Price for Copper Tube or Pipe Fitting in the Czech Republic - 2023

Contents:

  1. Price for Copper Tube or Pipe Fitting in the Czech Republic (CIF) - 2022
  2. Price for Copper Tube or Pipe Fitting in the Czech Republic (FOB) - 2023
  3. Imports of Copper Tube or Pipe Fitting in the Czech Republic
  4. Exports of Copper Tube or Pipe Fitting in the Czech Republic

Price for Copper Tube or Pipe Fitting in the Czech Republic (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $19,496 per ton, growing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. Over the period under review, average import prices hit record highs at $21,185 per ton in 2020; however, from 2021 to 2022, 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 Belgium ($31,515 per ton), while the price for Italy ($11,269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Tube or Pipe Fitting in the Czech Republic (FOB) - 2023

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $17,155 per ton in June 2023, almost unchanged from the previous month. Over the period under review, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in January 2023 an increase of 38% against the previous month. Over the period under review, the average export prices hit record highs at $35,008 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($69,751 per ton), while the average price for exports to Slovakia ($7,359 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 Germany (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Tube or Pipe Fitting in the Czech Republic

After three years of growth, supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -14.4% to 1.5K tons in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61%. As a result, imports reached the peak of 1.7K tons, and then declined in the following year.

In value terms, copper tube or pipe fitting imports rose notably to $29M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.2% 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 +82.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Copper Tube or Pipe Fitting in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.96.69.18.821.6%
Thailand3.73.35.17.124.3%
Poland1.93.03.64.028.2%
Italy1.61.83.22.820.5%
Slovakia0.63.82.01.535.7%
Vietnam0.20.40.81.071.0%
Spain0.30.50.60.626.0%
United Kingdom0.90.80.40.3-30.7%
Others1.92.62.52.915.1%
Total16.022.927.429.122.1%

Top Suppliers of Copper Tube or Pipe Fitting to the Czech Republic in 2022:

  1. Germany (545.9 tons)
  2. Italy (249.5 tons)
  3. Thailand (239.5 tons)
  4. Poland (130.5 tons)
  5. Slovakia (73.7 tons)
  6. Vietnam (58.5 tons)
  7. Spain (45.2 tons)
  8. United Kingdom (18.9 tons)

Exports of Copper Tube or Pipe Fitting in the Czech Republic

In 2022, approx. 119 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from the Czech Republic; picking up by 32% compared with 2021 figures. In general, exports, however, saw a abrupt slump.

In value terms, copper tube or pipe fitting exports skyrocketed to $2.7M in 2022. Over the period under review, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year.

Export of Copper Tube or Pipe Fitting in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8698019331,0315.9%
Germany30.3225632614172.6%
Slovakia31216925348315.7%
Poland50.777.5180415101.5%
Turkey292119264125-24.6%
United Kingdom1,3292204.94.9-84.6%
Others49.868.210364.79.1%
Total2,9331,6802,3702,738-2.3%

Top Export Markets for Copper Tube or Pipe Fitting from the Czech Republic in 2022:

  1. Belgium (63.8 tons)
  2. Germany (14.8 tons)
  3. Slovakia (13.4 tons)
  4. Turkey (12.3 tons)
  5. Poland (12.2 tons)
  6. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Copper; tube or pipe fittings (eg couplings, elbows, sleeves) of refined copper - Czech Republic