Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium (CIF) - 2023
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $17,705 per ton in November 2023, with a decrease of -10.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 102% month-to-month. As a result, import price reached the peak level of $25,064 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($77,391 per ton), while the price for India ($12,179 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 Japan (+19.5%), 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 Belgium (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $28,034 per ton in November 2023, picking up by 11% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 18% against the previous month. As a result, the export price reached the peak level of $35,956 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($82,980 per ton), while the average price for exports to Australia ($36,476 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.8%), 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 Belgium
After three years of growth, supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -21% to 16K tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +26.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of 20K tons, and then shrank remarkably in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $159M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +33.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $182M, and then contracted in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 36.2 | 37.4 | 53.4 | 47.3 | 9.3% |
| Germany | 37.4 | 32.1 | 45.7 | 35.5 | -1.7% |
| France | 18.0 | 32.5 | 24.4 | 16.2 | -3.5% |
| China | 5.3 | 7.7 | 8.7 | 12.1 | 31.7% |
| Slovakia | 1.8 | 5.6 | 8.9 | 9.0 | 71.0% |
| Netherlands | 5.9 | 7.1 | 7.5 | 8.3 | 12.0% |
| Poland | 2.9 | 3.6 | 7.7 | 4.4 | 14.9% |
| Others | 11.3 | 17.7 | 25.5 | 26.4 | 32.7% |
| Total | 119 | 144 | 182 | 159 | 10.1% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Belgium in 2022:
- Italy (5.9K tons)
- Germany (2.1K tons)
- Netherlands (1.4K tons)
- France (1.3K tons)
- Poland (1.2K tons)
- China (1.1K tons)
- Slovakia (0.6K tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium
In 2022, overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -3.9% to 3.4K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined modestly to $99M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.8 | 13.6 | 17.4 | 19.0 | 17.2% |
| France | 7.7 | 11.2 | 14.5 | 15.5 | 26.3% |
| Poland | 12.0 | 9.1 | 13.8 | 14.2 | 5.8% |
| Germany | 6.3 | 7.8 | 13.1 | 10.6 | 18.9% |
| United States | 0.5 | 2.1 | 2.7 | 5.3 | 119.7% |
| United Kingdom | 0.7 | 1.8 | 3.3 | 3.6 | 72.6% |
| Australia | 0.7 | 2.7 | 2.3 | 3.4 | 69.4% |
| Italy | 1.0 | 2.0 | 2.9 | 2.5 | 35.7% |
| Luxembourg | 1.5 | 1.8 | 2.7 | 2.3 | 15.3% |
| Austria | 0.5 | 1.5 | 2.2 | 2.3 | 66.3% |
| Spain | 0.4 | 1.8 | 2.4 | 2.2 | 76.5% |
| China | 0.2 | 3.4 | 3.5 | 1.2 | 81.7% |
| Hungary | 1.3 | 1.4 | 1.6 | 1.2 | -2.6% |
| Others | 7.6 | 14.2 | 16.8 | 15.4 | 26.5% |
| Total | 52.1 | 74.6 | 99.1 | 98.8 | 23.8% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Belgium in 2022:
- France (711.5 tons)
- Poland (626.2 tons)
- Netherlands (503.2 tons)
- Germany (362.7 tons)
- Luxembourg (195.2 tons)
- United States (171.4 tons)
- Australia (119.8 tons)
- Spain (93.1 tons)
- United Kingdom (66.1 tons)
- Italy (57.0 tons)
- Austria (56.7 tons)
- Hungary (42.0 tons)
- China (20.4 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Belgium.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
