Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (CIF) - 2023
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $22,651 per ton in November 2023, picking up by 6.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 13% against the previous month. The import price peaked at $24,122 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Singapore ($47,750 per ton), while the price for Vietnam ($15,471 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $30,282 per ton in November 2023, surging by 4.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 13% m-o-m. As a result, the export price reached the peak level of $35,510 per ton. From April 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the United States ($39,784 per ton), while the average price for exports to the Philippines ($17,292 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.6%), 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 Japan
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Japan reached 9.4K tons, with an increase of 11% on the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded sharply to $213M in 2022. The total import value increased at an average annual rate of +7.2% 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 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 109 | 81.7 | 113 | 127 | 5.2% |
| Singapore | 15.4 | 15.5 | 26.5 | 22.2 | 13.0% |
| Vietnam | 11.4 | 9.4 | 11.4 | 18.7 | 17.9% |
| Thailand | 9.8 | 15.9 | 19.9 | 17.0 | 20.2% |
| Taiwan (Chinese) | 10.6 | 8.4 | 10.3 | 10.6 | 0.0% |
| Germany | 6.8 | 4.4 | 7.3 | 5.1 | -9.1% |
| South Korea | 3.4 | 3.3 | 4.8 | 3.4 | 0.0% |
| Others | 6.2 | 6.2 | 7.7 | 8.9 | 12.8% |
| Total | 172 | 145 | 201 | 213 | 7.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Japan in 2022:
- China (6.6K tons)
- Vietnam (0.8K tons)
- Thailand (0.7K tons)
- Taiwan (Chinese) (0.4K tons)
- Singapore (0.4K tons)
- Germany (0.2K tons)
- South Korea (0.1K tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan
Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Japan rose remarkably to 2.5K tons in 2022, growing by 11% against 2021 figures. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +58.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $84M in 2022. The total export value increased at an average annual rate of +9.2% 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 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $88M, and then reduced slightly in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.9 | 25.1 | 33.8 | 34.8 | 10.3% |
| China | 12.6 | 13.1 | 19.5 | 20.5 | 17.6% |
| Thailand | 3.0 | 3.9 | 5.6 | 5.8 | 24.6% |
| United States | 4.0 | 3.6 | 4.5 | 4.4 | 3.2% |
| Singapore | 3.5 | 3.2 | 4.9 | 3.8 | 2.8% |
| Turkey | 1.5 | 1.6 | 1.6 | 1.5 | 0.0% |
| Vietnam | 1.0 | 1.0 | 1.5 | 1.4 | 11.9% |
| Philippines | 1.2 | 1.0 | 1.6 | 1.2 | 0.0% |
| Others | 12.0 | 11.6 | 14.7 | 10.9 | -3.2% |
| Total | 64.8 | 64.2 | 87.7 | 84.3 | 9.2% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Japan in 2022:
- Germany (1002.0 tons)
- China (720.0 tons)
- Thailand (187.8 tons)
- Philippines (108.6 tons)
- Singapore (107.4 tons)
- United States (74.2 tons)
- Vietnam (56.4 tons)
- Turkey (43.3 tons)
439
This report provides an in-depth analysis of the market for copper pipe and fitting in Japan.
584
This report provides an in-depth analysis of the global market for copper pipe and fitting.
