Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland - 2023

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (CIF) - 2023
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (FOB) - 2023
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (CIF) - 2023

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $19,286 per ton in November 2023, with an increase of 4.6% against the previous month. Over the period under review, import price indicated a resilient increase from December 2022 to November 2023: its price increased at an average monthly rate of +9.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +1.0% against August 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 67% month-to-month. Over the period under review, average import prices hit record highs in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Norway ($29,696 per ton), while the price for China ($12,280 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 Sweden (+33.4%), 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 Poland (FOB) - 2023

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $29,958 per ton in November 2023, standing approximately at the previous month. Over the last eleven months, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 20% against the previous month. As a result, the export price attained the peak level of $32,384 per ton. From July 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 external markets. In November 2023, the country with the highest price was the United States ($54,774 per ton), while the average price for exports to Ukraine ($22,541 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 Italy (+6.0%), 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 Poland

In 2022, after three years of growth, there was decline in supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -1% to 22K tons. The total import volume increased at an average annual rate of +10.0% 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 with an increase of 25% against the previous year. As a result, imports reached the peak of 22K tons, and then declined in the following year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $333M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 51%. As a result, imports attained the peak of $360M, and then shrank in the following year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51.955.380.598.323.7%
Germany48.953.872.960.27.2%
Spain44.746.766.252.35.4%
Sweden16.325.559.942.838.0%
Italy18.916.121.519.71.4%
Austria11.315.217.717.315.3%
Belgium12.48.412.914.55.4%
Others18.317.828.928.115.4%
Total22323936033314.3%

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

  1. China (7.7K tons)
  2. Spain (3.5K tons)
  3. Sweden (3.3K tons)
  4. Germany (3.0K tons)
  5. Italy (1.0K tons)
  6. Austria (0.9K tons)
  7. Belgium (0.7K tons)

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

In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Poland contracted to 13K tons, waning by -10.4% compared with the year before. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 14K tons, and then shrank in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted to $320M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports attained the peak of $349M, and then declined in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany91.490.91261116.7%
Australia24.121.131.929.46.9%
Austria11.916.920.320.119.1%
United States3.712.313.416.664.9%
Italy11.910.318.015.89.9%
Czech Republic9.69.313.814.715.3%
Denmark4.76.810.812.036.7%
Netherlands4.57.012.010.331.8%
Spain8.36.711.910.16.8%
Sweden3.34.09.18.637.6%
Hungary4.04.77.06.919.9%
Russia6.47.87.16.1-1.6%
France1.71.53.24.033.0%
Others45.647.763.554.05.8%
Total23124734932011.5%

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

  1. Germany (3987.6 tons)
  2. Austria (1154.7 tons)
  3. Italy (897.9 tons)
  4. Czech Republic (627.6 tons)
  5. Australia (620.8 tons)
  6. Spain (603.6 tons)
  7. United States (568.8 tons)
  8. Denmark (489.2 tons)
  9. Sweden (312.3 tons)
  10. Netherlands (289.7 tons)
  11. Russia (282.4 tons)
  12. Hungary (280.0 tons)
  13. France (222.8 tons)

Source: IndexBox Market Intelligence Platform

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