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

Contents:

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

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

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,714 per ton in 2022, stabilizing at the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 +104.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 48% against the previous year. The import price peaked at $13,899 per ton in 2021, and then fell 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 Poland ($17,247 per ton), while the price for the Czech Republic ($11,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), 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 Romania (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $19,299 per ton, increasing by 12% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +31.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 36% against the previous year. The export price peaked in 2022 and is likely to see steady 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 the UK ($27,659 per ton), while the average price for exports to Germany ($9,342 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 Hungary (+15.1%), 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 Romania

In 2022, approx. 4.6K tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Romania; falling by -12.3% against 2021 figures. Over the period under review, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 13%.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $63M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $73M, and then shrank in the following year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22.023.530.823.01.5%
China8.710.812.014.017.2%
Germany7.38.511.111.416.0%
Poland5.34.56.24.3-6.7%
Turkey1.52.53.02.213.6%
Hungary1.61.82.51.5-2.1%
Czech Republic0.70.70.90.98.7%
Spain0.90.91.10.8-3.9%
Others4.64.15.45.13.5%
Total52.657.273.163.26.3%

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

  1. Italy (1634.1 tons)
  2. China (1174.5 tons)
  3. Germany (851.2 tons)
  4. Poland (247.5 tons)
  5. Turkey (172.5 tons)
  6. Hungary (97.5 tons)
  7. Czech Republic (80.3 tons)
  8. Spain (64.8 tons)

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

In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Romania soared to 242 tons, with an increase of 20% against the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume 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 +95.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. The exports peaked 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 surged to $4.7M in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary8384329632,28639.7%
United Kingdom1.50.2292467577.8%
Moldova25525842644220.1%
France48.181.1355422106.2%
Bulgaria331273221246-9.4%
Germany11281.210618919.1%
Italy174117391166-1.6%
Belgium11811211994.8-7.0%
Ukraine21997.094.039.4-43.5%
Serbia63.418.236.635.9-17.3%
Greece21410551.223.3-52.2%
Others320237396257-7.0%
Total2,6951,8123,4514,66920.1%

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

  1. Hungary (101.4 tons)
  2. Moldova (32.6 tons)
  3. France (25.9 tons)
  4. Germany (20.2 tons)
  5. United Kingdom (16.9 tons)
  6. Italy (12.5 tons)
  7. Bulgaria (10.1 tons)
  8. Belgium (5.5 tons)
  9. Serbia (2.2 tons)
  10. Greece (1.9 tons)
  11. Ukraine (1.8 tons)

Source: IndexBox Market Intelligence Platform

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