Price for Copper Tube or Pipe Fitting in Lithuania - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Lithuania (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Lithuania (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Lithuania
- Exports of Copper Tube or Pipe Fitting in Lithuania
Price for Copper Tube or Pipe Fitting in Lithuania (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $27,732 per ton, reducing by -1.7% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +18.5% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. As a result, import price attained the peak level of $32,178 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($32,258 per ton), while the price for China ($19,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Lithuania (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $25,769 per ton in 2022, approximately equating the previous year. In general, the export price showed a slight contraction. The growth pace was the most rapid in 2019 when the average export price increased by 34% against the previous year. The export price peaked at $28,730 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Belarus ($32,858 per ton), while the average price for exports to Ukraine ($20,988 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 Latvia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Lithuania
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Lithuania declined to 34 tons, which is down by -10% against the previous year's figure. Overall, imports showed a mild downturn. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of 37 tons, and then contracted in the following year.
In value terms, copper tube or pipe fitting imports declined to $931K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $1.1M, and then contracted in the following year.
| Import of Copper Tube or Pipe Fitting in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 501 | 488 | 541 | 537 | 2.3% |
| China | 44.3 | 112 | 152 | 178 | 59.0% |
| Italy | 149 | 176 | 249 | 138 | -2.5% |
| Germany | 62.6 | 28.2 | 66.9 | 33.4 | -18.9% |
| Latvia | 6.5 | 10.6 | 15.4 | 14.1 | 29.4% |
| Others | 66.2 | 35.8 | 28.5 | 30.6 | -22.7% |
| Total | 830 | 850 | 1,053 | 931 | 3.9% |
Top Suppliers of Copper Tube or Pipe Fitting to Lithuania in 2022:
- Poland (17.5 tons)
- China (9.0 tons)
- Italy (4.3 tons)
- Germany (1.5 tons)
- Latvia (0.7 tons)
Exports of Copper Tube or Pipe Fitting in Lithuania
After three years of growth, overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -22.2% to 16 tons in 2022. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 3.5% against the previous year. As a result, the exports attained the peak of 20 tons, and then fell significantly in the following year.
In value terms, copper tube or pipe fitting exports reduced rapidly to $407K in 2022. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $525K, and then declined significantly in the following year.
| Export of Copper Tube or Pipe Fitting in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 168 | 67.6 | 159 | 82.7 | -21.0% |
| Ukraine | 63.8 | 106 | 118 | 82.5 | 8.9% |
| Latvia | 23.7 | 53.5 | 55.5 | 61.1 | 37.1% |
| Czech Republic | 56.5 | 71.5 | 101 | 34.5 | -15.2% |
| Poland | 26.7 | 26.0 | 26.1 | 33.4 | 7.7% |
| Estonia | 34.6 | 31.6 | 16.7 | 31.1 | -3.5% |
| Belarus | 85.1 | 29.4 | 25.3 | 26.0 | -32.6% |
| Finland | 1.3 | 11.1 | 15.3 | 23.7 | 163.2% |
| Kazakhstan | 7.9 | 9.3 | 4.5 | 22.3 | 41.3% |
| Others | 1.9 | 11.2 | 4.1 | 9.9 | 73.4% |
| Total | 469 | 417 | 525 | 407 | -4.6% |
Top Export Markets for Copper Tube or Pipe Fitting from Lithuania in 2022:
- Ukraine (3.9 tons)
- Russia (3.8 tons)
- Latvia (2.2 tons)
- Czech Republic (1.1 tons)
- Poland (1.1 tons)
- Estonia (1.0 tons)
- Finland (1.0 tons)
- Belarus (0.8 tons)
- Kazakhstan (0.8 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Lithuania.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
