Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya - 2022

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (CIF) - 2022
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $7,399 per ton, picking up by 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36%. The import price peaked at $13,517 per ton in 2018; however, from 2019 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 ($33,629 per ton), while the price for China ($2,859 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+15.7%), 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 Kenya (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $6,328 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 21% against the previous year. The export price peaked at $16,986 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Tanzania ($21,000 per ton), while the average price for exports to Democratic Republic of the Congo ($591 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 Seychelles (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya

In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Kenya totaled 71 tons, rising by 13% against 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 302%. As a result, imports attained the peak of 87 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $523K in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 176% against the previous year. As a result, imports attained the peak of $712K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom9.4200123165159.9%
China67.216239.789.29.9%
Italy31.543.340.940.48.6%
India43.668.981.933.8-8.1%
Turkey0.52.330.631.5297.9%
United Arab Emirates9.819.631.325.136.8%
Greece0.82.31.420.5194.8%
South Africa18.864.98.17.3-27.0%
Others76.514980.311012.9%
Total25871243752326.6%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Kenya in 2022:

  1. China (31.2 tons)
  2. United Kingdom (12.4 tons)
  3. United Arab Emirates (7.5 tons)
  4. Turkey (5.7 tons)
  5. India (4.0 tons)
  6. Italy (2.5 tons)
  7. Greece (1.4 tons)
  8. South Africa (0.5 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -84.6% to 125 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 117%. As a result, the exports reached the peak of 894 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank sharply to $791 in 2022. Over the period under review, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by 126%. As a result, the exports attained the peak of $5.5K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi1,366125406295-40.0%
Uganda150831720132-4.2%
Seychelles92.059450691.0-0.4%
Rwanda1021,3571,02570.0-11.8%
Zambia44.034130257.09.0%
CameroonN/AN/AN/A30.00%
Democratic Republic of the Congo27.012387.013.0-21.6%
South SudanN/AN/A163N/A0%
Others6602,1501,357103-46.2%
Total2,4415,5214,566791-31.3%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Kenya in 2022:

  1. Rwanda (34.0 kg)
  2. Burundi (28.0 kg)
  3. Democratic Republic of the Congo (22.0 kg)
  4. Uganda (15.0 kg)
  5. Cameroon (6.0 kg)
  6. Seychelles (5.0 kg)
  7. Zambia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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