Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia - 2024
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $21,072 per ton in 2022, increasing by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($22,247 per ton) and Germany ($21,540 per ton), while the price for Taiwan (Chinese) ($20,730 per ton) and Italy ($20,731 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.5%), 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 Australia (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $18,728 per ton, shrinking by -30.7% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 66% against the previous year. Over the period under review, the average export prices attained the maximum at $27,038 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23,686 per ton), while the average price for exports to Hong Kong SAR ($9,666 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 New Zealand (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia
In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Australia rose modestly to 8.3K tons, surging by 2.3% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded markedly to $174M in 2022. The total import value increased at an average annual rate of +9.8% over the period 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 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.3 | 73.6 | 95.4 | 101 | 10.3% |
| Spain | 11.9 | 11.9 | 19.2 | 18.1 | 15.0% |
| Poland | 12.5 | 7.6 | 11.2 | 11.9 | -1.6% |
| Taiwan (Chinese) | 3.0 | 4.0 | 5.3 | 7.4 | 35.1% |
| Germany | 7.8 | 7.0 | 5.1 | 6.5 | -5.9% |
| United States | 4.5 | 3.5 | 5.5 | 5.6 | 7.6% |
| Italy | 2.5 | 2.9 | 3.2 | 3.8 | 15.0% |
| Belgium | 0.9 | 2.0 | 2.3 | 3.3 | 54.2% |
| United Kingdom | 1.2 | 1.9 | 2.5 | 3.0 | 35.7% |
| Others | 12.1 | 10.9 | 12.4 | 13.4 | 3.5% |
| Total | 132 | 125 | 162 | 174 | 9.6% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Australia in 2022:
- China (4834.6 tons)
- Spain (813.7 tons)
- Poland (558.3 tons)
- Taiwan (Chinese) (359.2 tons)
- Germany (303.9 tons)
- United States (267.9 tons)
- Italy (184.6 tons)
- Belgium (154.6 tons)
- United Kingdom (144.6 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia
In 2022, approx. 3.1K tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were exported from Australia; with an increase of 61% on the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 123%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose sharply to $58M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 131%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 19.5 | 47.6 | 42.4 | 51.5% |
| Hong Kong SAR | N/A | N/A | 0.4 | 5.8 | 1350.0% |
| Singapore | N/A | 0.1 | N/A | 2.9 | 438.5% |
| New Zealand | 1.1 | 1.2 | 1.8 | 2.9 | 38.1% |
| Malaysia | N/A | N/A | N/A | 1.5 | 0% |
| Papua New Guinea | 0.4 | 0.7 | 0.6 | 0.9 | 31.0% |
| Chile | 4.8 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.8 | 1.3 | 1.3 | 9.1% |
| Total | 19.6 | 22.4 | 51.8 | 57.8 | 43.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Australia in 2022:
- United States (1791.0 tons)
- Hong Kong SAR (603.4 tons)
- Singapore (274.6 tons)
- New Zealand (211.0 tons)
- Malaysia (88.3 tons)
- Papua New Guinea (56.6 tons)
- Chile (0.4 tons)
398
This report provides an in-depth analysis of the market for copper pipe and fitting in Australia.
586
This report provides an in-depth analysis of the global market for copper pipe and fitting.
