 tons)
- Germany (105.9 tons)
- China (101.0 tons)
- Poland (42.3 tons)
- United Kingdom (20.0 tons)
- Netherlands (13.1 tons)
- Belgium (4.8 tons)
Exports of Copper Tube or Pipe Fitting in Finland
For the third consecutive year, Finland recorded decline in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, which decreased by -67.4% to 1.1 tons in 2022. Overall, exports faced a significant curtailment. The smallest decline of -44.7% was in 2021.
In value terms, copper tube or pipe fitting exports shrank significantly to $43K in 2022. In general, exports saw a dramatic downturn. The smallest decline of -47.3% was in 2021.
| Export of Copper Tube or Pipe Fitting in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 99.2 | 21.7 | 10.0 | 22.2 | -39.3% |
| Estonia | 4.1 | 3.0 | 0.5 | 9.2 | 30.9% |
| Russia | 0.1 | N/A | N/A | 5.5 | 280.3% |
| Latvia | 12.0 | 1.7 | 0.8 | 1.9 | -45.9% |
| Lithuania | 1.4 | 1.0 | 0.3 | 1.3 | -2.4% |
| Poland | 162 | 83.6 | 52.9 | 1.1 | -81.1% |
| Germany | 14.2 | 45.2 | 15.1 | 0.1 | -80.8% |
| Others | 22.6 | 8.7 | 7.3 | 1.2 | -62.4% |
| Total | 316 | 165 | 86.9 | 42.5 | -48.8% |
Top Export Markets for Copper Tube or Pipe Fitting from Finland in 2022:
- Sweden (535.0 kg)
- Estonia (349.0 kg)
- Russia (71.0 kg)
- Lithuania (60.0 kg)
- Poland (31.0 kg)
- Latvia (30.0 kg)
- Germany (3.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Finland.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
