Price for Copper Tube or Pipe Fitting in France - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in France (CIF) - 2023
- Price for Copper Tube or Pipe Fitting in France (FOB) - 2023
- Imports of Copper Tube or Pipe Fitting in France
- Exports of Copper Tube or Pipe Fitting in France
Price for Copper Tube or Pipe Fitting in France (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $20,017 per ton in June 2023, 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 +1.7%. The growth pace was the most rapid in August 2022 when the average import price increased by 35% m-o-m. As a result, import price attained the peak level of $23,518 per ton. From September 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Tunisia ($33,764 per ton), while the price for Luxembourg ($1,485 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 Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in France (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $28,785 per ton in June 2023, waning by -1.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in November 2022 when the average export price increased by 19% month-to-month. Over the period under review, the average export prices attained the peak figure at $29,278 per ton in May 2023, and then reduced modestly in the following month.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was the Netherlands ($29,438 per ton), while the average price for exports to the United States ($25,472 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 the Netherlands (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in France
In 2022, after three years of growth, there was significant decline in overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume decreased by -21.3% to 3.1K tons. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year.
In value terms, copper tube or pipe fitting imports shrank to $62M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $70M, and then fell in the following year.
| Import of Copper Tube or Pipe Fitting in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.7 | 17.1 | 25.9 | 23.6 | 19.9% |
| Germany | 8.2 | 10.3 | 16.7 | 14.7 | 21.5% |
| China | 1.8 | 2.6 | 6.8 | 5.5 | 45.1% |
| Italy | 5.0 | 6.0 | 7.1 | 5.4 | 2.6% |
| Netherlands | 1.8 | 2.8 | 4.1 | 3.7 | 27.1% |
| Tunisia | 1.1 | 1.6 | 2.9 | 2.8 | 36.5% |
| Hungary | 0.5 | 0.8 | 1.6 | 1.9 | 56.0% |
| United States | 1.9 | 1.4 | 1.9 | 1.7 | -3.6% |
| Belgium | 0.1 | 0.9 | 1.3 | 1.1 | 122.4% |
| Others | 3.0 | 2.4 | 1.4 | 1.5 | -20.6% |
| Total | 37.2 | 46.0 | 69.7 | 61.9 | 18.5% |
Top Suppliers of Copper Tube or Pipe Fitting to France in 2022:
- Germany (1153.7 tons)
- Spain (886.6 tons)
- China (312.3 tons)
- Italy (218.0 tons)
- Hungary (139.1 tons)
- Netherlands (136.4 tons)
- Tunisia (97.0 tons)
- Belgium (58.6 tons)
- United States (52.2 tons)
Exports of Copper Tube or Pipe Fitting in France
In 2022, approx. 1.7K tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from France; with a decrease of -33.8% compared with the previous year's figure. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 5.6% against the previous year.
In value terms, copper tube or pipe fitting exports shrank significantly to $42M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +28.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of $54M, and then fell sharply in the following year.
| Export of Copper Tube or Pipe Fitting in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.5 | 14.4 | 23.7 | 20.9 | 30.1% |
| United Kingdom | 17.4 | 15.6 | 17.8 | 10.2 | -16.3% |
| United States | 1.7 | 6.7 | 9.7 | 8.7 | 72.3% |
| Spain | 1.4 | 0.5 | 0.1 | 0.2 | -47.7% |
| Others | 2.9 | 3.4 | 3.2 | 2.0 | -11.6% |
| Total | 32.9 | 40.5 | 54.4 | 42.1 | 8.6% |
Top Export Markets for Copper Tube or Pipe Fitting from France in 2022:
- Netherlands (858.1 tons)
- United Kingdom (426.2 tons)
- United States (363.1 tons)
- Spain (7.3 tons)
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