Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia - 2024
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (CIF) - 2024
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (FOB) - 2024
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (CIF) - 2024
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $16,885 per ton, remaining relatively unchanged against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 39% month-to-month. Over the period under review, average import prices attained the maximum at $23,760 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat 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 Spain ($28,210 per ton), while the price for India ($9,373 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%), 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 Serbia (FOB) - 2024
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $30,760 per ton in November 2023, growing by 3.2% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +3.9%. The growth pace was the most rapid in February 2023 an increase of 36% month-to-month. Over the period under review, the average export prices reached the maximum at $32,374 per ton in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($68,778 per ton), while the average price for exports to North Macedonia ($7,205 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+12.6%), 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 Serbia
Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Serbia shrank dramatically to 747 tons in 2022, which is down by -30.2% against 2021 figures. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 1.1K tons, and then reduced notably in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined notably to $14M in 2022. The total import value increased at an average annual rate of +5.3% 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 imports increased by 37%. As a result, imports attained the peak of $16M, and then shrank markedly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.7 | 5.6 | 6.6 | 6.2 | -2.6% |
| Germany | 1.8 | 2.2 | 2.8 | 2.1 | 5.3% |
| China | 0.6 | 0.7 | 1.3 | 1.6 | 38.7% |
| Turkey | 0.5 | 0.7 | 1.7 | 0.7 | 11.9% |
| Greece | 0.1 | 0.3 | 0.5 | 0.7 | 91.3% |
| Spain | 0.7 | 0.9 | 1.6 | 0.6 | -5.0% |
| Hungary | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Austria | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Others | 0.9 | 1.0 | 1.2 | 1.1 | 6.9% |
| Total | 11.6 | 11.9 | 16.3 | 13.6 | 5.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Serbia in 2022:
- Italy (326.8 tons)
- Germany (99.3 tons)
- China (95.5 tons)
- Turkey (67.1 tons)
- Greece (44.0 tons)
- Spain (34.6 tons)
- Hungary (17.2 tons)
- Austria (14.6 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia
In 2022, after three years of growth, there was decline in overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -1.8% to 231 tons. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $3.8M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 36.7 | 130 | 443 | 672 | 163.6% |
| Croatia | 370 | 459 | 595 | 647 | 20.5% |
| Montenegro | 452 | 359 | 392 | 414 | -2.9% |
| Bosnia and Herzegovina | 333 | 380 | 401 | 407 | 6.9% |
| Sweden | 276 | 356 | 538 | 382 | 11.4% |
| North Macedonia | 282 | 209 | 296 | 295 | 1.5% |
| Italy | 43.4 | 346 | 337 | 248 | 78.8% |
| Romania | 115 | 111 | 165 | 174 | 14.8% |
| Others | 311 | 371 | 367 | 530 | 19.4% |
| Total | 2,219 | 2,721 | 3,534 | 3,769 | 19.3% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Serbia in 2022:
- Croatia (46.2 tons)
- Montenegro (34.7 tons)
- Bosnia and Herzegovina (32.0 tons)
- Denmark (23.0 tons)
- North Macedonia (22.1 tons)
- Sweden (14.5 tons)
- Romania (14.4 tons)
- Italy (14.2 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Serbia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
