Price for Copper Tube or Pipe Fitting in Poland - 2023

Contents:

  1. Price for Copper Tube or Pipe Fitting in Poland (FOB) - 2023
  2. Price for Copper Tube or Pipe Fitting in Poland (CIF) - 2023
  3. Exports of Copper Tube or Pipe Fitting in Poland
  4. Imports of Copper Tube or Pipe Fitting in Poland

Price for Copper Tube or Pipe Fitting in Poland (FOB) - 2023

In June 2023, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $41,764 per ton, surging by 34% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($122K per ton), while the average price for exports to the UK ($23,879 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper Tube or Pipe Fitting in Poland (CIF) - 2023

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $19,440 per ton in June 2023, jumping by 26% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 39% month-to-month. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($30,996 per ton), while the price for Spain ($18,142 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 (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper Tube or Pipe Fitting in Poland

Copper tube or pipe fitting exports from Poland fell dramatically to 3.8K tons in 2022, reducing by -16.4% compared with the previous year. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 14%.

In value terms, copper tube or pipe fitting exports shrank to $127M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +30.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $142M, and then dropped in the following year.

Export of Copper Tube or Pipe Fitting in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.536.447.343.46.9%
Australia16.514.622.720.16.8%
United States2.610.89.110.358.2%
Czech Republic4.44.46.87.217.8%
Netherlands2.94.87.56.027.4%
Spain3.23.15.95.318.3%
Italy3.63.25.64.68.5%
Hungary2.62.73.23.27.2%
Finland3.92.52.83.0-8.4%
Romania3.23.14.32.8-4.4%
United Kingdom3.73.03.72.8-8.9%
Sweden1.61.62.62.820.5%
Russia1.51.82.11.0-12.6%
Others12.012.518.814.46.3%
Total97.21051421279.3%

Top Export Markets for Copper Tube or Pipe Fitting from Poland in 2022:

  1. Germany (1413.5 tons)
  2. Australia (427.4 tons)
  3. Spain (293.4 tons)
  4. Czech Republic (253.2 tons)
  5. Italy (174.2 tons)
  6. United Kingdom (136.1 tons)
  7. Romania (134.5 tons)
  8. Hungary (126.4 tons)
  9. United States (99.6 tons)
  10. Netherlands (81.8 tons)
  11. Finland (75.9 tons)
  12. Sweden (64.7 tons)
  13. Russia (46.4 tons)

Imports of Copper Tube or Pipe Fitting in Poland

After three years of growth, supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -13.3% to 4.8K tons in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 5.5K tons, and then dropped in the following year.

In value terms, copper tube or pipe fitting imports fell to $82M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +26.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of $95M, and then contracted in the following year.

Import of Copper Tube or Pipe Fitting in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain40.742.962.249.46.7%
Belgium11.16.910.912.54.0%
Germany8.98.411.77.8-4.3%
China1.42.74.67.171.8%
Italy1.11.52.41.920.0%
Others3.42.03.32.8-6.3%
Total66.564.395.081.67.1%

Top Suppliers of Copper Tube or Pipe Fitting to Poland in 2022:

  1. Spain (3268.2 tons)
  2. Belgium (571.3 tons)
  3. China (382.6 tons)
  4. Germany (319.6 tons)
  5. Italy (91.9 tons)

Source: IndexBox Market Intelligence Platform

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