Price for Copper Tube or Pipe Fitting in Greece - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Greece (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Greece (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Greece
- Exports of Copper Tube or Pipe Fitting in Greece
Price for Copper Tube or Pipe Fitting in Greece (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $11,654 per ton in 2022, falling by -3.7% against the previous year. Overall, the import price recorded a mild decline. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $15,100 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($20,762 per ton), while the price for the UK ($3,772 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Greece (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $17,131 per ton, surging by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 18% against the previous year. The export price peaked at $18,944 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($34,101 per ton), while the average price for exports to Croatia ($11,589 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 Albania (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Greece
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Greece stood at 421 tons, growing by 13% against 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +28.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +113.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 84%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, copper tube or pipe fitting imports expanded markedly to $4.9M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Copper Tube or Pipe Fitting in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 385 | 713 | 1,219 | 1,886 | 69.8% |
| Bulgaria | 533 | 941 | 1,126 | 1,525 | 42.0% |
| Italy | 549 | 648 | 1,262 | 802 | 13.5% |
| Spain | 307 | 343 | 417 | 274 | -3.7% |
| Netherlands | 29.8 | 73.0 | 69.8 | 224 | 95.9% |
| France | 402 | 505 | 299 | 65.2 | -45.5% |
| Others | 120 | 126 | 131 | 132 | 3.2% |
| Total | 2,326 | 3,349 | 4,523 | 4,908 | 28.3% |
Top Suppliers of Copper Tube or Pipe Fitting to Greece in 2022:
- China (153.1 tons)
- Bulgaria (147.9 tons)
- Italy (70.0 tons)
- Netherlands (18.0 tons)
- Spain (17.0 tons)
- France (6.8 tons)
Exports of Copper Tube or Pipe Fitting in Greece
In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of refined copper from Greece contracted rapidly to 4.2 tons, declining by -71.1% compared with 2021. In general, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 96%. As a result, the exports attained the peak of 15 tons, and then dropped rapidly in the following year.
In value terms, copper tube or pipe fitting exports reduced sharply to $72K in 2022. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports attained the peak of $228K, and then shrank significantly in the following year.
| Export of Copper Tube or Pipe Fitting in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 20.7 | 35.5 | 156 | 38.5 | 23.0% |
| Romania | 50.4 | 14.7 | 13.1 | 16.2 | -31.5% |
| Cyprus | 37.1 | 12.2 | 25.4 | 14.3 | -27.2% |
| Serbia | 20.9 | N/A | 1.7 | 1.4 | -59.4% |
| Croatia | N/A | N/A | 6.7 | 0.8 | -88.1% |
| Italy | N/A | 51.3 | N/A | N/A | 0% |
| Others | 16.3 | 5.5 | 25.8 | 0.9 | -61.9% |
| Total | 145 | 119 | 228 | 72.2 | -20.7% |
Top Export Markets for Copper Tube or Pipe Fitting from Greece in 2022:
- Bulgaria (2939.0 kg)
- Cyprus (635.0 kg)
- Romania (474.0 kg)
- Croatia (73.0 kg)
- Serbia (70.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Greece.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
