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

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar (CIF) - 2023
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar

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

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $11,231 per ton in October 2023, declining by -9.2% against the previous month. Over the period under review, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in June 2023 when the average import price increased by 170% m-o-m. As a result, import price attained the peak level of $20,914 per ton. From July 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($34,754 per ton), while the price for China ($5,693 per ton) was amongst the lowest.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,966 per ton in 2021, falling by -25.8% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 an increase of 209%. The export price peaked at $48,274 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2013 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +382.5% per year.

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

In 2022, approx. 558 tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Qatar; dropping by -6.8% on 2021. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell to $5.3M in 2022. Overall, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 2.8% against the previous year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5101,6451,2382,08111.3%
Lebanon9641,1271,651893-2.5%
United Kingdom2,1099961,527891-25.0%
United States710465262267-27.8%
Italy2003212692416.4%
Turkey1761882982207.7%
India381145212131-29.9%
Others854807398599-11.2%
Total6,9045,6955,8555,322-8.3%

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

  1. China (309.4 tons)
  2. United Kingdom (40.5 tons)
  3. Turkey (38.3 tons)
  4. Lebanon (36.2 tons)
  5. United States (35.9 tons)
  6. India (24.6 tons)
  7. Italy (17.8 tons)

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

In 2021, approx. 1 tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were exported from Qatar; waning by -16.9% against 2020. Over the period under review, exports faced a abrupt descent.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell rapidly to $14K in 2021. Overall, exports continue to indicate a precipitous decrease.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Qatar (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
LebanonN/A14.00%
Oman22.7N/A0%
OthersN/AN/A0%
Total22.714.0-38.3%

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

  1. Lebanon (3.1 tons)

Source: IndexBox Market Intelligence Platform

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