Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria (CIF) - 2023
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $27,901 per ton, with an increase of 10% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($73,217 per ton), while the price for Turkey ($14,202 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+6.2%), 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 Austria (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $19,676 per ton, surging by 17% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $24,929 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($36,679 per ton), while the average price for exports to the Netherlands ($11,680 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 (+10.7%), 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 Austria
After three years of growth, purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -39.4% to 9.5K tons in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. As a result, imports reached the peak of 16K tons, and then dropped markedly in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $176M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports reached the peak of $198M, and then dropped in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 74.5 | 92.6 | 117 | 112 | 14.6% |
| Turkey | 2.1 | 15.1 | 33.3 | 20.3 | 113.0% |
| Italy | 14.4 | 10.6 | 15.3 | 17.2 | 6.1% |
| Slovenia | 5.9 | 6.7 | 11.3 | 5.2 | -4.1% |
| Poland | 3.1 | 3.8 | 5.0 | 5.0 | 17.3% |
| Spain | 3.6 | 3.0 | 6.2 | 4.1 | 4.4% |
| Others | 11.4 | 6.1 | 9.1 | 12.1 | 2.0% |
| Total | 115 | 138 | 198 | 176 | 15.2% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Austria in 2022:
- Germany (4.9K tons)
- Turkey (1.6K tons)
- Italy (1.5K tons)
- Slovenia (0.5K tons)
- Poland (0.3K tons)
- Spain (0.2K tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -27.3% to 3.7K tons. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 136%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $72M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61%.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.5 | 46.6 | 53.9 | 39.1 | 30.7% |
| Hungary | 3.8 | 4.1 | 3.6 | 4.1 | 2.6% |
| Poland | 4.4 | 3.9 | 5.8 | 3.8 | -4.8% |
| Slovakia | 3.0 | 3.0 | 3.3 | 3.5 | 5.3% |
| Slovenia | 0.8 | 0.8 | 1.2 | 2.3 | 42.2% |
| Ireland | 1.4 | 1.2 | 1.4 | 2.1 | 14.5% |
| Italy | 0.7 | 0.8 | 0.9 | 2.0 | 41.9% |
| New Zealand | 1.0 | 0.4 | 0.8 | 1.0 | 0.0% |
| Netherlands | 0.9 | 0.9 | 1.0 | 0.7 | -8.0% |
| Others | 11.2 | 10.4 | 12.9 | 13.5 | 6.4% |
| Total | 44.6 | 72.0 | 84.7 | 72.2 | 17.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Austria in 2022:
- Germany (2233.0 tons)
- Hungary (216.3 tons)
- Poland (162.7 tons)
- Slovakia (136.7 tons)
- Slovenia (113.4 tons)
- Italy (105.0 tons)
- Ireland (72.7 tons)
- Netherlands (64.2 tons)
- New Zealand (59.0 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Austria.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
