Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India (FOB) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India (CIF) - 2022
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,949 per ton in 2022, jumping by 20% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($17,628 per ton), while the average price for exports to Nepal ($8,865 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 Turkey (+8.4%), 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 India (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $19,015 per ton in 2022, stabilizing at the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +39.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. As a result, import price reached the peak level of $19,252 per ton, and then shrank slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($40,724 per ton), while the price for Hong Kong SAR ($9,549 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.9%), 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 India
In 2022, after three years of growth, there was significant decline in overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -11% to 4.2K tons. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 4.7K tons, and then fell in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $58M in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.1 | 9.0 | 14.8 | 23.1 | 41.8% |
| Canada | 0.8 | 2.7 | 6.8 | 6.2 | 97.9% |
| Germany | 1.7 | 1.5 | 2.3 | 3.6 | 28.4% |
| Saudi Arabia | 1.3 | 1.8 | 3.0 | 3.5 | 39.1% |
| Nepal | 1.5 | 1.2 | 2.9 | 2.2 | 13.6% |
| Tunisia | 1.2 | 1.0 | 2.0 | 1.6 | 10.1% |
| Belgium | 1.7 | 1.7 | 1.6 | 1.6 | -2.0% |
| Italy | 0.9 | 0.7 | 1.3 | 1.4 | 15.9% |
| South Africa | 0.7 | 1.1 | 1.1 | 1.4 | 26.0% |
| Mexico | 0.9 | 1.0 | 1.2 | 1.4 | 15.9% |
| United Arab Emirates | 1.3 | 1.5 | 3.6 | 1.3 | 0.0% |
| Turkey | 0.5 | 0.3 | 0.6 | 1.1 | 30.1% |
| Oman | 1.5 | 1.7 | 1.5 | 0.7 | -22.4% |
| Others | 5.4 | 7.4 | 11.8 | 8.7 | 17.2% |
| Total | 27.5 | 32.6 | 54.3 | 57.9 | 28.2% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from India in 2022:
- United States (1404.7 tons)
- Canada (437.2 tons)
- Saudi Arabia (308.9 tons)
- Germany (268.3 tons)
- Nepal (250.8 tons)
- Tunisia (147.4 tons)
- Belgium (145.0 tons)
- South Africa (120.2 tons)
- Italy (106.8 tons)
- Turkey (95.8 tons)
- United Arab Emirates (95.3 tons)
- Mexico (80.7 tons)
- Oman (73.8 tons)
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into India surged to 1.7K tons, growing by 24% compared with the year before. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak 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 surged to $32M 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 +18.3% 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 +65.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 6.0 | 8.2 | 8.3 | 4.4% |
| Germany | 2.6 | 3.4 | 3.6 | 7.7 | 43.6% |
| Italy | 1.3 | 2.3 | 3.1 | 5.4 | 60.7% |
| Japan | 1.5 | 1.3 | 1.9 | 1.9 | 8.2% |
| South Korea | 1.0 | 2.0 | 1.3 | 1.5 | 14.5% |
| United States | 1.1 | 1.1 | 1.5 | 1.3 | 5.7% |
| Belgium | 0.2 | 0.2 | 0.5 | 0.8 | 58.7% |
| Singapore | 0.7 | 0.5 | 0.7 | 0.7 | 0.0% |
| Hong Kong SAR | 0.1 | 0.3 | 0.4 | 0.7 | 91.3% |
| Poland | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| France | 1.2 | 1.8 | 1.4 | 0.5 | -25.3% |
| Thailand | 0.1 | 0.5 | 0.7 | 0.5 | 71.0% |
| United Kingdom | 1.0 | 0.8 | 0.9 | 0.3 | -33.1% |
| Others | 1.3 | 1.4 | 2.1 | 2.3 | 20.9% |
| Total | 19.6 | 21.6 | 26.5 | 32.5 | 18.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to India in 2022:
- China (609.1 tons)
- Germany (318.3 tons)
- Italy (199.8 tons)
- United States (86.1 tons)
- Hong Kong SAR (76.1 tons)
- Japan (73.2 tons)
- South Korea (49.6 tons)
- Thailand (45.0 tons)
- Singapore (44.3 tons)
- Poland (37.9 tons)
- Belgium (32.3 tons)
- United Kingdom (25.4 tons)
- France (11.1 tons)
499
This report provides an in-depth analysis of the market for copper pipe and fitting in India.
597
This report provides an in-depth analysis of the global market for copper pipe and fitting.
