Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil - 2024
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (CIF) - 2024
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (CIF) - 2024
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $18,400 per ton in January 2024, increasing by 5.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices reached the maximum at $21,989 per ton in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($45,443 per ton), while the price for Hong Kong SAR ($11,844 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+6.9%), 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 Brazil (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $44,122 per ton in 2022, rising by 29% against the previous year. Overall, the export price recorded measured growth. The growth pace was the most rapid in 2016 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($60,714 per ton), while the average price for exports to Canada ($6,246 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 the United States (+3.7%), 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 Brazil
Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Brazil expanded markedly to 2.9K tons in 2022, picking up by 13% against the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +47.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $56M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +77.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 9.4 | 14.9 | 18.8 | 23.4% |
| Germany | 6.1 | 4.5 | 8.5 | 9.6 | 16.3% |
| Norway | 5.4 | 4.2 | 7.6 | 8.5 | 16.3% |
| Italy | 4.9 | 4.9 | 6.1 | 6.0 | 7.0% |
| Sweden | 1.7 | 1.4 | 2.2 | 2.5 | 13.7% |
| Hong Kong SAR | 1.2 | 1.0 | 0.8 | 2.1 | 20.5% |
| France | 1.7 | 1.3 | 2.7 | 1.6 | -2.0% |
| Others | 4.9 | 5.0 | 6.6 | 6.9 | 12.1% |
| Total | 36.0 | 31.6 | 49.3 | 56.0 | 15.9% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Brazil in 2022:
- China (1314.6 tons)
- Norway (452.9 tons)
- Italy (325.6 tons)
- Germany (280.2 tons)
- Hong Kong SAR (162.0 tons)
- Sweden (124.2 tons)
- France (55.0 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Brazil shrank markedly to 116 tons, declining by -19.5% compared with 2021. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose slightly to $5.1M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +60.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 890 | 720 | 1,116 | 1,015 | 4.5% |
| Argentina | 408 | 345 | 579 | 688 | 19.0% |
| Chile | 458 | 409 | 640 | 616 | 10.4% |
| United States | 285 | 320 | 324 | 445 | 16.0% |
| India | 3.6 | 4.8 | 116 | 440 | 396.3% |
| Paraguay | 411 | 287 | 464 | 399 | -1.0% |
| Peru | 171 | 150 | 284 | 353 | 27.3% |
| Mexico | 180 | 85.9 | 477 | 325 | 21.8% |
| Bolivia | 139 | 53.7 | 139 | 147 | 1.9% |
| Uruguay | 82.4 | 65.8 | 84.3 | 108 | 9.4% |
| China | 65.4 | 120 | 210 | 33.2 | -20.2% |
| Singapore | 299 | 2.7 | 21.9 | 6.8 | -71.7% |
| Others | 569 | 638 | 478 | 542 | -1.6% |
| Total | 3,963 | 3,200 | 4,932 | 5,119 | 8.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Brazil in 2022:
- Australia (16.7 tons)
- Argentina (15.0 tons)
- United States (14.4 tons)
- Paraguay (13.0 tons)
- Chile (12.4 tons)
- Peru (8.4 tons)
- Mexico (7.9 tons)
- India (7.4 tons)
- Bolivia (5.7 tons)
- Uruguay (2.6 tons)
- China (1.5 tons)
- Singapore (0.1 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Brazil.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
