Price for Copper Tube or Pipe Fitting in Slovakia - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Slovakia (CIF) - 2023
- Price for Copper Tube or Pipe Fitting in Slovakia (FOB) - 2023
- Imports of Copper Tube or Pipe Fitting in Slovakia
- Exports of Copper Tube or Pipe Fitting in Slovakia
Price for Copper Tube or Pipe Fitting in Slovakia (CIF) - 2023
In June 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $18,537 per ton, approximately reflecting the previous month. In general, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 26% m-o-m. As a result, import price attained the peak level of $23,666 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($32,091 per ton), while the price for China ($2,374 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 Hungary (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Tube or Pipe Fitting in Slovakia (FOB) - 2023
In June 2023, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $45,160 per ton, picking up by 27% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 an increase of 40% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($74,621 per ton), while the average price for exports to France ($21,635 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 France (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Slovakia
In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -7.2% to 304 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% 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 decreased by -30.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, imports reached the peak of 436 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, copper tube or pipe fitting imports shrank to $5.7M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of $5.9M, and then fell slightly in the following year.
| Import of Copper Tube or Pipe Fitting in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,682 | 1,681 | 1,751 | 1,813 | 2.5% |
| South Korea | 951 | 917 | 1,028 | 1,152 | 6.6% |
| Hungary | 55.1 | 49.3 | 1,133 | 917 | 155.3% |
| Poland | 625 | 653 | 775 | 731 | 5.4% |
| Italy | 1,060 | 978 | 478 | 398 | -27.9% |
| China | 70.5 | 238 | 211 | 221 | 46.4% |
| Others | 619 | 498 | 556 | 475 | -8.4% |
| Total | 5,063 | 5,015 | 5,933 | 5,707 | 4.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Slovakia in 2022:
- Hungary (101.0 tons)
- Germany (86.3 tons)
- South Korea (40.7 tons)
- China (23.4 tons)
- Poland (20.6 tons)
- Italy (15.1 tons)
Exports of Copper Tube or Pipe Fitting in Slovakia
After three years of growth, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -19.5% to 58 tons in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 14%.
In value terms, copper tube or pipe fitting exports rose sharply to $2.1M in 2022. The total export value increased at an average annual rate of +12.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Copper Tube or Pipe Fitting in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 344 | 428 | 517 | 723 | 28.1% |
| Switzerland | 448 | 472 | 492 | 430 | -1.4% |
| France | 16.3 | 11.1 | 37.0 | 188 | 125.9% |
| Romania | 78.8 | 97.6 | 94.2 | 139 | 20.8% |
| Poland | 157 | 146 | 78.3 | 126 | -7.1% |
| Croatia | 59.6 | 60.4 | 59.1 | 89.2 | 14.4% |
| Hungary | 48.9 | 60.9 | 58.9 | 60.0 | 7.1% |
| Czech Republic | 64.1 | 55.0 | 37.2 | 54.6 | -5.2% |
| Austria | 52.8 | 94.5 | 63.3 | 47.3 | -3.6% |
| Others | 163 | 341 | 481 | 199 | 6.9% |
| Total | 1,432 | 1,767 | 1,918 | 2,056 | 12.8% |
Top Export Markets for Copper Tube or Pipe Fitting from Slovakia in 2022:
- Italy (15.1 tons)
- Switzerland (14.7 tons)
- France (13.9 tons)
- Romania (2.9 tons)
- Poland (2.5 tons)
- Croatia (1.8 tons)
- Czech Republic (1.2 tons)
- Hungary (1.2 tons)
- Austria (0.8 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Slovakia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
