Price for Copper Tube or Pipe Fitting in the United Arab Emirates - 2021
Contents:
- Price for Copper Tube or Pipe Fitting in the United Arab Emirates (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in the United Arab Emirates (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in the United Arab Emirates
- Exports of Copper Tube or Pipe Fitting in the United Arab Emirates
Price for Copper Tube or Pipe Fitting in the United Arab Emirates (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $13,971 per ton in 2022, reducing by -20.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44%. As a result, import price attained the peak level of $17,598 per ton, and then fell significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($25,688 per ton), while the price for the United States ($11,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in the United Arab Emirates (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $10,757 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 269% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Egypt ($19,751 per ton), while the average price for exports to Tanzania ($1,927 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 Tanzania (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume increased by 34% to 138 tons. Over the period under review, imports, however, saw a sharp curtailment.
In value terms, copper tube or pipe fitting imports expanded markedly to $1.9M in 2022. In general, imports, however, showed a sharp contraction.
| Import of Copper Tube or Pipe Fitting in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 782 | 591 | 724 | 940 | 6.3% |
| United States | 1,141 | 149 | 116 | 466 | -25.8% |
| India | 76.7 | 75.9 | 57.1 | 129 | 18.9% |
| Poland | 314 | 247 | 201 | 126 | -26.2% |
| United Kingdom | 1,191 | 543 | 232 | 29.0 | -71.0% |
| Others | 2,072 | 427 | 483 | 232 | -51.8% |
| Total | 5,577 | 2,032 | 1,813 | 1,923 | -29.9% |
Top Suppliers of Copper Tube or Pipe Fitting to the United Arab Emirates in 2022:
- China (71.9 tons)
- United States (39.7 tons)
- India (10.3 tons)
- Poland (4.9 tons)
- United Kingdom (2.1 tons)
Exports of Copper Tube or Pipe Fitting in the United Arab Emirates
In 2022, approx. 192 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from the United Arab Emirates; reducing by -19.2% on 2021 figures. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.
In value terms, copper tube or pipe fitting exports shrank markedly to $2.1M in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, the exports attained the peak of $2.6M, and then dropped dramatically in the following year.
| Export of Copper Tube or Pipe Fitting in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,046 | 674 | 1,229 | 1,406 | 10.4% |
| Ireland | N/A | N/A | N/A | 156 | 0% |
| India | 34.3 | 54.6 | 261 | 98.2 | 42.0% |
| Egypt | 0.3 | 12.0 | 93.5 | 85.7 | 558.6% |
| Germany | N/A | N/A | 15.2 | 35.6 | 134.2% |
| Tanzania | 35.1 | 3.8 | 0.3 | 14.4 | -25.7% |
| Bahrain | 0.1 | N/A | 1.0 | 9.9 | 362.6% |
| Oman | 292 | 517 | 325 | N/A | 5.5% |
| Saudi Arabia | N/A | 269 | 395 | N/A | 46.8% |
| Others | 1,130 | 53.4 | 232 | 262 | -38.6% |
| Total | 2,538 | 1,584 | 2,552 | 2,068 | -6.6% |
Top Export Markets for Copper Tube or Pipe Fitting from the United Arab Emirates in 2022:
- United Kingdom (128.4 tons)
- Ireland (15.1 tons)
- Tanzania (7.5 tons)
- India (5.4 tons)
- Egypt (4.3 tons)
- Bahrain (3.9 tons)
- Germany (2.7 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in the United Arab Emirates.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
