Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria - 2022

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (CIF) - 2022
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (CIF) - 2022

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $11,378 per ton in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The import price peaked at $11,987 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,836 per ton), while the price for China ($7,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $8,328 per ton, growing by 85% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $9,040 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($15,375 per ton), while the average price for exports to China ($6,438 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 Tunisia (+1.1%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria

In 2022, overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -28.8% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 4.9% against the previous year. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $12M in 2022. Overall, imports recorded a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.55.65.94.3-7.9%
Italy4.05.45.02.9-10.2%
Turkey1.91.61.72.611.0%
Spain0.71.30.60.98.7%
France0.40.10.20.614.5%
Hong Kong SAR0.30.30.40.410.1%
Others0.70.70.50.5-10.6%
Total13.615.014.212.3-3.3%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Algeria in 2022:

  1. China (543.2 tons)
  2. Turkey (222.3 tons)
  3. Italy (167.1 tons)
  4. Spain (52.4 tons)
  5. Hong Kong SAR (41.4 tons)
  6. France (22.7 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -89.4% to 851 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell sharply to $7.1K in 2022. In general, exports saw a dramatic decline. The smallest decline of -0.2% was in 2020.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy47.954.428.95.4-51.7%
China10.28.64.60.9-55.5%
Tunisia6.01.01.90.6-53.6%
Others1.11.10.70.2-43.3%
Total65.265.136.17.1-52.2%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Algeria in 2022:

  1. Italy (672.0 kg)
  2. China (137.0 kg)
  3. Tunisia (40.0 kg)

Source: IndexBox Market Intelligence Platform

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