Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $15,360 per ton, dropping by -1.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 283%. The import price peaked at $114,397 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,373 per ton), while the price for Belgium ($6,210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), 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 Hungary (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $31,441 per ton in November 2023, with an increase of 12% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the UK ($33,683 per ton), while the average price for exports to Serbia ($21,226 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 (+14.4%), 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 Hungary
In 2022, after three years of growth, there was decline in overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -2.7% to 3.6K tons. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 250% against the previous year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s reduced to $56M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of $58M, and then reduced in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.4 | 13.4 | 16.7 | 16.2 | 4.0% |
| Italy | 11.9 | 10.8 | 14.6 | 13.0 | 3.0% |
| Austria | 4.4 | 4.2 | 3.9 | 3.9 | -3.9% |
| China | 2.6 | 2.2 | 3.2 | 3.9 | 14.5% |
| Poland | 3.1 | 3.1 | 4.4 | 3.6 | 5.1% |
| France | 3.2 | 2.9 | 3.3 | 2.5 | -7.9% |
| Turkey | 1.0 | 1.3 | 1.7 | 1.6 | 17.0% |
| Belgium | 1.9 | 1.3 | 1.7 | 1.5 | -7.6% |
| United Kingdom | 4.0 | 3.2 | 0.7 | 1.4 | -29.5% |
| Romania | 1.2 | 0.6 | 0.8 | 1.1 | -2.9% |
| Spain | 1.4 | 1.2 | 1.3 | 1.1 | -7.7% |
| Czech Republic | 0.9 | 0.6 | 0.8 | 0.8 | -3.9% |
| Slovenia | 1.0 | 1.2 | 0.5 | 0.8 | -7.2% |
| Others | 5.1 | 3.0 | 4.8 | 4.4 | -4.8% |
| Total | 56.1 | 49.2 | 58.4 | 55.7 | -0.2% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Hungary in 2022:
- Italy (1056.7 tons)
- Germany (691.3 tons)
- Poland (315.5 tons)
- China (276.2 tons)
- Belgium (235.8 tons)
- Austria (215.5 tons)
- Spain (151.5 tons)
- France (131.2 tons)
- Turkey (80.2 tons)
- Slovenia (77.0 tons)
- Romania (67.0 tons)
- United Kingdom (66.0 tons)
- Czech Republic (65.4 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
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 -18% to 1.6K tons. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 664% against the previous year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank markedly to $39M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports reached the peak of $46M, and then fell notably in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 26.3 | 19.4 | 27.3 | 20.3 | -8.3% |
| France | 1.5 | 1.9 | 3.7 | 4.8 | 47.4% |
| Netherlands | N/A | 0.5 | 3.9 | 3.8 | 175.7% |
| Romania | 2.1 | 1.9 | 2.2 | 1.5 | -10.6% |
| Denmark | 2.2 | 2.1 | 1.6 | 1.4 | -14.0% |
| United States | 0.4 | 0.8 | 1.0 | 1.3 | 48.1% |
| Slovakia | 1.2 | 1.1 | 1.2 | 1.3 | 2.7% |
| Czech Republic | 1.4 | 0.8 | 0.7 | 0.9 | -13.7% |
| Germany | 1.1 | 0.8 | 1.2 | 0.8 | -10.1% |
| Others | 2.5 | 2.0 | 3.4 | 2.7 | 2.6% |
| Total | 38.8 | 31.4 | 46.0 | 38.9 | 0.1% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Hungary in 2022:
- United Kingdom (782.6 tons)
- France (266.4 tons)
- Netherlands (143.2 tons)
- Romania (75.4 tons)
- United States (55.4 tons)
- Slovakia (43.3 tons)
- Czech Republic (38.8 tons)
- Germany (36.7 tons)
- Denmark (35.8 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Hungary.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
