Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (FOB) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (CIF) - 2023
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (FOB) - 2023
In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $39,535 per ton, which is down by -2.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 10% m-o-m. The export price peaked at $40,724 per ton in October 2023, and then fell modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was China ($53,730 per ton), while the average price for exports to the UK ($34,782 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 Turkey (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (CIF) - 2023
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $26,034 per ton in November 2023, reducing by -3.4% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in April 2023 an increase of 18% month-to-month. As a result, import price attained the peak level of $27,321 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($44,650 per ton), while the price for Hong Kong SAR ($13,179 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 France (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
In 2022, approx. 29K tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were exported from Germany; waning by -13.1% against the previous year's figure. In general, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports reached the peak of 34K tons, and then dropped in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted to $983M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $1.1B, and then fell in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 207 | 141 | 177 | 143 | -11.6% |
| Austria | 86.6 | 91.0 | 111 | 106 | 7.0% |
| Netherlands | 79.1 | 79.1 | 94.1 | 93.3 | 5.7% |
| France | 54.0 | 56.0 | 71.6 | 73.5 | 10.8% |
| Italy | 47.8 | 45.6 | 61.0 | 58.7 | 7.1% |
| Poland | 55.6 | 49.4 | 66.7 | 55.0 | -0.4% |
| Switzerland | 40.7 | 41.4 | 52.1 | 52.7 | 9.0% |
| United Kingdom | 38.4 | 36.3 | 43.3 | 46.8 | 6.8% |
| Belgium | 33.7 | 33.4 | 43.8 | 34.9 | 1.2% |
| Czech Republic | 23.6 | 25.6 | 36.7 | 31.7 | 10.3% |
| China | 25.3 | 30.4 | 30.4 | 29.7 | 5.5% |
| Sweden | 17.7 | 19.1 | 21.9 | 20.4 | 4.8% |
| Denmark | 16.4 | 16.0 | 19.4 | 19.3 | 5.6% |
| Others | 205 | 193 | 244 | 218 | 2.1% |
| Total | 930 | 857 | 1,073 | 983 | 1.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Germany in 2022:
- United States (4.1K tons)
- Austria (2.9K tons)
- France (2.3K tons)
- Netherlands (2.2K tons)
- Poland (2.1K tons)
- Italy (1.9K tons)
- United Kingdom (1.6K tons)
- Switzerland (1.6K tons)
- Belgium (1.2K tons)
- Czech Republic (0.9K tons)
- Denmark (0.7K tons)
- Sweden (0.7K tons)
- China (0.7K tons)
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Germany shrank to 29K tons in 2022, reducing by -6.7% compared with the previous year. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports reached the peak of 31K tons, and then reduced in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted slightly to $604M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $626M, and then contracted modestly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 146 | 145 | 191 | 185 | 8.2% |
| China | 66.4 | 59.4 | 69.3 | 82.6 | 7.5% |
| Poland | 55.1 | 60.8 | 94.5 | 77.9 | 12.2% |
| Austria | 14.9 | 23.2 | 52.2 | 42.4 | 41.7% |
| Switzerland | 29.7 | 30.2 | 40.0 | 41.9 | 12.2% |
| Netherlands | 19.7 | 20.2 | 30.7 | 31.2 | 16.6% |
| Japan | 15.6 | 14.9 | 20.2 | 21.5 | 11.3% |
| Turkey | 27.3 | 12.6 | 16.9 | 15.7 | -16.8% |
| Norway | 17.1 | 16.6 | 15.0 | 13.3 | -8.0% |
| France | 9.5 | 10.6 | 12.4 | 12.0 | 8.1% |
| Belgium | 6.7 | 6.1 | 11.0 | 10.0 | 14.3% |
| Others | 66.8 | 62.3 | 73.1 | 70.4 | 1.8% |
| Total | 475 | 462 | 626 | 604 | 8.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Germany in 2022:
- Italy (9.2K tons)
- China (5.1K tons)
- Poland (3.1K tons)
- Austria (2.7K tons)
- Netherlands (1.7K tons)
- Switzerland (1.0K tons)
- Turkey (0.8K tons)
- Japan (0.6K tons)
- Norway (0.6K tons)
- France (0.5K tons)
- Belgium (0.4K tons)
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